Form 4: NeueHealth CFO Jay Matushak Sells Shares to Cover Tax Obligations

NeueHealth's CFO, Jay Matushak, sold 1,083 shares of common stock on March 18, 2024, to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• On March 18, 2024, Jay Matushak, the Chief Financial Officer of NeueHealth, Inc., sold 1,083 shares of the company's common stock.
• The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units.
• The shares were sold at a weighted average price of $7.27, with individual transaction prices ranging from $7.16 to $7.39 per share.
• Following the transaction, Matushak directly owns 8,643 shares of NeueHealth common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a stock sale for tax purposes, indicating a neutral 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 reason for such transactions.

Stakeholder Impact

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

Key Dates