Tenet Healthcare (NYSE: THC) officer awarded 9,448 performance-based shares
Rhea-AI Filing Summary
Tenet Healthcare’s principal accounting officer, Ramsey R. Scott, received an equity award. On the reported date, he acquired 9,448 shares of Tenet Healthcare common stock as a grant of performance-based restricted stock at a price of $0 per share.
Following this grant, his directly held common stock totaled 9,448 shares. The award was earned when the company’s Human Resources Committee certified that performance targets were achieved for the performance period from January 1, 2023 to December 31, 2025, based on the extent to which the applicable performance goals were attained.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 9,448 shares
Net Buy
1 txn
Insider
Ramsey R. Scott
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,448 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 9,448 shares (Direct)
Footnotes (1)
- F1. Represents a grant of performance-based restricted stock that was earned on the date the Human Resources Committee of the Company certified the achievement of the applicable performance targets based on the extent to which the applicable performance goals were attained for the performance period of January 1, 2023 to December 31, 2025.
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FAQ
What insider transaction did Tenet Healthcare (THC) report for Ramsey R. Scott?
Tenet Healthcare reported that principal accounting officer Ramsey R. Scott acquired 9,448 shares of common stock through a performance-based restricted stock grant. The shares were granted at $0 per share after performance targets were certified by the company’s Human Resources Committee.
What type of equity award did Tenet Healthcare (THC) grant to Ramsey R. Scott?
Ramsey R. Scott received a grant of performance-based restricted stock totaling 9,448 shares of Tenet Healthcare common stock. The award was earned when the Human Resources Committee certified achievement of performance targets for the performance period from January 1, 2023 to December 31, 2025.
What performance period is tied to Ramsey R. Scott’s Tenet Healthcare (THC) stock grant?
The performance-based restricted stock grant to Ramsey R. Scott is tied to a performance period from January 1, 2023 to December 31, 2025. The shares were earned once the Human Resources Committee certified that the applicable performance goals for this period had been achieved.
Who approved the performance-based stock grant reported for Tenet Healthcare (THC)?
The grant was earned on the date Tenet Healthcare’s Human Resources Committee certified achievement of the applicable performance targets. Their certification, based on the extent the performance goals were attained for the January 1, 2023 to December 31, 2025 period, triggered the award.