Form 4: Surgery Partners Executive Jennifer Baldock Sells Shares to Cover Tax Obligations

Sentiment:

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

DateDescription
03/10/2024Vesting of restricted stock related to the March 11th sale.
03/11/2024Vesting of restricted stock related to the March 12th sale.
03/11/2024Sale of 675 shares of common stock.
03/12/2024Sale of 922 shares of common stock.
03/13/2024Date of Form 4 filing.

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