Tenet Healthcare (THC) EVP & CIO Paola Arbour Sells 10,878 Shares
$THC · TENET HEALTHCARE CORPResearch Summary
AI-generated summary of this SEC filing
Tenet Healthcare (THC) EVP & CIO Paola Arbour Sells 10,878 Shares
What Happened
Paola M. Arbour, EVP and Chief Information Officer of Tenet Healthcare Corporation (THC), sold 10,878 shares in an open-market transaction on July 27, 2026. The weighted average sale price was $243.90 per share, producing aggregate proceeds of approximately $2,653,144. This was a sale (disposition) of common stock rather than a purchase or option exercise.
Key Details
- Transaction date: 2026-07-27; Form 4 filed: 2026-07-28 (appears timely).
- Transaction type: Open-market sale (Code S).
- Shares sold: 10,878 at a weighted average price of $243.90; total proceeds ≈ $2,653,144.
- Price range: Shares were sold in multiple transactions at prices from $243.82 to $244.08 (per footnote). The reporting person offers to provide a breakdown of the number of shares sold at each separate price upon request.
- Shares owned after the transaction: Not specified in the provided excerpt.
- No 10b5-1 plan, tax withholding, gift, or option-exercise details were disclosed in the provided filing excerpt.
Context
This filing reports a straightforward open-market sale. Sales by insiders can reflect routine portfolio management or other personal reasons; the filing itself does not state a motive. Purchases generally carry more informational weight for retail investors, while single sales like this are common and not necessarily a signal about the company’s prospects.