4Accepted Sep 8, 4:41 PM ET
Astrana (ASTH) COO/CFO Basho Chandan Surrenders 1,790 Shares
Accepted (ET)
4:41 PM
Sep 8, 2026
Filed
Sep 8, 2026
Documents
1
Size
5.8 KB
Summary
Astrana (ASTH) COO/CFO Basho Chandan Surrenders 1,790 Shares
What Happened
Basho Chandan, Astrana Health's COO and CFO, surrendered 1,790 shares on September 5, 2026 to satisfy tax withholding obligations tied to restricted stock units that vested that day. The shares were valued at $38.47 each, totaling $68,861. This was an administrative tax-withholding disposition (Form 4 code F), not an open‑market sale intended as an investment decision.
Key Details
- Transaction date: September 5, 2026. Filing date: September 8, 2026 (no late filing flag indicated).
- Shares surrendered: 1,790 at $38.47 per share; total value $68,861. (Transaction code F = tax withholding/surrender.)
- Shares owned after the transaction: not specified in the provided filing data.
- Footnote F1: Surrendered shares offset tax withholding for RSUs that vested on Sept 5, 2026.
- Footnote F2: Chandan still holds unvested awards: 15,202 restricted shares vesting May 16, 2027 (continuous employment required); plus RSUs of 15,604 (vesting in four equal semi‑annual installments beginning Oct 2, 2026) and 16,690 (vesting in five equal semi‑annual installments beginning Mar 5, 2027).
Context
This was a routine "sell‑to‑cover" style withholding to meet payroll tax obligations when RSUs vest; such transactions are common and generally administrative rather than indicative of insider sentiment. No options were exercised for immediate open‑market sale in this reported transaction.