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

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

Summary

• On March 11, 2024, Jay Matushak, the CFO of NeueHealth, Inc., sold 193 shares of common stock at a weighted average price of $8.11.
• On March 12, 2024, Matushak sold 116 shares at a weighted average price of $7.76.
• On March 13, 2024, Matushak sold 251 shares at a weighted average price of $7.30.
• These sales were executed to cover tax withholding obligations upon the vesting of restricted stock units.
• Following these transactions, Matushak directly owns 10,147 shares of NeueHealth common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction (stock sales for tax obligations) and doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock sales by the CFO could have a minor, short-term impact on shareholders due to the increased supply of shares in the market.

Key Dates