Tenet Healthcare Corp CEO Saumya Sutaria sold approximately 99,999 ordinary shares worth about $27.6 million in a series of transactions completed between August 24-25, 2026.
The sales were executed at weighted average prices ranging from $273.34 to $278.90 per share, with individual transaction prices varying within those bands. On August 24, Sutaria disposed of 50,000 shares in two blocks at average prices of $278.17 and $278.90, respectively. The following day, she sold 49,999 shares across three tranches at average prices of $273.34, $274.10, and $275.26.
After the disposals, Sutaria retains direct ownership of 433,564 Tenet Healthcare shares. The stock has appreciated 51% over the past year and was trading near its 52-week high of $283.05 at the time of the transactions.
Tenet reported adjusted earnings of $6.12 per share and revenue of $5.63 billion for the second quarter of 2026, exceeding analyst expectations of $4.23 per share and $5.43 billion, respectively.
