Arbour Paola M 4

What Happened
Paola M. Arbour, EVP and Chief Information Officer of Tenet Healthcare Corporation (THC), was reported as acquiring 18,894 shares on 2026-02-13 through an award/grant (transaction code A). The Form 4 shows an acquisition price of $0.00 (common for performance-based restricted stock that vests when targets are met); the filing does not state a cash value or market value at the time of vesting.

Key Details

• Transaction date: 2026-02-13; Form 4 filed: 2026-02-17 (period of report 2026-02-13).
• Reported acquisition: 18,894 shares at $0.00 (code A — award/grant).
• Shares owned after the transaction: not specified in the filing.
• Footnote: the shares are performance-based restricted stock earned when the Human Resources Committee certified achievement of performance targets for the period Jan 1, 2023 – Dec 31, 2025.
• No 10b5-1 plan, tax-withholding, or sale/transfer details were disclosed in this Form 4.
• Filing timing: filed four days after the transaction date; the filing date aligns with the reported period and shows no indication of a late filing in the document.

Context
This was an earned compensation award (performance-based RSUs) rather than an open-market purchase or sale. The $0.00 acquisition amount reflects how the award is reported on Form 4s and is not the same as the market value of the shares at vesting. Performance-based awards are common executive compensation and do not by themselves indicate an insider buying or selling shares in the market.