Form 4: NeueHealth EVP Tomas Orozco Sells Shares to Cover Tax Obligations

EVP of Consumer Care at NeueHealth, Tomas Orozco, sold shares of common stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On March 14, 2024, Tomas Orozco, EVP of Consumer Care at NeueHealth, sold 54 shares of common stock at a weighted average price of $7.06.
• The shares were sold in multiple transactions with prices ranging from $6.76 to $7.45 per share.
• Following this transaction, Orozco directly owned 5,993 shares of NeueHealth common stock.
• On March 15, 2024, Orozco sold 79 shares of common stock at a weighted average price of $7.10.
• These shares were sold in multiple transactions with prices ranging from $6.98 to $7.40 per share.
• After this transaction, Orozco directly owned 5,914 shares of NeueHealth common stock.
• The sales were to cover tax withholding obligations upon the vesting of restricted stock units and were not discretionary transactions.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock sales to cover tax obligations, which is neither particularly positive nor negative.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The stock sales by Tomas Orozco may have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely minimal given the relatively small number of shares sold.

Key Dates