Form 4: NeueHealth Executive Sells Shares to Cover Tax Obligations

Tomas Orozco, EVP of Consumer Care at NeueHealth, sold 1,233 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• Tomas Orozco, an Executive Vice President at NeueHealth, sold 1,233 shares of the company's 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, Orozco directly owns 7,830 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 1,233 shares is relatively small compared to the total outstanding shares of NeueHealth and is unlikely to have a significant impact on the stock price.
• Similar transactions are regularly reported by executives at other healthcare companies such as UnitedHealth Group (UNH) and CVS Health (CVS).

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

stock sale, insider trading, executive compensation, tax obligations, restricted stock units, NeueHealth, NEUE, Tomas Orozco