Form 4: Surgery Partners Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Bradley R. Owens, National Group President of Surgery Partners, Inc., sold 1,658 shares of common stock on March 4, 2024, to cover tax obligations related to vesting restricted stock.
Summary
- On March 4, 2024, Bradley R. Owens, National Group President of Surgery Partners, Inc., sold 1,658 shares of common stock.
- The sale was executed at a weighted average price of $30.43 per share.
- The transaction was to satisfy tax withholding obligations related to the vesting of restricted stock on March 2, 2024.
- Following the transaction, Owens directly owns 81,753 shares of Surgery Partners, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale for tax purposes, indicating a neutral sentiment.
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. This sale appears to be related to tax obligations, a common reason for such transactions.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the stated reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 03/02/2024 | Restricted stock vested, triggering tax obligations. |
| 03/04/2024 | Date of the stock sale transaction. |
| 03/06/2024 | Date of the Form 4 filing. |
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