Michael R. McAlevey - 13 Feb 2025 Form 4 Insider Report for HCA Healthcare, Inc. (HCA)

Role: EVP & Chief Legal & Admin Off.
Signature: /s/ Kevin A. Ball, Attorney-in-Fact
Issuer symbol: HCA
Transactions as of: 13 Feb 2025
Net transactions value: -$170,940
Form type: 4
Filing time: 18 Feb 2025, 19:39:02 UTC
Previous filing: 30 Jan 2025
Next filing: 05 Nov 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HCA	Common Stock	Award	$0	+2,117	+191%	$0.000000	3,227	13 Feb 2025	Direct	F1
transaction	HCA	Common Stock	Tax liability	$170,940	-531	-16%	$321.92	2,696	13 Feb 2025	Direct
holding	HCA	Common Stock						2,902	13 Feb 2025	By 2024 GRAT
holding	HCA	Common Stock						26	13 Feb 2025	By managed account	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On January 28, 2022, the reporting person was granted 4,080 performance share units. The performance share units were eligible to vest based on achievement of a cumulative earnings per share goal for fiscal years 2022-2024. The number of performance share units that were eligible to vest varied from zero (for actual performance less than 90% of target) to two times the units granted (for actual performance of 110% or more of target). Based upon the Company's achievement with respect to cumulative 2022-2024 earnings per share, the number of performance share units that vested equaled 51.9% of the units granted.
F2	The shares reported herein are held in a fully managed account over which the reporting person does not have any investment authority. The reporting person disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein.

Content

On January 28, 2022, the reporting person was granted 4,080 performance share units. The performance share units were eligible to vest based on achievement of a cumulative earnings per share goal for fiscal years 2022-2024. The number of performance share units that were eligible to vest varied from zero (for actual performance less than 90% of target) to two times the units granted (for actual performance of 110% or more of target). Based upon the Company's achievement with respect to cumulative 2022-2024 earnings per share, the number of performance share units that vested equaled 51.9% of the units granted.

The shares reported herein are held in a fully managed account over which the reporting person does not have any investment authority. The reporting person disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein.