Lam Thomas S. 4
Research Summary
AI-generated summary
Astrana Health (ASTH) Director Thomas Lam Sells 9,266 Shares
What Happened
- Thomas S. Lam, a director (and CEO/CFO of Allied Physicians of California), surrendered 9,266 shares of Astrana Health stock on March 5, 2026 to satisfy tax withholding obligations. The shares were valued at $25.07 each, totaling $232,299. This transaction is recorded with code F (tax withholding), i.e., shares were disposed to cover taxes rather than sold as an investment decision.
Key Details
- Transaction date: March 5, 2026; filing date: March 9, 2026 (timely).
- Price: $25.07 per share; total proceeds/withholding value: $232,299.
- Transaction code: F — surrender of shares to offset tax withholding for restricted stock that vested on March 5, 2026 (footnote F2).
- Shares owned after the transaction: not specified in the provided report.
- Beneficial ownership note (F1): these shares are held by Allied Physicians of California, a professional medical corporation of which Lam is an officer, director, and stockholder; Lam disclaims beneficial ownership except to the extent of his pecuniary interest.
Context
- This was a routine tax-withholding share surrender (a common cashless method to satisfy tax liabilities when restricted stock vests) and not an open-market sale or purchase signal.
- The filing also discloses remaining unvested restricted stock: 51,667 shares vesting in two equal annual installments beginning March 5, 2027, and 26,667 shares vesting upon achievement of performance goals (footnote F3).