Form 4: NeueHealth Chief Accounting Officer Reports Stock Transaction
SEC Form 4 Filing
Jeffrey J. Scherman, Chief Accounting Officer of NeueHealth, reports a transaction involving restricted stock units vesting on March 6, 2024.
Summary
- On March 6, 2024, Jeffrey J. Scherman, the Chief Accounting Officer of NeueHealth, engaged in a transaction involving the vesting of restricted stock units.
- A total of 2,491 restricted stock units vested, representing a contingent right to receive an equivalent number of shares of NeueHealth's common stock.
- Following the reported transaction, Scherman directly owns 4,981 derivative securities.
- The restricted stock units vest in three equal annual installments beginning on March 6, 2024.
- After the transaction, Scherman beneficially owns 81,911 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting a standard transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the ongoing compensation and equity ownership of a key executive.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of earliest transaction and vesting of restricted stock units. |
| 03/06/2024 | Restricted stock units vest in three equal annual installments beginning on this date. |
| 03/08/2024 | Date of signature for the report. |
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