Form 4: NeueHealth Chief Accounting Officer Sells Shares to Cover Tax Obligations

Jeffrey J. Scherman, Chief Accounting Officer of NeueHealth, Inc., sold 1,368 shares of common stock to cover tax withholding obligations.

Summary

• Jeffrey J. Scherman, the Chief Accounting Officer of NeueHealth, Inc., sold 1,368 shares of common stock on January 6, 2025.
• The sale was executed to cover tax withholding obligations related to the vesting of restricted stock units.
• The shares were sold at a weighted average price of $7.33, with individual transactions ranging from $7.18 to $7.50 per share.
• Following the transaction, Scherman beneficially owns 5,942 shares of NeueHealth stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes and does not indicate any positive or negative sentiment.

Industry Context

This is a routine transaction for corporate insiders who receive stock-based compensation. It is common for executives to sell shares to cover tax liabilities when restricted stock units vest.

Comparison to Industry Standards

• Sales of shares by executives to cover tax obligations are a common practice across publicly traded companies.
• The price range of $7.18 to $7.50 per share is within the normal fluctuations of the stock price and does not indicate any unusual activity.
• Similar transactions are regularly reported by executives at comparable companies.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on the stock price, but it is not expected to be significant.

Key Dates

Keywords

NeueHealth, insider trading, stock sale, tax obligations, restricted stock units, Jeffrey J. Scherman, Chief Accounting Officer