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Insider Trends: HCA Healthcare Insider Converts/Exercises Derivative Security, Sells for Taxes and Self, Buying Trend Remains Intact

· 02/05/2021 18:01

10:52 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, SVP & General Counsel, Robert A Waterman, exercised options/derivative securities for 277,500 shares. A portion of these optioned shares (140,711 shares) were sold for tax obligations and an additional 203,647 shares were sold for $35,523,231. Waterman, subsequent to the transactions delineated in the SEC Form 4 filing, owns 344,099 company shares, which have a market value of $61.7 million as of the prior-day closing price.

During the most recent 90-day period, 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 individual insiders that resulted in a net acquisition of 215,066 company shares. Relative to the preceding 90-day window of time, there were 31 transactions from 11 insiders and resulted in the net acquisition of 396,169 shares.

This is less than the average level of insider transactions in the 54-company Healthcare Facilities & Services peer group over the last 90-day period. Peer group activity averaged 99.8 transactions per company, and disposition of 1,032 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/860730/000120919121008355/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.