Tenet Healthcare (NYSE: THC) CEO details RSU vesting and share withholding
Rhea-AI Filing Summary
Tenet Healthcare Corp reported an insider equity transaction by CEO and director Saumya Sutaria. On December 31, 2025, 13,016 restricted stock units converted into common stock on a one-for-one basis, increasing his directly held stake.
On the same date, 6,610 shares of common stock were withheld to cover taxes at a price of $198.72 per share. After these transactions, Sutaria directly owned 375,089 shares of Tenet common stock and held 39,049 time-based restricted stock units that continue to vest annually through 2028 under a January 23, 2025 grant.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2025 January Restricted Stock Units | 13,016 | $0.00 | -- |
| Exercise | Common Stock | 13,016 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,610 | $198.72 | $1.31M |
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3. Represents the closing price of the common stock of the Issuer on December 31, 2025. The restricted stock units were granted on January 23, 2025, pursuant to the 2019 Stock Incentive Plan, vest equally in 1/4 increments on December 31, 2025, 2026, 2027 and 2028, and the first 1/4 increment vested on December 31, 2025. Time-based restricted stock units are settled in shares of the Company's common stock upon vesting.
FAQ
What insider transaction did Tenet Healthcare (THC) report in this filing?
The filing reports that CEO and director Saumya Sutaria had 13,016 restricted stock units convert into Tenet Healthcare common stock on December 31, 2025, with a portion of the resulting shares withheld to cover taxes.
What is Saumya Sutaria’s role at Tenet Healthcare (THC)?
Saumya Sutaria is reported as both a Director and an Officer of Tenet Healthcare Corp, serving as CEO in this filing.
What restricted stock unit grants are still outstanding for the Tenet Healthcare CEO?
After the December 31, 2025 vesting, Sutaria held 39,049 time-based restricted stock units that are scheduled to settle in Tenet Healthcare common stock upon future vesting dates.
What is the vesting schedule of the January 2025 restricted stock units at Tenet Healthcare (THC)?
The restricted stock units granted on January 23, 2025 under Tenet’s 2019 Stock Incentive Plan vest in four equal annual installments on December 31 of 2025, 2026, 2027 and 2028. The first 1/4 tranche vested on December 31, 2025.