Astrana Health (ASTH) COO/CFO surrenders shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Astrana Health, Inc. COO and CFO Basho Chandan reported a small tax-related share disposition. On April 2, 2026, he surrendered 2,092 shares of common stock at an assigned price of $25.05 per share to cover tax withholding obligations tied to restricted stock units that vested that day.
After this tax-withholding transaction, Chandan directly holds 171,635 shares of Astrana Health common stock. This figure includes unvested restricted stock and restricted stock units scheduled to vest over the next several years, subject to his continued employment with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Basho Chandan
Role
COO and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,092 | $25.05 | $52K |
Holdings After Transaction:
Common Stock — 171,635 shares (Direct)
Footnotes (1)
- Represents the surrender of shares to offset against tax withholding obligations associated with certain restricted stock units that vested on April 2, 2026. Includes the following shares of unvested restricted stock, which will vest as follows (in each case subject to continuous employment with the Issuer): (i) 7,214 shares, which will vest on April 14, 2026; and (ii) 30,404 shares, which will vest in two equal annual installments on May 16, 2026 and 2027. Also includes the following restricted stock units, which will vest as follows (in each case subject to continuous employment with the Issuer): (i) 15,604 restricted stock units, which will vest in four equal semi-annual installments beginning on October 2, 2026; and (ii) 20,027 restricted stock units, which will vest in six equal semi-annual installments beginning on September 5, 2026.
Key Figures
Shares surrendered for tax withholding: 2,092 shares
Assigned share price: $25.05 per share
Shares held after transaction: 171,635 shares
+4 more
7 metrics
Shares surrendered for tax withholding
2,092 shares
Common stock surrendered on April 2, 2026 for tax obligations on vested RSUs
Assigned share price
$25.05 per share
Value used for 2,092-share tax-withholding disposition
Shares held after transaction
171,635 shares
Direct Astrana Health common stock holdings following April 2, 2026 transaction
Unvested restricted stock (near-term)
7,214 shares
Restricted stock vesting on April 14, 2026, subject to continued employment
Additional unvested restricted stock
30,404 shares
Vesting in two equal annual installments on May 16, 2026 and 2027
Unvested RSUs (grant 1)
15,604 RSUs
Vesting in four equal semi-annual installments beginning October 2, 2026
Unvested RSUs (grant 2)
20,027 RSUs
Vesting in six equal semi-annual installments beginning September 5, 2026
Key Terms
restricted stock units, tax withholding obligations, unvested restricted stock, semi-annual installments
4 terms
restricted stock units financial
"restricted stock units, which will vest as follows (in each case subject to continuous employment with the Issuer)"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"surrender of shares to offset against tax withholding obligations associated with certain restricted stock units"
unvested restricted stock financial
"Includes the following shares of unvested restricted stock, which will vest as follows"
semi-annual installments financial
"restricted stock units, which will vest in four equal semi-annual installments beginning on October 2, 2026"
FAQ
What insider transaction did Astrana Health (ASTH) report for Basho Chandan?
Astrana Health reported that COO and CFO Basho Chandan surrendered 2,092 shares of common stock on April 2, 2026. The shares were used to satisfy tax withholding obligations arising from restricted stock units that vested, rather than through an open-market sale.
Was the Astrana Health (ASTH) Form 4 transaction an open-market sale?
No. The Form 4 shows a tax-withholding disposition coded as “F,” meaning 2,092 shares were surrendered to cover taxes on vested restricted stock units. It does not represent a discretionary open-market sale of Astrana Health shares by the executive.
What future vesting schedule is disclosed for Basho Chandan’s Astrana Health (ASTH) equity?
The filing notes 7,214 unvested restricted shares vesting on April 14, 2026 and 30,404 vesting in two annual installments on May 16, 2026 and 2027. It also discloses multiple restricted stock unit grants vesting in semi-annual installments starting in late 2026.
What does transaction code “F” mean in the Astrana Health (ASTH) Form 4?
Transaction code “F” indicates shares were surrendered to pay the exercise price or satisfy tax liabilities. Here, 2,092 Astrana Health shares were used to cover tax withholding on vested restricted stock units, rather than being sold on the open market for cash proceeds.