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

Jeffrey J. Scherman, Chief Accounting Officer of NeueHealth, Inc., sold shares of common stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On March 11, 2025, Jeffrey J. Scherman, the Chief Accounting Officer of NeueHealth, Inc., sold 427 shares of common stock at a weighted average price of $6.85 per share to cover tax withholding obligations.
• On the same day, Scherman exercised 5,500 restricted stock units, acquiring 5,500 shares of common stock.
• Following these transactions, Scherman directly owned 8,482 shares of common stock and 11,000 restricted stock units.
• On March 12, 2025, Scherman sold 375 shares of common stock at a weighted average price of $6.93 per share to cover tax withholding obligations.
• After this sale, Scherman directly owned 13,607 shares of common stock.
• The restricted stock units vest in three equal annual installments beginning on March 11, 2025.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reflects routine transactions for tax purposes.

Industry Context

This is a routine Form 4 filing, indicating insider transactions. It's common for executives to sell shares to cover tax obligations when restricted stock units vest.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the small number of shares involved.

Key Dates