Insider Cluster (7 insiders) ·Filed Mar 2, 2026

THC

TENET HEALTHCARE CORP
BEARISH
Impact 6/10
Horizondays Processed7mo ago
Insider cluster: 2 insiders, $6.1M total
Actionable Insight ▼ Bearish

The magnitude of selling, particularly by two senior executives, is notable and may signal caution ahead of upcoming earnings or strategic developments. Traders should monitor for further insider activity and any related corporate announcements.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
THC ▼ -24.98% at T+60d
SHORT call ✓ call won +24.98% · α vs SPY +34.31% · entry $235.12 → $176.38
Entry anchored
Feb 27, 03:59 PM ET
via exchange tick
T+1d
+3.30%
call -3.30% · α -4.22%
$242.88
settled 7mo ago
T+5d
+2.33%
call -2.33% · α -3.53%
$240.59
settled 7mo ago
T+20d
-20.04%
call +20.04% · α +12.10%
$188.00
settled 6mo ago
T+60d
-24.98%
call +24.98% · α +34.31%
$176.38
settled 4mo ago

Price Chart

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Executive Summary

Multiple Tenet Healthcare executives sold shares in the past week, with two open-market sales totaling $6.1 million. The sales were conducted by the Principal Accounting Officer and the EVP, Chief Admin. Officer & GC, while other executives exercised derivative securities in non-cash transactions.

Key Financial Metrics

Direction
selling
Total Value
$6.1M
Insiders
7

Key Facts

  • Ramsey R. Scott (Principal Accounting Officer) sold 2,125 shares for $490,832.5 at $230.98 per share.
  • Arnst Thomas W (EVP, Chief Admin. Officer & GC) sold 24,000 shares for $5,616,960 at $234.04 per share.
  • Five executives exercised derivative securities on 2026-02-27, totaling 17,746 shares, all non-cash transactions (value = $0).
  • Total open-market sales in the cluster: $6.1 million.
  • Sales represent approximately 0.03% of Tenet Healthcare's $20.4B market cap.

Financial Impact

$6.1 million in open-market insider selling over 7 days

insider ownershipinvestor sentiment

Risk Factors

  • Insider selling can erode investor confidence, especially when concentrated among C-suite executives.
  • Non-cash derivative exercises may indicate pre-planned compensation events, but the timing alongside open-market sales could suggest broader portfolio rebalancing or sentiment shift.

Market Snapshot

Exchange
NYSE

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (7 trades, 7d window)cluster-THC-1772586041254
11 reports for THC
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for THC — sortable, filterable
TypeNow
Sep 11, 2026
21d ago
Court Ruling
NEUTRAL ★ 2/10
$263.69 $261.99▼ −0.64%▼ −0.42%$258.68 (−1.90%)
Sep 4, 2026
28d ago
Insider Cluster
NEUTRAL ★ 4/10
$265.05 $264.51▼ −0.20%▲ +1.01%$258.68 (−2.40%)
Sep 2, 2026
4w ago
Insider Cluster
NEUTRAL ★ 3/10
$258.53 $263.46▲ +1.91%▲ +2.86%$258.68 (+0.06%)
Aug 27, 2026
5w ago
Insider Cluster
BEARISH ★ 6/10
$267.75 $263.49▲ +1.59%▲ +1.86%$258.68 (+3.39%)
Aug 27, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$267.75 $263.49▲ +1.59%▲ +1.86%$258.68 (+3.39%)
Aug 11, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$259.45 $270.21▲ +4.15%▲ +4.55%$258.68 (−0.30%)
Aug 8, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$259.93 $264.56▲ +1.78%▲ +1.83%$258.68 (−0.48%)
Aug 1, 2026
8w ago
Insider Cluster
NEUTRAL ★ 3/10
$249.99 $259.93▲ +3.98%▲ +1.95%$258.68 (+3.48%)
Jul 29, 2026
9w ago
Insider Cluster
NEUTRAL ★ 2/10
$257.62 $261.74▲ +1.60%▼ −3.93%$258.68 (+0.41%)
May 30, 2026
17w ago
Insider Cluster
NEUTRAL ★ 2/10
$170.09 $162.06▼ −4.72%▼ −1.97%$258.68 (+52.08%)
Showing 10 of 11

US Market Status

Market Closed — Opens Mon (65h 28m)

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Report published Mar 4, 2026