Form 4: Tenet Healthcare EVP Thomas Arnst Reports Stock Transactions

EVP, Chief Admin. Officer & GC of Tenet Healthcare, Thomas Arnst, reports transactions involving common stock and restricted stock units.

Summary

• Thomas Arnst, EVP, Chief Admin. Officer & GC of Tenet Healthcare Corp, reported transactions involving the company's common stock.
• On February 23, 2024, Arnst acquired 4,213 shares of common stock through the vesting of restricted stock units and disposed of 1,658 shares to cover tax obligations at a price of $92.8.
• Following these transactions, Arnst directly owned 27,456 shares of common stock.
• On February 24, 2024, Arnst acquired 4,156 shares of common stock through the vesting of restricted stock units and disposed of 1,636 shares to cover tax obligations at a price of $92.8.
• Arnst also disposed of 8,222 shares to satisfy withholding taxes due upon vesting of performance share units.
• Following these transactions, Arnst directly owned 21,754 shares of common stock.
• The reported transactions also involved the vesting of 2022 and 2021 restricted stock units, which convert into common stock on a one-for-one basis.
• Chad J. Wiener, as Attorney-in-fact for Thomas W. Arnst, signed the report on February 27, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their trading activities and ownership positions in their companies.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates