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

Sentiment:

SEC Form 4 Filing


Danielle Burkhalter, Chief Human Resources Officer of Surgery Partners, Inc., sold 586 shares of common stock on March 4, 2024, to cover tax obligations related to vesting restricted stock.

Summary

  • On March 4, 2024, Danielle Burkhalter, the Chief Human Resources Officer of Surgery Partners, Inc., sold 586 shares of the company's common stock.
  • The sale was executed at a weighted average price of $30.41 per share.
  • This transaction was to satisfy tax withholding obligations related to the vesting of restricted stock on March 2, 2024.
  • Following the transaction, Burkhalter directly owns 36,592 shares of Surgery Partners, Inc.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sale of shares to cover tax obligations) and does not contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning or tax obligations. This transaction appears to be related to tax obligations from vested stock.

Stakeholder Impact

  • The sale of shares by an executive could have a minor impact on shareholder perception, but is unlikely to be significant given the reason for the sale.

Key Dates

DateDescription
03/02/2024Restricted stock vested.
03/04/2024Shares sold to cover tax obligations.
03/06/2024Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.