Arbour Paola M 4
Research Summary
AI-generated summary
Tenet Healthcare (THC) CIO Paola Arbour Sells 6,500 Shares
What Happened Paola M. Arbour, EVP and Chief Information Officer of Tenet Healthcare (THC), disposed of 6,500 shares on 2026-03-11 in an open-market sale. The weighted average sale price was $238.43 per share, for aggregate proceeds of approximately $1,549,795. This transaction is a sale (disposition) rather than a purchase.
Key Details
- Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (filed within the typical two-business-day window).
- Price(s): Weighted average $238.43; individual sale prices ranged from $238.40 to $238.68 (sold in multiple trades).
- Shares sold: 6,500; proceeds ≈ $1,549,795.
- Shares owned after the transaction: Not disclosed in the provided excerpt of the filing.
- Footnote: Reporting person will provide, upon request, the number of shares sold at each separate price.
- No notation of a 10b5-1 plan, gift, option exercise, or tax-withholding disposition in the provided details.
Context Sales by executives are common and can occur for many personal or administrative reasons; a single sale does not by itself indicate a change in company fundamentals. For retail investors, purchases typically carry clearer signaling value than routine sales, so consider this trade as a reported insider sale without further context.