Form 4: Privia Health Group Former EVP Thomas Bartrum Reports Sale of Shares to Cover Tax Obligations

Thomas Bartrum, former EVP and General Counsel of Privia Health Group, Inc., reports the sale of 2,252 shares of common stock to cover tax withholding obligations.

Summary

• On April 30, 2024, Thomas Bartrum, the former EVP and General Counsel of Privia Health Group, Inc. (PRVA), sold 2,252 shares of common stock at a price of $18.42 per share.
• The sale was a mandatory, non-discretionary transaction to cover tax withholding obligations related to the vesting and settlement of restricted stock units.
• Following the transaction, Bartrum directly owns 103,862 shares of Privia Health Group, Inc.

Sentiment

Score: 5

Explanation: This is a neutral event. The sale is related to tax obligations and doesn't necessarily reflect a change in the executive's confidence in the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. This filing indicates a sale of shares by a former executive to cover tax obligations, which is a common practice.

Stakeholder Impact

• The sale of shares by a former executive may have a minor impact on shareholders, but it is unlikely to be significant as it is related to tax obligations.

Key Dates