Tenet Healthcare (THC) director sells 5,638 shares, retains 16,804
Rhea-AI Filing Summary
Tenet Healthcare director J. Robert Kerrey reported open-market sales of company common stock. On May 28, 2026, he sold a total of 5,638 shares in multiple transactions at weighted average prices within ranges from $172.63 to $178.08 per share, as detailed in the footnotes. After these sales, he directly owns 16,804 shares of Tenet Healthcare common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,638 shares
Net Sell
5 txns
Insider
KERREY J ROBERT
Role
Director
Sold
5,638 shs ($984K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,969 | $173.12 | $341K |
| Sale | Common Stock | 1,690 | $173.97 | $294K |
| Sale | Common Stock | 713 | $175.13 | $125K |
| Sale | Common Stock | 905 | $176.89 | $160K |
| Sale | Common Stock | 361 | $177.52 | $64K |
Holdings After Transaction:
Common Stock — 16,804 shares (Direct)
Footnotes (5)
- F1. 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 $172.63 to $173.60.
- F2. 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 $173.69 to $174.37.
- F3. 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 $174.92 to $175.69.
- F4. 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 $176.21 to $177.20.
- F5. 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 $177.25 to $178.08.
Key Figures
Shares sold: 5,638 shares
Post-sale holdings: 16,804 shares
Highest reported sale price: $178.08 per share
+2 more
5 metrics
Shares sold
5,638 shares
Total common stock sold on May 28, 2026
Post-sale holdings
16,804 shares
Common stock directly owned after transactions
Highest reported sale price
$178.08 per share
Upper end of disclosed price ranges
Lowest reported sale price
$172.63 per share
Lower end of disclosed price ranges
Number of sale transactions
5 transactions
Open-market sales of common stock
Key Terms
open-market sale, weighted average sales price, Form 4, Common Stock, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for each common stock transaction"
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.
weighted average sales price financial
"The price is the weighted average sales price of the aggregate number of shares..."
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
beneficially owned financial
"total_shares_following_transaction" ... total shares beneficially owned following the transaction"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Tenet Healthcare (THC) disclose for J. Robert Kerrey?
Tenet Healthcare disclosed that director J. Robert Kerrey sold 5,638 shares of common stock in open-market transactions on May 28, 2026. These trades were reported on Form 4 and involved multiple price ranges as described in the filing footnotes.
Were the Tenet Healthcare (THC) insider trades open-market sales or another type of transaction?
All reported transactions were open-market sales of Tenet Healthcare common stock. The Form 4 lists transaction code “S” and describes each as a sale in the open market or a private transaction, with no derivative exercises or gifts reported.
Did the Tenet Healthcare (THC) Form 4 include any derivative securities transactions?
The Form 4 shows no derivative securities transactions for this reporting period. All five entries involve non-derivative common stock, and the derivativeSummary section is empty, indicating no option exercises, conversions, or other derivative activity were reported.