William R. Frist - 06 Feb 2026 Form 4 Insider Report for HCA Healthcare, Inc. (HCA)

Signature
/s/ Rawls Butler, Attorney-in-Fact
Issuer symbol
HCA
Transactions as of
06 Feb 2026
Net transactions value
$0
Form type
4
Filing time
10 Feb 2026, 20:05:31 UTC
Previous filing
01 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Frist William R Director, 10%+ Owner 3100 WEST END AVENUE, NASHVILLE /s/ Rawls Butler, Attorney-in-Fact 10 Feb 2026 0001433377

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCA Common Stock, par value $0.01 per share Other -36,629,188 -100% 0 06 Feb 2026 By Frisco Holding II F1
transaction HCA Common Stock, par value $0.01 per share Other +36,557,141 36,557,141 06 Feb 2026 By Frisco Holding II F1, F2
holding HCA Common Stock, par value $0.01 per share 12,931 06 Feb 2026 Direct F3
holding HCA Common Stock, par value $0.01 per share 32,282,889 06 Feb 2026 By Hercules Holding II F4
holding HCA Common Stock, par value $0.01 per share 1,416 06 Feb 2026 By spouse and children
holding HCA Common Stock, par value $0.01 per share 340,852 06 Feb 2026 By trusts F5
holding HCA Common Stock, par value $0.01 per share 60,678 06 Feb 2026 By family partnerships F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 6, 2026, Frisco Holding II ("Frisco") disposed of 36,629,188 shares of Common Stock, par value $0.01 per share ("Shares"), of HCA Healthcare, Inc. (the "Issuer"), in exchange for 36,557,141 Shares newly issued by the Issuer to Frisco, in each case, in a transaction exempt from the registration requirements of the Securities Act of 1933 and from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3 thereunder. These transactions, together with the conversion of Frisco to an entity taxable as a partnership for U.S. federal income tax purposes, constituted a reorganization for purposes of Section 368(a) of the Internal Revenue Code of 1986, as amended.
F2 Frisco holds 36,557,141 Shares. Frisco is held by a private investor group, including affiliates of HCA Inc. founder Dr. Thomas F. Frist Jr. The Reporting Person may be deemed to exercise voting and investment control over the Shares held by Frisco, but disclaims beneficial ownership of such Shares except to the extent of his pecuniary interest therein, which may be deemed to include indirect interests in Shares through ownership of Frisco partnership units to the extent of: 3,156,495 Shares by the Reporting Person; and 8,713,110 Shares by trusts for the benefit of the Reporting Person's children of which the Reporting Person or his spouse is trustee.
F3 This number includes restricted share units payable in 12,875 Shares, which will be delivered to the Reporting Person on the date he ceases to be a director of the Issuer.
F4 Hercules Holding II ("Hercules") holds 32,282,889 Shares. Hercules is held by a private investor group, including affiliates of HCA Inc. founder Dr. Thomas F. Frist Jr. The Reporting Person may be deemed to exercise voting and investment control over the Shares held by Hercules, but disclaims beneficial ownership of such Shares except to the extent of his pecuniary interest therein, which may be deemed to include indirect interests in Shares through ownership of Hercules partnership units to the extent of: 941,766 Shares by the Reporting Person; 9,021 Shares by the Reporting Person's spouse and children; 12,287,166 Shares by trusts for the benefit of the Reporting Person's children of which the Reporting Person or his spouse is trustee; and 1,147,830 Shares by family partnerships or vehicles of which the Reporting Person is an officer or managing member.
F5 These Shares are held by trusts for the benefit of the Reporting Person's children of which the Reporting Person or his spouse is trustee.
F6 These Shares are held by family partnerships or vehicles of which the Reporting Person is an officer or managing member.