Tenet Healthcare (NYSE: THC) awards 1,188 stock units to board member
Rhea-AI Filing Summary
Agarwala Vineeta reported acquisition or exercise transactions in this Form 4 filing.
Tenet Healthcare Corp director Vineeta Agarwala received a grant of 1,188 restricted stock units. These 2026 May Restricted Stock Units were awarded at no cost and are each economically equivalent to one share of Tenet’s common stock.
The units vest on the first anniversary of the grant date, aligning Agarwala’s compensation with the company’s future performance. After this grant, she holds 1,188 restricted stock units directly. She may elect to receive up to 37% of the vested units in cash instead of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Agarwala Vineeta
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2026 May Restricted Stock Units | 1,188 | $0.00 | $0.00 |
Holdings After Transaction:
2026 May Restricted Stock Units — 1,188 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units granted under the Company's Stock Incentive Plan. Each restricted stock unit is the economic equivalent of one share of the Company's common stock. These restricted stock units vest on the first anniversary of the date of grant. The reporting person may elect to receive up to 37% of these restricted stock units in cash in lieu of shares.
Key Figures
RSUs granted: 1,188 units
Grant price per unit: $0.0000 per unit
Post-grant RSU holdings: 1,188 units
+1 more
4 metrics
RSUs granted
1,188 units
2026 May Restricted Stock Units granted to director Vineeta Agarwala
Grant price per unit
$0.0000 per unit
Restricted stock units granted at no cash cost to the director
Post-grant RSU holdings
1,188 units
Total restricted stock units held directly after this grant
Cash election limit
Up to 37%
Portion of vested restricted stock units that may be received in cash
Key Terms
restricted stock units, Stock Incentive Plan, economic equivalent, vest, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units granted under the Company's Stock Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Incentive Plan financial
"Represents restricted stock units granted under the Company's Stock Incentive Plan."
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
economic equivalent financial
"Each restricted stock unit is the economic equivalent of one share of the Company's common stock."
vest financial
"These restricted stock units vest on the first anniversary of the date of grant."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
