4Filed Sep 13, 8:00 PM ET

Tenet Healthcare (THC) Director Mark Richard J Sells 10,000 Shares

$THC · TENET HEALTHCARE CORP

Research Summary

AI-generated summary of this SEC filing

Updated

Tenet Healthcare (THC) Director Mark Richard J Sells 10,000 Shares

What Happened
Mark Richard J, a director of Tenet Healthcare Corporation (THC), sold 10,000 shares in an open-market transaction on September 10, 2026. The weighted-average price reported was $263.42 per share, for total proceeds of approximately $2,634,200. This was a sale (not a purchase or option exercise); Form 4 does not state the insider’s reason for the sale.

Key Details

  • Transaction date: 2026-09-10 (reported on Form 4 filed 2026-09-14). Filing was made within the normal two-business-day reporting window.
  • Transaction type/code: Open-market sale (Code S).
  • Price: weighted-average $263.42 per share; sales occurred at prices ranging from $263.15 to $264.03 (see footnote).
  • Total value: ~$2,634,200.
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.
  • Footnote: The reported price is a weighted average across multiple trades; the filer will provide detailed per-trade quantities/prices upon request.

Context
Sales by directors are common and can reflect routine portfolio-management or other personal reasons; the Form 4 reports the transaction but does not provide motive. For retail investors, purchases often carry clearer signals about insider conviction than individual sales, which can be for many non-fundamental reasons.