Form 4: Tenet Healthcare Corp: Executive Lisa Y. Foo Reports Stock Transactions
SEC Form 4 Filing
Lisa Y. Foo, EVP of Commercial Operations at Tenet Healthcare Corp, reports the vesting of restricted stock units and subsequent sale of shares for tax obligations.
Summary
- On March 1, 2024, Lisa Y. Foo, EVP of Commercial Operations at Tenet Healthcare Corp, reported transactions involving the company's common stock.
- 4,198 restricted stock units vested and converted into common stock on a one-for-one basis.
- 1,890 shares were withheld for payment of taxes upon the vesting of these restricted stock units.
- The price per share for the tax withholding was $94.29, which was the closing price of Tenet Healthcare Corp's common stock on March 1, 2024.
- Following these transactions, Foo directly owns 19,566 shares of Tenet Healthcare Corp.
- Foo also directly owns 8,397 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, and does not contain information that would significantly impact investor sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/01/2023 | Restricted stock units were granted pursuant to the 2019 Stock Incentive Plan. |
| 03/01/2024 | Date of transaction: Vesting of restricted stock units, conversion to common stock, and tax withholding. |
| 03/05/2024 | Date of report filing. |
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