Health Catalyst (HCAT) CFO sells 26,970 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Health Catalyst, Inc. Chief Financial Officer Jason Alger disposed of 26,970 shares of common stock at an average price of $1.6599 per share. The shares were sold automatically to cover tax withholding on vested restricted stock units under the company’s equity plans, not as a discretionary trade. After this tax-withholding sale, he holds 741,644 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Alger Jason
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 26,970 | $1.6599 | $45K |
Holdings After Transaction:
Common Stock — 741,644 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Health Catalyst (HCAT) report for Jason Alger?
Health Catalyst reported that CFO Jason Alger disposed of 26,970 common shares. The transaction was a mandated sale-to-cover to satisfy tax withholding obligations on vested restricted stock units under the company’s equity incentive plans, rather than a discretionary open-market trade.
Does the Health Catalyst (HCAT) Form 4 indicate an open-market sale by the CFO?
The Form 4 does not show a discretionary open-market sale. Instead, it records a mandatory sale-to-cover transaction, where 26,970 shares were automatically sold to satisfy tax withholding obligations connected to the vesting of restricted stock units awarded to the Chief Financial Officer.