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

Danielle Burkhalter, Chief Human Resources Officer of Surgery Partners, Inc., sold 1,240 shares of common stock on March 10, 2025, to satisfy tax withholding obligations related to vesting restricted stock.

Summary

• On March 10, 2025, Danielle Burkhalter, the Chief Human Resources Officer of Surgery Partners, Inc., sold 1,240 shares of the company's common stock.
• The sale was executed at a weighted average price of $24.14 per share.
• This transaction was intended to cover the reporting person's tax withholding obligations in connection with the vesting of restricted stock on February 28, 2025, and March 2, 2025.
• Following the transaction, Burkhalter directly owns 44,913 shares of Surgery Partners, Inc.
• The sale was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: Neutral sentiment as the transaction is a routine sale to cover tax obligations and doesn't indicate a significant change in the executive's outlook on the company.

Industry Context

This is a routine transaction for executives to cover tax obligations related to stock vesting. It doesn't necessarily reflect a change in the executive's confidence in the company.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholders, but it is unlikely to be significant given the relatively small number of shares involved.

Key Dates