Form 4: NeueHealth Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Jeffrey J. Scherman, Chief Accounting Officer of NeueHealth, sold 112 shares of common stock to cover tax withholding obligations upon the vesting of restricted stock units.
Summary
- On May 12, 2025, Jeffrey J. Scherman, the Chief Accounting Officer of NeueHealth, Inc., sold 112 shares of common stock.
- 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 $6.76, with individual transactions ranging from $6.67 to $6.83 per share.
- Following the transaction, Scherman directly owns 12,463 shares of NeueHealth common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no indication of positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This particular filing reflects a common practice of executives selling shares to cover tax obligations related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of the stock sale transaction. |
| 05/14/2025 | Date of signature for the Form 4 filing. |
Keywords
NeueHealth, Scherman, insider trading, Form 4, stock sale, tax obligations, restricted stock units, NEUE, Chief Accounting Officer
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