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Insider Trends: Insider at HCA Healthcare Acquires Stock Via Option/Derivative Security Sells Portion to Pay Tax, Buy Trend Intact

· 02/05/2021 18:02

10:52 PM EST, 02/05/2021 (MT Newswires) -- Jonathan B Perlin, Pres-Clinical Operations & Cmo, exercised options/derivative securities for 69,375 shares of HCA Healthcare (HCA) and sold 37,721 shares in the company for $6,763,375 to meet tax obligations on Feb 03, 2021. After accounting for tax obligations this transaction resulted in a net acquisition of 31,654 company shares. Perlin, following the transactions delineated in the Form 4 SEC filing, controls 174,706 shares of company stock of which 54,074 shares are held directly and 120,632 shares are owned indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $31.32 million.

Over the last 90 days, prior to the date of this filing, there have been 19 insider transactions reported to the SEC for HCA Healthcare. These transactions came from the activities of 5 separate insiders that resulted in a net acquisition of 215,066 company shares. This compares with the preceding 90-day window of time where there were 31 transactions from 11 insiders which resulted in the net acquisition of 396,169 shares.

This represents a lower level of transactions than the peer group average in the 54-company Healthcare Facilities & Services peer group over the last 90-day period. Activity in the peer group averaged 99.8 transactions per company, and disposition of 1,032 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/860730/000120919121008350/xslF345X03/doc4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.