Form 4: NeueHealth Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
EVP Tomas Orozco sold shares of NeueHealth stock between March 11th and March 13th to cover tax withholding obligations related to vesting restricted stock units.
Summary
- Tomas Orozco, EVP of Consumer Care at NeueHealth, Inc., sold shares of common stock between March 11th and March 13th.
- The sales were executed to cover tax withholding obligations upon the vesting of restricted stock units.
- On March 11th, 60 shares were sold at a weighted average price of $8.11.
- On March 12th, 36 shares were sold at a weighted average price of $7.76.
- On March 13th, 78 shares were sold at a weighted average price of $7.30.
- Following these transactions, Orozco directly owns 6,047 shares of NeueHealth common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating routine stock sales to cover tax obligations. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking to understand the sentiment of company executives regarding their own company's stock.
Stakeholder Impact
- The stock sales could have a minor dilutive effect on existing shareholders, but the amount is insignificant.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | 60 shares of common stock sold at a weighted average price of $8.11. |
| 03/12/2024 | 36 shares of common stock sold at a weighted average price of $7.76. |
| 03/13/2024 | 78 shares of common stock sold at a weighted average price of $7.30. |
| 03/13/2024 | Date of signature for the Form 4 filing. |
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