SGRY.NASDAQSurgery Partners, INC

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

Sentiment:

SEC Form 4 Filing

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David T. Doherty, CFO of Surgery Partners, Inc., sold 6,733 shares of common stock on March 10, 2025, to satisfy tax withholding obligations related to vesting restricted stock.

Summary

  • On March 10, 2025, David T. Doherty, the Chief Financial Officer of Surgery Partners, Inc. (SGRY), sold 6,733 shares of the company's common stock.
  • The sale was executed at a weighted average price of $24.02 per share.
  • This transaction was conducted to cover the reporting person's tax withholding obligations in connection with the vesting of restricted stock on February 28, 2025, and March 2, 2025.
  • Following the transaction, Doherty directly owns 150,868 shares of Surgery Partners, Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale for tax purposes, which is neither particularly positive nor negative.

Industry Context

This is a routine Form 4 filing related to insider stock transactions. It is common for executives to sell shares to cover tax obligations when restricted stock vests.

Stakeholder Impact

  • The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates

DateDescription
February 28, 2025Date of restricted stock vesting related to the tax obligations.
March 2, 2025Date of restricted stock vesting related to the tax obligations.
March 10, 2025Date of the stock sale transaction.
March 13, 2025Date of the signature on the Form 4 filing.

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