Form 4: Surgery Partners Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
William Trenton Webb, American Group President at Surgery Partners, sold 138 shares of common stock on March 14, 2025, to cover tax withholding obligations related to vesting restricted stock.
Summary
- On March 14, 2025, William Trenton Webb, the American Group President of Surgery Partners, Inc., sold 138 shares of common stock.
- The sale was executed at a weighted average price of $23.7 per share.
- The transaction was intended to satisfy tax withholding obligations related to the vesting of restricted stock on March 11, 2025.
- Following the transaction, Webb directly owns 74,521 shares of Surgery Partners, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover tax obligations) and doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder perception, but the small number of shares sold suggests the impact will be minimal.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of restricted stock vesting. |
| 03/14/2025 | Date of stock sale transaction. |
| 03/17/2025 | Date of Form 4 filing. |
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