Form 4: Surgery Partners Executive Webb Acquires Shares Through Performance Vesting, Sells to Cover Taxes

William Trenton Webb, American Group President at Surgery Partners, acquired shares through performance vesting and sold a portion to cover tax obligations.

Summary

• On January 31, 2025, William Trenton Webb acquired 3,207 shares of Surgery Partners common stock due to the performance vesting criteria for the year ended December 31, 2024.
• These shares were granted on February 28, 2024, and will vest in two equal annual installments starting January 31, 2025.
• On February 4, 2025, Webb sold 257 shares at $25.7 per share to satisfy tax withholding obligations related to the vesting of restricted stock on January 31, 2025.
• Following these transactions, Webb directly owns 60,330 shares of Surgery Partners common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transactions are routine and related to compensation and tax obligations. There is no indication of significant positive or negative sentiment.

Positives

• The acquisition of shares through performance vesting suggests that the company met certain performance targets.

Industry Context

Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates