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

NeueHealth's CFO, Jay Matushak, sold shares of common stock to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• On March 14, 2024, Jay Matushak, the Chief Financial Officer of NeueHealth, Inc., sold 173 shares of common stock at a weighted average price of $7.06 per share.
• The sales were executed to cover tax withholding obligations upon the vesting of restricted stock units.
• Following this transaction, Matushak directly owns 9,974 shares of NeueHealth common stock.
• On March 15, 2024, Matushak sold 248 shares of common stock at a weighted average price of $7.10 per share.
• Following this transaction, Matushak directly owns 9,726 shares of NeueHealth common stock.

Sentiment

Score: 5

Explanation: The document describes routine stock sales to cover tax obligations, which is neither particularly positive nor negative. It's a neutral event.

Industry Context

Sales of shares by company executives are a common occurrence, often related to compensation and tax obligations. These transactions are closely monitored by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders due to the slight dilution of shares.

Key Dates