Form 4: Tenet Healthcare EVP Sun Park Reports Stock Transactions
SEC Form 4 Filing
EVP and Chief Financial Officer of Tenet Healthcare, Sun Park, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 28, 2025, Sun Park, EVP & Chief Financial Officer of Tenet Healthcare Corp, had restricted stock units vest, converting into 4,670 shares of common stock.
- Also on February 28, 2025, 4,670 shares were disposed of.
- On March 3, 2025, 1,985 shares were withheld for payment of taxes at a price of $126.59 per share.
- Following these transactions, Sun Park directly owns 2,685 shares of Tenet Healthcare Corp common stock and 9,341 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Tenet Healthcare.
Stakeholder Impact
- The vesting of restricted stock units and subsequent tax withholding may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Restricted stock units were granted pursuant to the 2019 Stock Incentive Plan. |
| 02/28/2025 | Restricted stock units vested and converted into common stock. |
| 02/28/2025 | First 1/3 increment of restricted stock units vested. |
| 03/03/2025 | Shares withheld for payment of taxes upon vesting of restricted stock units. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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