Tenet Healthcare director granted 1,188 RSUs
Romo Tammy reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Romo Tammy reported acquisition or exercise transactions in this Form 4 filing.
Tammy Romo, a director of Tenet Healthcare, received a grant of 1,188 restricted stock units under the company’s Stock Incentive Plan. Each unit is the economic equivalent of one common share.
The units vest on the first anniversary of the grant, and she may elect to receive up to 37% of them in cash instead of shares, leaving her reported derivative holdings at 1,188 units.
Insider Trade Summary
Grant/Award: 1,188 shares
Grant/Award
1 txn
Insider
Romo Tammy
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
Underlying common shares: 1,188 shares
Cash election limit: 37% of RSUs
+1 more
4 metrics
RSUs granted
1,188 units
Restricted stock units awarded to director on grant date
Underlying common shares
1,188 shares
Each RSU equals one share of common stock
Cash election limit
37% of RSUs
Portion of units that may be settled in cash instead of shares
Total RSUs after grant
1,188 units
Director’s reported derivative holdings following this 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 did Tenet Healthcare (THC) director Tammy Romo receive in this Form 4?
Tammy Romo received a grant of 1,188 restricted stock units under Tenet Healthcare’s Stock Incentive Plan. Each unit is economically equivalent to one share of common stock, representing equity-based compensation rather than a market purchase of existing shares.
When do Tammy Romo’s newly granted Tenet Healthcare RSUs vest?
The 1,188 restricted stock units granted to Tammy Romo vest on the first anniversary of the grant date. This time-based vesting schedule ties her compensation to continued service as a director over the one-year period following the award.
Can Tammy Romo take part of her Tenet Healthcare RSU grant in cash?
Yes. Tammy Romo may elect to receive up to 37% of the granted restricted stock units in cash instead of shares. The remaining portion, if not elected as cash, would settle in Tenet Healthcare common stock upon vesting.
How many Tenet Healthcare RSUs does Tammy Romo hold after this transaction?
Following this grant, Tammy Romo is reported as holding 1,188 restricted stock units. These units are derivatives tied to Tenet Healthcare common stock and will convert into cash and/or shares according to her election and the plan terms at vesting.
Is Tammy Romo’s Tenet Healthcare Form 4 a stock purchase or a compensation grant?
This Form 4 reflects a compensation grant, not an open-market stock purchase. The 1,188 restricted stock units were awarded under Tenet Healthcare’s Stock Incentive Plan with a zero grant price, consistent with typical director equity compensation practices.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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