Form 4: Surgery Partners Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
William Trenton Webb, American Group President at Surgery Partners, Inc., sold 2,057 shares of common stock to cover tax obligations related to vesting restricted stock.
Summary
- On March 10, 2025, William Trenton Webb, American Group President of Surgery Partners, Inc., sold 2,057 shares of common stock.
- The sale was executed at a weighted average price of $24.06 per share.
- The transaction was to satisfy tax withholding obligations related to the vesting of restricted stock on February 28, 2025, and March 2, 2025.
- Following the transaction, Webb directly owns 74,659 shares of Surgery Partners, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares to cover taxes is a normal part of compensation and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The sale has a minimal impact on shareholders as it is a small transaction by an individual executive.
Key Dates
| Date | Description |
|---|---|
| February 28, 2025 | Vesting of restricted stock contributing to tax obligations. |
| March 2, 2025 | Vesting of restricted stock contributing to tax obligations. |
| March 10, 2025 | Date of the stock sale transaction. |
| March 13, 2025 | Date of signature on the Form 4 filing. |
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