Form 4: Surgery Partners Executive Jennifer Baldock Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Jennifer Baldock, Chief Admin & Dev Officer of Surgery Partners, Inc., sold shares of common stock to cover tax withholding obligations related to vesting restricted stock.
Summary
- On March 11, 2024, Jennifer Baldock, Chief Admin & Dev Officer of Surgery Partners, Inc., sold 675 shares of common stock at a weighted average price of $29.7.
- On March 12, 2024, Baldock sold 922 shares of common stock at a weighted average price of $29.74.
- These sales were to satisfy tax withholding obligations related to the vesting of restricted stock on March 10 and March 11, 2024.
- Following these transactions, Baldock beneficially owns 183,644 shares of Surgery Partners, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock sales for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are routine disclosures of transactions by company insiders and are a normal part of corporate governance.
Stakeholder Impact
- The stock sales could have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 03/10/2024 | Vesting of restricted stock related to the March 11th sale. |
| 03/11/2024 | Vesting of restricted stock related to the March 12th sale. |
| 03/11/2024 | Sale of 675 shares of common stock. |
| 03/12/2024 | Sale of 922 shares of common stock. |
| 03/13/2024 | Date of Form 4 filing. |
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