KERREY J ROBERT - 22 May 2025 Form 4 Insider Report for TENET HEALTHCARE CORP (THC)

Role
Director
Signature
Chad J. Wiener, as Attorney-in-fact for J. Robert Kerrey
Issuer symbol
THC
Transactions as of
22 May 2025
Net transactions value
-$115,674
Form type
4
Filing time
27 May 2025, 20:00:09 UTC
Previous filing
12 May 2025
Next filing
28 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
KERREY J ROBERT Director 14201 DALLAS PARKWAY, DALLAS Chad J. Wiener, as Attorney-in-fact for J. Robert Kerrey 27 May 2025 0001179100

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THC Common Stock Options Exercise +1,939 +8.7% 24,316 23 May 2025 Direct F1
transaction THC Common Stock Disposed to Issuer $115,674 -717 -2.9% $161.33 23,599 23 May 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction THC Restricted Stock Units Award $0 +1,643 $0.000000 1,643 22 May 2025 Common Stock 1,643 Direct F2
transaction THC Restricted Stock Units Options Exercise -1,939 -100% 0 23 May 2025 Common Stock 1,939 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit was the economic equivalent of one share of Tenet Healthcare Corp (THC) common stock. The reporting person settled 37% of his restricted stock units for cash and 63% for shares of THC common stock.
F2 Represents restricted stock units granted under the Company's Stock Incentive Plan. Each restricted stock unit is the economic equivalent of one share of the Company's common stock. These restricted stock units vest on the first anniversary of the date of grant. The reporting person may elect to receive up to 37% of these restricted stock units in cash in lieu of shares.