Form 4: Surgery Partners Exec Chairman Wayne DeVeydt Acquires 4,233 Shares of Common Stock
SEC Form 4 Filing
Wayne DeVeydt, Executive Chairman of Surgery Partners, acquired 4,233 shares of common stock at $24.21 per share on March 21, 2025, bringing his total holdings to 105,203 shares.
Summary
- On March 21, 2025, Wayne DeVeydt, the Executive Chairman of the Board of Surgery Partners, Inc., acquired 4,233 shares of the company's common stock.
- The shares were acquired at a price of $24.21 per share.
- This transaction increased DeVeydt's direct ownership to 105,203 shares of Surgery Partners common stock.
- The acquisition was in the form of restricted stock awards (RSAs) granted on March 21, 2025, which vest on the first anniversary of the grant date.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of an insider stock transaction. The acquisition of shares by the Executive Chairman could be seen as a positive signal, but it's not a major event.
Positives
- The Executive Chairman's acquisition of shares may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's alignment with shareholder interests.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Date of earliest transaction and grant date of restricted stock awards |
| 03/21/2026 | Vesting date of the restricted stock awards |
| 03/25/2025 | Date of signature for the Form 4 filing |
Keywords
Surgery Partners, Wayne DeVeydt, SGRY, Executive Chairman, Stock Acquisition, Form 4, Restricted Stock Awards, Beneficial Ownership
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