Tenet Healthcare COO Disposes of $6.39M in Common Stock
TENET HEALTHCARE CORP
Subscribe to track THC
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
🚨 Insider Sale Alert: Tenet Healthcare Corp ($THC)
Insider: Lisa Y. Foo (EVP, Chief Operating Officer) Transaction Date: 2026-08-31 Shares Sold: 24,000 shares @ ~$266.32 Total Value: $6,391,680.00 Shares Remaining: 8,053 direct shares Filing Date: 2026-09-01 Notes: Sold via open market transaction, reducing direct stake by ~75%. No Rule 10b5-1 plan indicated.
Comprehensive Analysis
Insider Trading Analysis: Tenet Healthcare Corp ($THC)
Executive Summary
On August 31, 2026, Lisa Y. Foo, Executive Vice President and Chief Operating Officer of Tenet Healthcare Corp, sold 24,000 shares of common stock at a weighted average price of $266.32, totaling approximately $6.39 million.
Transaction Details
- Security: Common Stock
- Transaction Code: S (Open Market Sale)
- Shares Sold: 24,000
- Price Range: $266.02 – $266.95 (Weighted Average: $266.32)
- Gross Proceeds: $6,391,680.00
- Direct Holdings Post-Transaction: 8,053 shares
- Percentage Reduction: Approximately 74.9% of prior direct holdings (reduced from 32,053 shares to 8,053 shares)
Key Takeaways & Significance
- Significance Level: High. The COO disposed of nearly three-quarters of direct equity holdings in a single session.
- Trading Plan: The filing indicates
aff10b5Oneisfalse, showing this transaction was not flagged as executed under a pre-established Rule 10b5-1 trading plan. - Market Impact: Large, discretionary insider sales by C-suite executives often attract scrutiny regarding valuation and executive sentiment.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is AI-generated from public SEC filings and may contain errors. It is for informational and educational purposes only and is not investment, legal, or tax advice.
The Filing Fool is not a registered investment adviser, broker-dealer, or financial planner. Nothing here is a recommendation or solicitation to buy, sell, or hold any security.
Always do your own due diligence and consult a licensed professional.