Tenet director sells 10,000 shares at $263.42
Rhea-AI Filing Summary
Tenet Healthcare Corp (THC) director Richard J. Mark reported selling 10,000 shares of common stock on September 10, 2026 in an open-market transaction at a weighted average price of $263.42 per share, with individual trade prices ranging from $263.15 to $264.03. After this sale, he directly holds 25,121 shares of Tenet Healthcare common stock. No Rule 10b5-1 trading plan is indicated for this transaction.
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Insights
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Insider Trade Summary
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
MARK RICHARD J
Role
Director
Sold
10,000 shs ($2.63M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 10,000 | $263.42 | $2.63M |
Holdings After Transaction:
Common Stock — 25,121 shares (Direct)
Footnotes (1)
- 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 $263.15 to $264.03. The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $263.42 per share
Sale price range: $263.15–$264.03 per share
+2 more
5 metrics
Shares sold
10,000 shares
Common stock sale reported for September 10, 2026
Weighted average sale price
$263.42 per share
Average price across multiple sale transactions on September 10, 2026
Sale price range
$263.15–$264.03 per share
Range of prices for the multiple sale transactions
Shares held after transaction
25,121 shares
Direct ownership following the reported sale
Net shares sold
10,000 shares
Net selling activity in this Form 4
Key Terms
weighted average sales price, open market, Rule 10b5-1
3 terms
weighted average sales price financial
"The price is the weighted average sales price of the aggregate number"
open market financial
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
Rule 10b5-1 regulatory
"the staff of the Securities and Exchange Commission, upon request, full information"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did THC director Richard J. Mark report?
He reported a sale of 10,000 shares of Tenet Healthcare common stock on September 10, 2026 in an open-market transaction at a weighted average price of $263.42 per share, with prices ranging from $263.15 to $264.03.
Was Richard J. Mark’s THC stock sale under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported for this Tenet Healthcare stock sale.
What type of security did Richard J. Mark trade in this THC Form 4?
The transaction involved Tenet Healthcare common stock. No derivative securities are reported in this Form 4; the filing shows one non-derivative sale of 10,000 common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.