Sim Brandon 4
4 · Astrana Health, Inc. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Astrana Health (ASTH) CEO Sim Brandon Exercises Options
What Happened
- Sim Brandon, CEO and President of Astrana Health (ASTH), exercised stock options on February 2, 2026 to acquire 21,334 shares at an exercise price of $23.24 per share, for a total cash outlay of $495,802. The filing also reports the corresponding conversion/disposition of the derivative instrument tied to those options (reported at $0.00), which reflects the option-to-share conversion.
Key Details
- Transaction date: 2026-02-02.
- Transaction codes: M = option exercise (acquired 21,334 shares @ $23.24, $495,802); matching derivative disposition reported @ $0.00.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Timeliness: Filed 2026-02-03 for a 2026-02-02 transaction — appears timely (not reported late).
- Notable footnotes:
- F5: The exercised options were fully vested and exercisable.
- F1 & F2: Some reported securities are held in family/irrevocable trusts; Brandon Sim disclaims beneficial ownership except to the extent of pecuniary interest.
- F3: The filing lists substantial unvested restricted stock and restricted stock units with vesting schedules (e.g., 29,919 shares vest 6/27/2026; multiple RSU tranches totaling over 200,000 units vesting semi‑annually beginning March–April 2026).
- F4: Includes 1,420 shares from the employee stock purchase plan.
Context
- This was an option exercise to acquire shares (a purchase by the insider), not an immediate sale — not a cashless sell‑to‑cover in the reported lines. The separate zero‑dollar derivative disposition entry reflects conversion of the option instrument into common shares as part of the exercise. Per the footnotes, many holdings are held in trusts and he disclaims beneficial ownership beyond pecuniary interest; several significant equity awards remain unvested under set schedules.
Insider Transaction Report
Form 4
Sim Brandon
CEO and President
Transactions
- Exercise/Conversion
Common Stock
[F3][F4]2026-02-02$23.24/sh+21,334$495,802→ 1,045,329 total - Exercise/Conversion
Stock Option (right to buy)
[F5]2026-02-02−21,334→ 0 totalExercise: $23.24Exp: 2026-02-02→ Common Stock (21,334 underlying)
Holdings
- 258,824(indirect: By Trust)
Common Stock
[F1] - 392,816(indirect: By Trust)
Common Stock
[F2]
Footnotes (5)
- [F1]These securities are held by the Sim Family Irrevocable Trust 2021. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F2]These securities are held by the Brandon Sim 2020 Irrevocable Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F3]Includes the following shares of unvested restricted stock, which will vest as follows (in each case subject to continuous employment with the Issuer): (i) 29,919 shares, which will vest on June 27, 2026; and (ii) 51,309 shares, which will vest in three equal semi-annual installments, beginning March 31, 2026. Also includes the following restricted stock units, which will vest as follows (in each case subject to continuous employment with the Issuer): (i) 75,433 restricted stock units, which will vest in five equal semi-annual installments beginning on April 2, 2026; and (ii) 127,437 restricted stock units, which will vest in seven equal semi-annual installments beginning on March 5, 2026.
- [F4]Includes 1,420 shares acquired under the Issuer's Employee Stock Purchase Plan.
- [F5]These stock options were fully vested and exercisable.
Signature
/s/ Kathy Diep, as Attorney-in-Fact|2026-02-03