Tenet (THC) officer discloses new stock sale after July trade
Rhea-AI Filing Summary
TENET HEALTHCARE CORP (THC) received a Rule 144 notice from officer Lisa Foo for a proposed sale of up to 24,000 shares of common stock through Fidelity Brokerage Services LLC on or about August 31, 2026. The shares, with an aggregate market value of $6,391,579.07, relate to restricted stock vesting as compensation on several dates in 2025 and 2026. The notice also reports that Foo sold 10,000 shares on July 29, 2026 for $2,580,295.03, and that 80,519,000 shares of Tenet common stock are outstanding.
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Negative
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Key Figures
Shares to be sold: 24,000 shares of common stock
Aggregate market value of proposed sale: $6,391,579.07
Shares outstanding: 80,519,000 shares of common stock
+5 more
8 metrics
Shares to be sold
24,000 shares of common stock
Proposed sale under Rule 144 through Fidelity Brokerage Services LLC
Aggregate market value of proposed sale
$6,391,579.07
Value of 24,000 Tenet Healthcare common shares covered by the notice
Shares outstanding
80,519,000 shares of common stock
Tenet Healthcare common shares outstanding as referenced in the notice
Prior shares sold
10,000 shares of common stock
Shares sold on July 29, 2026 during the past three months
Proceeds from prior sale
$2,580,295.03
Value of 10,000 shares sold on July 29, 2026
Restricted stock vesting 02/23/2025
8,732 shares
Restricted stock vesting from issuer as compensation on February 23, 2025
Restricted stock vesting 02/27/2026
4,877 shares
Restricted stock vesting from issuer as compensation on February 27, 2026
Restricted stock vesting 02/28/2026
4,337 shares
Restricted stock vesting from issuer as compensation on February 28, 2026
Key Terms
Rule 144, restricted stock, aggregate market value, attorney-in-fact
4 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 financial
"Common | 02/23/2025 | Restricted Stock Vesting | Issuer"
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.
aggregate market value financial
"Common | Fidelity Brokerage Services LLC ... | 24000 | 6391579.07"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
attorney-in-fact regulatory
"as attorney-in-fact for Lisa Foo"
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 Tenet Healthcare (THC) officer Lisa Foo disclose in this Form 144?
She gives notice under Rule 144 of a proposed sale of up to 24,000 shares of Tenet Healthcare common stock through Fidelity Brokerage Services, with an aggregate market value of $6,391,579.07, based on restricted stock vesting as compensation.
What prior sale does the Tenet Healthcare (THC) Form 144 report for Lisa Foo?
The notice reports that Lisa Foo sold 10,000 shares of Tenet Healthcare common stock on July 29, 2026 for proceeds of $2,580,295.03 during the preceding three months.
AI-generated analysis. How Rhea-AI works. Not financial advice.