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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.

(Neutral)
(Neutral)
Form Type
144

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

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Negative

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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
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.

What does the Form 144 filing for THC disclose about planned share sales?

It discloses an intended sale under Rule 144 for up to 10,000 shares of TENET HEALTHCARE CORP common stock for the account of director Richard J. Mark, with Fidelity Brokerage Services LLC acting as the broker on the NYSE.

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.

How many THC shares are covered by this Rule 144 notice?

The notice covers a proposed sale of 10,000 shares of TENET HEALTHCARE CORP common stock, as listed in the securities information section of the Form 144.

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.

Which broker is handling the proposed THC share sale under Form 144?

The securities information section identifies Fidelity Brokerage Services LLC as the broker handling the proposed sale of TENET HEALTHCARE CORP common stock, with trading expected on the NYSE.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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