Tenet Healthcare (NYSE: THC) holder plans new sale after $13.9M trade
Rhea-AI Filing Summary
Tenet Healthcare Corp (THC) is named as the issuer in a notice that Saumya S. Sutaria intends to sell common stock under Rule 144. The filing indicates a planned sale of 50,000 common shares of Tenet Healthcare through Fidelity Brokerage Services LLC on the NYSE around 08/25/2026. The shares to be sold are linked to restricted stock vesting awards received from the issuer as compensation, including 47,162 shares vesting on 02/23/2025 and 2,838 shares vesting on 03/01/2024. The notice also reports a prior sale during the past three months of 50,000 common shares on 08/24/2026.
Positive
- None.
Negative
- None.
Key Figures
Planned shares to be sold: 50,000 shares
Shares sold in past 3 months: 50,000 shares
Aggregate value of past sale: 13935240.26
+2 more
5 metrics
Planned shares to be sold
50,000 shares
Common stock sale through Fidelity Brokerage Services LLC, approximate date 08/25/2026
Shares sold in past 3 months
50,000 shares
Common stock sale on 08/24/2026 reported under Securities Sold During The Past 3 Months
Aggregate value of past sale
13935240.26
Aggregate transaction amount for 50,000 shares sold on 08/24/2026
Restricted stock vesting award
47,162 shares
Restricted stock vesting on 02/23/2025 from issuer as compensation
Restricted stock vesting award
2,838 shares
Restricted stock vesting on 03/01/2024 from issuer as compensation
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 | 02/23/2025 | 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 Saumya S. Sutaria"
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
What does the Form 144 filing disclose for Tenet Healthcare Corp (THC)?
It discloses that Saumya S. Sutaria has filed a notice of intent to sell 50,000 shares of Tenet Healthcare common stock under Rule 144 through Fidelity Brokerage Services LLC, with an approximate sale date of 08/25/2026 on the NYSE.
AI-generated analysis. How Rhea-AI works. Not financial advice.