Form 4: Nutex Health's Chief Medical Officer Reports Stock Transactions
SEC Form 4
Michael L. Chang, Chief Medical Officer of Nutex Health, Inc., reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.
Summary
- On March 1, 2025, Michael L. Chang, Chief Medical Officer of Nutex Health, Inc., had restricted stock units convert into 1,250 shares of common stock.
- Following the vesting, 266 shares were sold on April 4, 2025, at a price of $72.0972 to cover tax withholding obligations.
- Chang also indirectly owns 80,057 shares through Michael Chang PLLC, where he is the 100% owner and sole manager.
- Additionally, Chang directly owns 984 shares.
- On March 10, 2025, Chang was granted 2,500 RSUs, vesting in three equal installments on March 1, 2026, March 1, 2027, and March 1, 2028.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's typical for executives to receive stock-based compensation and periodically sell shares to cover taxes or diversify their holdings.
Stakeholder Impact
- Shareholders are informed about the insider trading activities of the company's Chief Medical Officer.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Restricted stock units converted into common stock. |
| 03/10/2025 | Grant date of 2,500 RSUs. |
| 04/04/2025 | Sale of 266 shares to cover tax obligations. |
| 03/01/2026 | First vesting date of RSUs. |
| 03/01/2027 | Second vesting date of RSUs. |
| 03/01/2028 | Third vesting date of RSUs. |
| 04/14/2025 | Date of Form 4 filing. |
Keywords
Nutex Health, Michael Chang, Form 4, Stock Transactions, Restricted Stock Units, Common Stock, Beneficial Ownership, Insider Trading
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