Form 4: Surgery Partners' Chief Human Resources Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Danielle Burkhalter, Chief Human Resources Officer of Surgery Partners, Inc., sold 167 shares of common stock on February 4, 2025, to satisfy tax withholding obligations related to the vesting of restricted stock.
Summary
- On February 4, 2025, Danielle Burkhalter, the Chief Human Resources Officer of Surgery Partners, Inc. (SGRY), sold 167 shares of the company's common stock.
- The sale was executed at a weighted average price of $25.68 per share.
- This transaction was conducted to cover the reporting person's tax withholding obligations in connection with the vesting of restricted stock on January 31, 2025.
- Following the transaction, Burkhalter directly owns 30,187 shares of Surgery Partners' common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations. It doesn't indicate a positive or negative outlook for the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock vests.
Key Dates
| Date | Description |
|---|---|
| January 31, 2025 | Vesting of restricted stock that triggered tax withholding obligations. |
| February 4, 2025 | Date of the stock sale transaction. |
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