Tenet director sells 3,000 shares, awarded RSUs
TENET HEALTHCARE CORP director Nadja West reported mixed insider activity.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
TENET HEALTHCARE CORP director Nadja West reported mixed insider activity. She completed an open-market sale of 3,000 shares of Common Stock at $177.35 per share and now directly holds 24,805 shares. She was also granted 1,188 restricted stock units that vest on the first anniversary of the grant, each equivalent to one common share, with an option to receive up to 37% of these units in cash.
Insider Trade Summary
Net Seller: 3,000 shares
Net Sell
2 txns
Insider
West Nadja
Role
Director
Sold
3,000 shs ($532K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2026 May Restricted Stock Units | 1,188 | $0.00 | $0.00 |
| Sale | Common Stock | 3,000 | $177.35 | $532K |
Holdings After Transaction:
2026 May Restricted Stock Units — 1,188 contracts (Direct);
Common Stock — 24,805 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
Shares sold: 3,000 shares
Sale price: $177.35/share
Shares held after sale: 24,805 shares
+2 more
5 metrics
Shares sold
3,000 shares
Open-market sale of common stock
Sale price
$177.35/share
Average price for 3,000 shares sold
Shares held after sale
24,805 shares
Direct common stock ownership post-transaction
RSUs granted
1,188 units
2026 May restricted stock units grant
Cash election limit
Up to 37%
Portion of RSUs that may be taken in cash
Key Terms
restricted stock units, Stock Incentive Plan, open-market sale, grant/award acquisition, +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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
economic equivalent financial
"Each restricted stock unit is the economic equivalent of one share of the Company's common stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Nadja West report at TENET HEALTHCARE CORP (THC)?
Nadja West reported an open-market sale of 3,000 shares of common stock and received a grant of 1,188 restricted stock units. These transactions reflect both a reduction and an increase in her equity-based exposure on the same date.
What are the terms of Nadja West’s 2026 May restricted stock units at THC?
She was granted 1,188 restricted stock units under the company’s Stock Incentive Plan. Each unit equals one common share, vests on the first anniversary of the grant date, and she may elect to receive up to 37% of these units in cash instead of shares.
Do the restricted stock units granted to Nadja West at THC have an exercise price?
The 1,188 restricted stock units were granted with a stated price of $0.00 per unit. They represent the right to receive common stock (or partial cash settlement) upon vesting rather than options requiring a purchase price.
How does the Form 4 classify Nadja West’s transactions in THC stock?
The sale of 3,000 common shares is classified as an open-market sale, a non-derivative transaction. The 1,188 restricted stock units are reported as a derivative grant or award acquisition linked to underlying TENET HEALTHCARE CORP common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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