Form 4: Surgery Partners CFO Sells Shares to Cover Tax Obligations

David T. Doherty, CFO of Surgery Partners, Inc., sold 13,641 shares of common stock on February 7, 2025, to satisfy tax withholding obligations related to vesting restricted stock.

Summary

• David T. Doherty, the Chief Financial Officer of Surgery Partners, Inc., sold 13,641 shares of common stock on February 7, 2025.
• The sale was executed at a weighted average price of $25.61 per share.
• The purpose of the sale was to cover the reporting person's tax withholding obligations in connection with the vesting of restricted stock on January 31, 2025, and February 1, 2025.
• Following the transaction, Doherty directly owns 108,862 shares of Surgery Partners, Inc.
• The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of a stock sale by an executive to cover tax obligations, which is neither particularly positive nor negative.

Industry Context

Sales of shares by company executives are a common occurrence, often related to compensation and tax planning. It's important to consider the size of the sale relative to the executive's total holdings and the overall trading volume of the stock.

Stakeholder Impact

• The sale of shares by the CFO could have a minor impact on shareholders, depending on the market's perception of the transaction.

Key Dates