Fitzgerald Meghan 4

What Happened

• Meghan Fitzgerald, a director of Tenet Healthcare Corp (THC), converted 1,333 restricted stock units (RSUs) on May 22, 2026. Of those, 493 RSUs were settled for cash at $173.78 per share, generating $85,674, while the remaining ~840 RSUs were delivered to her as common shares. This was a conversion/settlement of awards rather than an open-market buy or sell.

Key Details

• Transaction date: May 22, 2026; Form 4 filed May 26, 2026 (timely filing).
• Conversion: 1,333 RSUs converted (transaction code M = exercise/conversion of derivative).
• Cash settlement: 493 RSUs settled for cash at $173.78 each = $85,674 (Disposition to issuer).
• Shares issued to insider: ~840 shares (63% of 1,333) were issued to Fitzgerald.
• Footnote: F1 — Each RSU equaled one share; the reporting person elected to settle 37% for cash and 63% for shares.
• Shares owned after transaction: not disclosed in the information provided in this summary.

Context

• This was a routine award settlement (RSU conversion) with a partial cash/partial-share settlement (net or “sell-to-cover” style) for taxes or withholding. Such settlements are common and generally reflect award vesting/tax withholding rather than a direct market sale by the insider.