Form 4: NeueHealth Chief Accounting Officer Reports Stock Sales to Cover Tax Obligations
SEC Form 4 Filing
Jeffrey J. Scherman, Chief Accounting Officer of NeueHealth, Inc., reported the sale of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 7, 2025, Jeffrey J. Scherman, the Chief Accounting Officer of NeueHealth, Inc., sold 620 shares of common stock at a weighted average price of $7.19 per share to cover tax obligations.
- On the same day, 1,280 restricted stock units vested, resulting in Mr. Scherman acquiring 1,280 shares.
- On March 10, 2025, Mr. Scherman sold an additional 184 shares at a weighted average price of $7.06 per share, also to cover tax obligations.
- Following these transactions, Mr. Scherman beneficially owns 8,909 shares of NeueHealth common stock.
Sentiment
Score: 5
Explanation: The document reflects routine stock sales for tax purposes, indicating a neutral sentiment. There are no explicit positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure related to stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The stock sales are unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors, as they are related to tax obligations of an individual officer.
Key Dates
| Date | Description |
|---|---|
| 03/07/2023 | Restricted stock units vested in three equal annual installments beginning on this date. |
| 03/07/2025 | Sale of 620 shares of common stock and vesting of 1,280 restricted stock units. |
| 03/10/2025 | Sale of 184 shares of common stock. |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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