Surgery Partners (SGRY) CHRO Danielle Burkhalter Sells Shares

What Happened
Danielle Burkhalter, Chief Human Resources Officer of Surgery Partners, sold 3,469 shares in an open-market transaction on March 13, 2026, at $12.83 per share, generating proceeds of $44,507. This sale was made to satisfy tax-withholding obligations tied to restricted stock that vested on March 4, 2026, rather than a discretionary investment decision.

Key Details

• Transaction date: 2026-03-13; Price: $12.83 per share; Shares sold: 3,469; Total proceeds: $44,507.
• Filing date: 2026-03-16 (Period of report: 2026-03-13). The filing appears to have been submitted shortly after the transaction.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: Sale was to satisfy the reporting person’s tax withholding obligations in connection with restricted stock vesting on March 4, 2026 (Footnote F1).
• Transaction type code: S (sale); not reported under a 10b5-1 plan or as a gift.

Context
Sales made solely to cover tax withholding on vested restricted stock are common and typically routine; they do not necessarily signal a change in the insider’s view of the company. For retail investors, outright purchases or large discretionary sales tend to be more informative than routine withholding sales.