Foster Jon M 4
Research Summary
AI-generated summary
HCA Healthcare (HCA) EVP Jon Foster Receives Award; Sells Shares for Taxes
What Happened
- Jon M. Foster, EVP and COO of HCA Healthcare, was credited with 15,696 shares on 2026-02-10 as an award/vesting (code A). On the same date 5,888 shares were disposed/withheld to cover tax liability (code F) at $502.05 per share, generating $2,956,070.
- The award represents the vesting of performance share units; the disposition was a tax-withholding event rather than an open-market sale.
Key Details
- Transaction date: 2026-02-10; Award (A): 15,696 shares @ $0.00 (grant/vesting). Tax withholding (F): 5,888 shares disposed @ $502.05 = $2,956,070.
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: The 15,696 shares came from 7,848 performance share units granted on 2023-01-30 that vested at 200% based on cumulative EPS performance for fiscal years 2023–2025 (i.e., 2× the original units).
- Filing: Form 4 was filed 2026-02-12 for a 2026-02-10 transaction (filed within the usual SEC two-business-day window).
Context
- This was a performance-based vesting event (acquisition of shares) combined with a routine tax-withholding disposition; the withheld shares were surrendered to satisfy tax obligations rather than a discretionary market sale.
- Awards reflect pay tied to company performance (here, cumulative EPS targets were met at a level that doubled the original PSU grant). As always, holdings/transactions by insiders are factual signals but should be considered along with broader research.