Tenet Healthcare COO Disposes of $6.39M in Common Stock

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 aff10b5One is false, 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.