Form 4: NeueHealth Executive Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4


Jeffery Michael Craig, GC & Corporate Secretary of NeueHealth, sold shares of common stock to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

  • On March 11, 2024, Jeffery Michael Craig, GC & Corporate Secretary of NeueHealth, sold 117 shares of common stock at a weighted average price of $8.11.
  • On March 12, 2024, he sold 70 shares at a weighted average price of $7.76.
  • On March 13, 2024, he sold 152 shares at a weighted average price of $7.30.
  • These sales were to cover tax withholding obligations upon the vesting of restricted stock units and were not discretionary transactions.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock sales for tax obligations, so it has a neutral sentiment.

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.

Stakeholder Impact

  • The stock sales may have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates

DateDescription
03/11/2024Sale of 117 shares of common stock at a weighted average price of $8.11.
03/12/2024Sale of 70 shares of common stock at a weighted average price of $7.76.
03/13/2024Sale of 152 shares of common stock at a weighted average price of $7.30.
03/13/2024Date of signature for the Form 4 filing.

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