Form 4: Tenet Healthcare EVP Paola M. Arbour Reports Stock Transactions
SEC Form 4 Filing
Paola M. Arbour, EVP and Chief Information Officer of Tenet Healthcare, reports the vesting and conversion of restricted stock units into common stock, along with a tax withholding transaction.
Summary
- Paola M. Arbour, an Executive Vice President and Chief Information Officer at Tenet Healthcare Corp, filed a Form 4 detailing changes in beneficial ownership.
- On February 28, 2025, Arbour converted 1,868 restricted stock units from a 2024 grant and 2,799 restricted stock units from a 2023 grant into common stock.
- Also on March 3, 2025, 1,838 shares of common stock were withheld for payment of taxes upon the vesting of the restricted stock units at a price of $126.59 per share.
- Following these transactions, Arbour directly owns 34,309 shares of Tenet Healthcare Corp common stock.
- Arbour also holds 3,737 restricted stock units from the 2024 grant and 2,799 restricted stock units from the 2023 grant.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
- The transactions have a minor impact on the overall share structure of the company.
Key Dates
| Date | Description |
|---|---|
| March 1, 2023 | Date of grant for 2023 Restricted Stock Units |
| February 28, 2024 | Date of grant for 2024 Restricted Stock Units |
| February 28, 2025 | Vesting and conversion of restricted stock units to common stock. |
| March 3, 2025 | Shares withheld for payment of taxes. |
| March 4, 2025 | Date of Form 4 filing. |
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