Form 4: NeueHealth Executive Sells Shares to Cover Tax Obligations

A NeueHealth executive sold 2,486 shares to cover tax obligations related to vesting restricted stock units.

Summary

• Jeffery Michael Craig, General Counsel and Corporate Secretary of NeueHealth, Inc., sold 2,486 shares of common stock on January 6, 2025.
• The sale was executed to cover tax withholding obligations arising from 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, Mr. Craig directly owns 7,558 shares of NeueHealth stock.

Sentiment

Score: 5

Explanation: The document describes a routine transaction for an executive to cover tax obligations. It is neither positive nor negative for the company's outlook.

Industry Context

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

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a common practice across publicly traded companies.
• The sale of 2,486 shares is not unusual for an executive at this level.
• The price range of $7.18 to $7.50 is within the expected range for a stock like NeueHealth.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

Keywords

NeueHealth, stock sale, insider trading, Form 4, executive, tax obligations, restricted stock units