Form 4: NeueHealth Executive Tomas Orozco Reports Stock Sales to Cover Tax Obligations
SEC Form 4 Filing
EVP Tomas Orozco of NeueHealth, Inc. reports selling shares of common stock to cover tax withholding obligations upon the vesting of restricted stock units.
Summary
- On March 7, 2024, Tomas Orozco, EVP of Consumer Care at NeueHealth, Inc., sold 179 shares of common stock at a weighted average price of $9.88.
- These sales were to cover tax withholding obligations related to the vesting of 2,328 restricted stock units.
- On March 8, 2024, Orozco sold an additional 115 shares at a weighted average price of $8.42.
- Following these transactions, Orozco directly owns 6,221 shares of NeueHealth common stock.
- The reported prices are weighted averages, and Orozco will provide full details of individual sales prices upon request.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock sales by a company executive, which is a common occurrence in publicly traded companies. It provides transparency into the executive's transactions in the company's stock.
Stakeholder Impact
- The stock sales could have a minor, temporary impact on the stock price, but are unlikely to significantly affect stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/07/2023 | Beginning date of vesting for restricted stock units in three equal annual installments |
| 03/07/2024 | Date of transaction: Sale of 179 shares of common stock and vesting of 2,328 restricted stock units. |
| 03/08/2024 | Date of transaction: Sale of 115 shares of common stock. |
| 03/11/2024 | Date of signature on the Form 4 filing. |
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