Tenet Healthcare (THC) accounting officer reports 8,017-share stock sale
Rhea-AI Filing Summary
Tenet Healthcare principal accounting officer Scott R. Ramsey reported multiple stock transactions. On March 2, 2026, he completed open-market sales totaling 8,017 shares of common stock at weighted average prices of about $230.98, $233.21, and $233.69, leaving 5,892 shares owned directly. Earlier, on February 27, 2026, restricted stock units from 2023 and 2024 grants converted one-for-one into common shares, and several transactions labeled as tax-withholding dispositions satisfied taxes due on these vestings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
10 txns
Insider
Ramsey R. Scott
Role
Principal Accounting Officer
Sold
8,017 shs ($1.87M)
Approx. gross sale proceeds
$1.87M
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,125 | $230.98 | $491K |
| Sale | Common Stock | 4,494 | $233.21 | $1.05M |
| Sale | Common Stock | 1,398 | $233.69 | $327K |
| Exercise | 2024 February Restricted Stock Units | 934 | $0.00 | $0.00 |
| Exercise | 2023 March Restricted Stock Units | 1,400 | $0.00 | $0.00 |
| Exercise | Common Stock | 934 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,400 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 175 | $237.58 | $42K |
| Exercise Price or Tax Liability | Common Stock | 919 | $239.39 | $220K |
| Exercise Price or Tax Liability | Common Stock | 3,114 | $239.39 | $745K |
Holdings After Transaction:
2024 February Restricted Stock Units — 935 shares (Direct);
2023 March Restricted Stock Units — 0 shares (Direct);
Common Stock — 0 shares (Direct)
Footnotes (12)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of performance share units.
- F3. Represents the closing price of the common stock of the Issuer on the vesting date for the award.
- F4. Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3.
- F5. Represents the closing price of the common stock of the Issuer on February 27, 2026.
- F6. The restricted stock units were granted pursuant to the 2019 Stock Incentive Plan on February 28, 2024, vest equally in 1/3 increments on the first, second and third anniversaries of the grant date, and the second 1/3 increment vested on February 27, 2026 (the business day prior to February 28, 2026, which fell on a weekend).
- F7. Time-based restricted stock units are settled in shares of the Company's common stock upon vesting.
- F8. The restricted stock units were granted pursuant to the 2019 Stock Incentive Plan on March 1, 2023, vest equally in 1/3 increments on the first, second and third anniversaries of the grant date, and the third 1/3 increment vested on February 27, 2026 (the business day prior to March 1, 2026, which fell on a weekend).
- F9. The price is the weighted average sales price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $230.78 to $231.68.
- F10. The price is the weighted average sales price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $232.52 to $233.32.
- F11. The price is the weighted average sales price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $233.60 to $234.28.
- F12. The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
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FAQ
What insider stock transactions did Tenet Healthcare (THC) report for Scott R. Ramsey?
Tenet Healthcare reported that principal accounting officer Scott R. Ramsey sold 8,017 shares of common stock and also had restricted stock units vest and convert into shares, with some of those shares withheld to cover tax obligations related to the vesting events.
What happened to Scott R. Ramsey’s Tenet Healthcare restricted stock units?
Restricted stock units granted in March 2023 and February 2024 converted into Tenet Healthcare common stock on a one-for-one basis upon vesting on February 27, 2026, consistent with the company’s 2019 Stock Incentive Plan terms described in the footnotes.
What do the price range footnotes mean in the Tenet Healthcare (THC) Form 4?
The footnotes explain that reported sale prices are weighted averages for multiple trades, with detailed prices ranging within specified bands. Scott R. Ramsey offers to provide exact share counts at each separate price to the company, shareholders, or SEC staff upon request.