Form 4: NeueHealth Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
EVP Tomas Orozco sold 822 shares of NeueHealth stock on March 18, 2024, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 18, 2024, Tomas Orozco, EVP of Consumer Care at NeueHealth, Inc., sold 822 shares of common stock.
- The sale was executed to cover tax withholding obligations upon the vesting of restricted stock units.
- The shares were sold at a weighted average price of $7.27, with individual transactions ranging from $7.16 to $7.39 per share.
- Following the transaction, Orozco directly owns 5,092 shares of NeueHealth stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction to cover tax obligations. It doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction. It's common for executives to sell shares to cover tax obligations when restricted stock units vest.
Stakeholder Impact
- The sale has a minimal impact on shareholders as it's a small transaction by an individual executive.
Key Dates
| Date | Description |
|---|---|
| 03/18/2024 | Date of stock sale transaction. |
| 03/20/2024 | Date of signature on the Form 4 filing. |
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