Form 4: NeueHealth CEO Sells Shares to Cover Tax Obligations

George Lawrence Mikan III, CEO of NeueHealth, sold 4,990 shares of common stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

• George Lawrence Mikan III, CEO and President of NeueHealth, Inc. (NEUE), reported a transaction on March 18, 2024, involving the sale of 4,990 shares of common stock.
• The sale was executed to cover tax withholding obligations upon the vesting of restricted stock units.
• The shares were sold at a weighted average price of $7.27, with individual transactions ranging from $7.16 to $7.39 per share.
• Following the transaction, Mikan directly owns 64,832 shares of NeueHealth common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a stock sale for tax purposes. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This sale appears to be related to tax obligations, which is a common occurrence when restricted stock units vest.

Stakeholder Impact

• The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the stated reason for the sale.

Key Dates