R. Scott Ramsey - Feb 28, 2025 Form 4 Insider Report for TENET HEALTHCARE CORP (THC)

Role
Principal Accounting Officer
Signature
Chad J. Wiener, as Attorney-in-fact for R. Scott Ramsey
Stock symbol
THC
Transactions as of
Feb 28, 2025
Transactions value $
-$109,500
Form type
4
Date filed
3/4/2025, 07:00 PM
Previous filing
Feb 26, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THC Common Stock Options Exercise +934 +7.88% 12.8K Feb 28, 2025 Direct F1
transaction THC Common Stock Options Exercise +1.4K +10.95% 14.2K Feb 28, 2025 Direct F1
transaction THC Common Stock Tax liability -$110K -865 -6.1% $126.59 13.3K Mar 3, 2025 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction THC 2024 February Restricted Stock Units Options Exercise $0 -934 -33.32% $0.00 1.87K Feb 28, 2025 Common Stock 934 Direct F4, F5
transaction THC 2023 March Restricted Stock Units Options Exercise $0 -1.4K -50% $0.00 1.4K Feb 28, 2025 Common Stock 1.4K Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3.
F3 Represents the closing price of the common stock of the Issuer on February 28, 2025.
F4 The restricted stock units were granted pursuant to the 2019 Stock Incentive Plan on February 28, 2024, vest equally in 1/3 increments on the first, second and third anniversaries of the grant date, and the first 1/3 increment vested on February 28, 2025.
F5 Time-based restricted stock units are settled in shares of the Company's common stock upon vesting.
F6 The restricted stock units were granted pursuant to the 2019 Stock Incentive Plan on March 1, 2023, vest equally in 1/3 increments on the first, second and third anniversaries of the grant date, and the second 1/3 increment vested on February 28, 2025 (the business day prior to March 1, 2025, which fell on a weekend).