Tenet insider gifts 150 shares to charity
Rhea-AI Filing Summary
TENET HEALTHCARE CORP (THC) director Cecil D. Haney reported a charitable transfer of company stock. On 2026-08-28, he made a bona fide gift of 150 shares of Tenet Healthcare common stock, with no sale proceeds received, to a charitable donor advised fund. Following this transaction, he directly holds 12,403 shares of Tenet Healthcare common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 150 shares
Net Sell
1 txn
Insider
HANEY CECIL D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 150 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 12,403 shares (Direct)
Footnotes (1)
- F1. Represents shares donated by the Reporting Person to a charitable donor advised fund.
Key Figures
Shares gifted: 150 shares
Transaction price per share: $0.0000
Shares owned after transaction: 12,403 shares
+1 more
4 metrics
Shares gifted
150 shares
Bona fide gift of Tenet Healthcare common stock on 2026-08-28
Transaction price per share
$0.0000
Reported price for the gifted shares
Shares owned after transaction
12,403 shares
Direct ownership by Cecil D. Haney following the gift
Gift shares per transactionSummary
150 shares
GiftShares in transactionSummary for this Form 4
Key Terms
bona fide gift, donor advised fund, transaction price per share
3 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
donor advised fund financial
"shares donated by the Reporting Person to a charitable donor advised fund"
A donor advised fund is a charitable savings account you fund with cash or assets (including stocks) that lets you take an immediate tax benefit while recommending when and which charities receive grants over time. Think of it like a dedicated piggy bank for giving: you get tax relief when you put money in, can avoid selling appreciated securities and triggering capital gains, and still control the timing and recipients of donations, which affects tax planning, portfolio decisions, and public giving signals.
FAQ
What transaction did Cecil D. Haney report in this Form 4 for THC?
He reported a bona fide gift of 150 shares of Tenet Healthcare common stock on 2026-08-28 to a charitable donor advised fund, with no sale proceeds received.
What is Cecil D. Haney’s direct ownership in THC after this gift?
After the reported gift, Cecil D. Haney directly owns 12,403 shares of Tenet Healthcare common stock.
Was the THC Form 4 transaction a market sale or purchase?
No. The Form 4 reports a bona fide gift of 150 Tenet Healthcare shares, not a market sale or purchase, and the transaction price per share is reported as $0.0000.
AI-generated analysis. How Rhea-AI works. Not financial advice.