Form 4: NeueHealth Executive Sells Shares to Cover Tax Obligations

Jeffrey J. Scherman, Chief Accounting Officer of NeueHealth, Inc., sold shares of common stock to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• On March 14 and 15, 2024, Jeffrey J. Scherman, the Chief Accounting Officer of NeueHealth, Inc., sold shares of the company's common stock.
• The sales were executed to cover tax withholding obligations associated with the vesting of restricted stock units.
• On March 14, 68 shares were sold at a weighted average price of $7.06 per share, with individual prices ranging from $6.76 to $7.45.
• On March 15, 98 shares were sold at a weighted average price of $7.10 per share, with individual prices ranging from $6.98 to $7.40.
• Following these transactions, Scherman directly owns 4,008 shares of NeueHealth common stock.

Sentiment

Score: 5

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

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders due to the increased supply of shares in the market, but the amount is relatively small.

Key Dates