Ramsey R. Scott 4

4 · TENET HEALTHCARE CORP · Filed Mar 3, 2026

Insider Transaction Report

Form 4

Period: 2026-02-27

TENET HEALTHCARE CORPTHC

Ramsey R. Scott

Principal Accounting Officer

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-27+934→ 10,825 total
Exercise/Conversion
Common Stock
[F1]
2026-02-27+1,400→ 12,225 total
Tax Payment
Common Stock
[F2][F3]
2026-02-27$237.58/sh−175$41,577→ 12,050 total
Tax Payment
Common Stock
[F4][F5]
2026-02-27$239.39/sh−919$219,999→ 11,131 total
Tax Payment
Common Stock
[F2][F5]
2026-02-27$239.39/sh−3,114$745,460→ 8,017 total
Sale
Common Stock
[F9][F12]
2026-03-02$230.98/sh−2,125$490,833→ 5,892 total
Sale
Common Stock
[F10][F12]
2026-03-02$233.21/sh−4,494$1,048,046→ 1,398 total
Sale
Common Stock
[F11][F12]
2026-03-02$233.69/sh−1,398$326,699→ 0 total
Exercise/Conversion
2024 February Restricted Stock Units
[F6][F7]
2026-02-27−934→ 935 total
→ Common Stock (934 underlying)
Exercise/Conversion
2023 March Restricted Stock Units
[F8][F7]
2026-02-27−1,400→ 0 total
→ Common Stock (1,400 underlying)

Footnotes (12)

[F1]Restricted stock units convert into common stock on a one-for-one basis.
[F10]The price is the weighted average sales price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $232.52 to $233.32.
[F11]The price is the weighted average sales price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $233.60 to $234.28.
[F12]The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
[F2]Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of performance share units.
[F3]Represents the closing price of the common stock of the Issuer on the vesting date for the award.
[F4]Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3.
[F5]Represents the closing price of the common stock of the Issuer on February 27, 2026.
[F6]The restricted stock units were granted pursuant to the 2019 Stock Incentive Plan on February 28, 2024, vest equally in 1/3 increments on the first, second and third anniversaries of the grant date, and the second 1/3 increment vested on February 27, 2026 (the business day prior to February 28, 2026, which fell on a weekend).
[F7]Time-based restricted stock units are settled in shares of the Company's common stock upon vesting.
[F8]The restricted stock units were granted pursuant to the 2019 Stock Incentive Plan on March 1, 2023, vest equally in 1/3 increments on the first, second and third anniversaries of the grant date, and the third 1/3 increment vested on February 27, 2026 (the business day prior to March 1, 2026, which fell on a weekend).
[F9]The price is the weighted average sales price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $230.78 to $231.68.

Signature

Chad J. Wiener, as Attorney-in-fact for R. Scott Ramsey|2026-03-03

Documents

1 file

4
ownership.xmlPrimary
4