Tenet director plans sale of 10,000 shares
A Rule 144 notice registers director Richard J. Mark’s intent to sell up to 10,000 THC common shares tied to vested equity awards.
Rhea-AI Filing Summary
TENET HEALTHCARE CORP (THC) has a notice of proposed sale under Rule 144 filed on behalf of director Richard J. Mark. The filing covers the potential sale of 10,000 shares of common stock through Fidelity Brokerage Services LLC on the NYSE. Listed share amounts arise from multiple restricted stock vesting compensation awards scheduled between May 2024 and May 2026.
Positive
- None.
Negative
- None.
Key Figures
Shares covered by Form 144: 10,000 shares
Restricted stock vesting May 7, 2024: 664 shares
Restricted stock vesting May 9, 2025: 3,836 shares
+3 more
6 metrics
Shares covered by Form 144
10,000 shares
Proposed sale of TENET HEALTHCARE CORP common stock for account of Richard J. Mark
Restricted stock vesting May 7, 2024
664 shares
Common stock classified as Compensation from Restricted Stock Vesting on May 7, 2024
Restricted stock vesting May 9, 2025
3,836 shares
Common stock classified as Compensation from Restricted Stock Vesting on May 9, 2025
Restricted stock vesting May 23, 2025
978 shares
Common stock classified as Compensation from Restricted Stock Vesting on May 23, 2025
Restricted stock vesting May 22, 2026
840 shares
Common stock classified as Compensation from Restricted Stock Vesting on May 22, 2026
Restricted stock vesting May 26, 2026
3,682 shares
Common stock classified as Compensation from Restricted Stock Vesting on May 26, 2026
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 05/07/2024 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Richard J. Mark"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who is the insider involved in the TENET HEALTHCARE CORP (THC) Form 144?
The filing concerns Richard J. Mark, identified as a director of TENET HEALTHCARE CORP, for whose account the securities may be sold, with the notice signed by a representative of Fidelity Brokerage Services LLC as attorney-in-fact.
What types of equity awards are tied to the THC Form 144 filing?
The filing lists multiple Restricted Stock Vesting entries classified as Compensation in TENET HEALTHCARE CORP common stock, with vesting events dated May 7, 2024; May 9, 2025; May 23, 2025; May 22, 2026; and May 26, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.