Astrana Health CAO surrenders shares for taxes
Astrana Health, Inc. Chief Accounting Officer Glenn Sobotka reported a routine tax-withholding transaction involving company stock.
Rhea-AI Filing Summary
Astrana Health, Inc. Chief Accounting Officer Glenn Sobotka reported a routine tax-withholding transaction involving company stock. On March 26, 2026, he surrendered 662 shares of common stock at $24.27 per share to cover taxes on restricted stock that vested that day. Following this non‑market disposition, he directly holds 14,039 shares, including unvested restricted stock awards. These include 4,824 shares scheduled to vest in three equal annual installments beginning on March 26, 2027, and 8,269 shares that will vest only if certain performance goals are achieved.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 662 shares
Exercise Price or Tax Liability
1 txn
Insider
Sobotka Glenn
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 662 | $24.27 | $16K |
Holdings After Transaction:
Common Stock — 14,039 shares (Direct)
Footnotes (2)
- F1. Represents the surrender of shares to offset against tax withholding obligations associated with certain shares of restricted stock that vested on March 26, 2026.
- F2. Includes the following shares of restricted stock, which will vest as follows (in each case subject to continuous employment with the Issuer): (i) 4,824 shares, which will vest in three equal annual installments beginning on March 26, 2027; and (ii) 8,269 shares, which will vest subject to the achievement of certain performance goals.
Key Figures
Shares surrendered for tax withholding: 662 shares
Implied share value: $24.27 per share
Shares held after transaction: 14,039 shares
+2 more
5 metrics
Shares surrendered for tax withholding
662 shares
Common stock surrendered on March 26, 2026
Implied share value
$24.27 per share
Value used for tax-withholding disposition
Shares held after transaction
14,039 shares
Direct common stock holdings following disposition
Time-based restricted stock
4,824 shares
Vest in three equal annual installments from March 26, 2027
Performance-based restricted stock
8,269 shares
Vest upon achievement of performance goals
Key Terms
restricted stock, tax withholding obligations, performance goals, vesting, +1 more
5 terms
restricted stock financial
"Represents the surrender of shares to offset against tax withholding obligations associated with certain shares of restricted stock that vested"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax withholding obligations financial
"Represents the surrender of shares to offset against tax withholding obligations associated with certain shares of restricted stock"
performance goals financial
"8,269 shares, which will vest subject to the achievement of certain performance goals"
Performance goals are specific, measurable targets a company sets for financial results, operational milestones, or individual roles—examples include revenue, profit, production levels, or completion of a project. They matter to investors because meeting or missing these targets influences management pay, future forecasts, deal-related payments and market confidence; think of them as a scoreboard that helps outsiders judge whether the business is performing as promised.
vesting financial
"restricted stock, which will vest as follows (in each case subject to continuous employment"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Astrana Health (ASTH) report for Glenn Sobotka?
Astrana Health reported that Chief Accounting Officer Glenn Sobotka surrendered 662 shares of common stock to cover tax withholding obligations on vested restricted stock. This was a non-market, tax-related disposition rather than an open-market sale or purchase of shares.
Is the Astrana Health (ASTH) CAO transaction an open-market sale?
No. The transaction is classified as a tax-withholding disposition, not an open-market sale. Shares were surrendered back to offset tax obligations arising from restricted stock that vested on March 26, 2026, which is a common administrative mechanism in equity compensation plans.
What future vesting conditions apply to Glenn Sobotka’s Astrana Health (ASTH) restricted stock?
His holdings include 4,824 restricted shares that vest in three equal annual installments starting March 26, 2027, contingent on continued employment, and 8,269 restricted shares that will vest only if certain performance goals are met, aligning compensation with company and individual results.
AI-generated analysis. How Rhea-AI works. Not financial advice.
