Tenet director granted 1,188 restricted stock units
HANEY CECIL D reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
HANEY CECIL D reported acquisition or exercise transactions in this Form 4 filing.
Tenet Healthcare director Cecil D. Haney received a grant of 1,188 restricted stock units as equity compensation. The units were granted at no cash cost and are tied to the company’s common stock on a one-for-one basis. These restricted stock units vest on the first anniversary of the grant date, aligning the director’s compensation with long-term performance. After this award, Haney holds 1,188 restricted stock units directly, and may elect to receive up to 37% of them in cash instead of shares at settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,188 shares
Grant/Award
1 txn
Insider
HANEY CECIL D
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 contracts (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: $0.00 per unit
Underlying shares: 1,188 shares
+2 more
5 metrics
RSUs granted
1,188 units
Restricted stock units granted on 2026-05-27
Grant price
$0.00 per unit
Equity award, no cash exercise price
Underlying shares
1,188 shares
Each RSU equals one share of common stock
Cash election limit
Up to 37%
Portion of RSUs that may be settled in cash
Post‑grant RSU holdings
1,188 units
Total restricted stock units after the transaction
Key Terms
restricted stock units, Stock Incentive Plan, economic equivalent, vest
4 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tenet Healthcare (THC) report for Cecil D. Haney?
Tenet Healthcare reported that director Cecil D. Haney received a grant of 1,188 restricted stock units. These units are a form of equity compensation that convert into common stock, helping link his rewards to the company’s long-term share performance.
How many Tenet Healthcare (THC) restricted stock units did Cecil D. Haney receive?
Cecil D. Haney received 1,188 restricted stock units tied to Tenet Healthcare common stock. Each unit represents the economic equivalent of one share, providing potential future ownership without an upfront purchase of stock in the market.
When do Cecil D. Haney’s Tenet Healthcare (THC) restricted stock units vest?
The 1,188 restricted stock units granted to Cecil D. Haney vest on the first anniversary of the grant date. Vesting after one year encourages continued board service and aligns his compensation with the company’s longer-term performance and governance goals.
What is the economic equivalent of each Tenet Healthcare (THC) restricted stock unit granted to Cecil D. Haney?
Each restricted stock unit granted to Cecil D. Haney is the economic equivalent of one share of Tenet Healthcare common stock. This means the value of each unit tracks the underlying share price at the time of settlement after vesting.
Does Cecil D. Haney hold these Tenet Healthcare (THC) restricted stock units directly or indirectly?
Cecil D. Haney holds the 1,188 restricted stock units directly, as indicated by the direct ownership code. Following this grant, his reported derivative holdings consist of these restricted stock units under the company’s Stock Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
