Basho Chandan 4
4 · Astrana Health, Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Astrana Health (ASTH) COO/CFO Basho Chandan Surrenders 8,155 Shares
What Happened
Basho Chandan, Astrana Health’s Chief Operating Officer and Chief Financial Officer, surrendered 8,155 shares on May 16, 2026. The shares were disposed at $38.26 each for a total value of $312,010. The Form 4 records the transaction as code "F" — payment of exercise price or tax liability — and the filing indicates the share surrender was to satisfy tax withholding obligations tied to restricted stock that vested the same day.
Key Details
- Transaction date and price: 2026-05-16, 8,155 shares at $38.26 each (total $312,010).
- Transaction code: F (tax withholding / payment of tax liability).
- Shares owned after transaction: Not explicitly stated in the Form 4. The filing does report unvested awards (see footnote).
- Notable footnotes:
- F1: The 8,155-share surrender offset tax withholding on restricted stock that vested on May 16, 2026.
- F2: Reporting includes unvested awards: 15,202 restricted shares vesting May 16, 2027 (subject to employment), plus RSUs of 15,604 (vesting in four equal semi-annual installments beginning Oct 2, 2026) and 20,027 (vesting in six equal semi-annual installments beginning Sep 5, 2026).
- Filing timeliness: Form filed 2026-05-18 for a 2026-05-16 transaction — appears to be timely (filed within the normal Form 4 reporting window).
Context
This was a tax-withholding share surrender tied to vesting restricted stock, not an open-market sale for cash or a purchase. Such surrenders are common when restricted awards vest and do not necessarily indicate a change in insider sentiment. The filing does not indicate a 10b5-1 plan or other sale plan; it simply documents shares surrendered to cover withholding and the remaining unvested award schedule.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-05-16$38.26/sh−8,155$312,010→ 159,610 total
Footnotes (2)
- [F1]Represents the surrender of shares to offset against tax withholding obligations associated with certain shares of restricted stock that vested on May 16, 2026.
- [F2]Includes 15,202 shares of unvested restricted stock which will vest on May 16, 2027 (subject to continuous employment with the Issuer). Also includes the following restricted stock units, which will vest as follows (in each case subject to continuous employment with the Issuer): (i) 15,604 restricted stock units, which will vest in four equal semi-annual installments beginning on October 2, 2026; and (ii) 20,027 restricted stock units, which will vest in six equal semi-annual installments beginning on September 5, 2026.