Monitor the search for a permanent Behavioral Health Division head; a lengthy vacancy or external hire could signal strategic shifts. No immediate trading catalyst from this departure.
Price Chart
Executive Summary
Matthew J. Peterson, Executive Vice President and President of Behavioral Health, resigned effective June 19, 2026, to pursue an external non-competitive opportunity. CEO Marc D. Miller will assume interim oversight of the Behavioral Health Division while a permanent replacement is sought. This is a routine senior-level departure with no financial red flags.
Key Facts
- Matthew J. Peterson resigned as EVP and President, Behavioral Health, effective June 19, 2026.
- Peterson has been with the company since 2019 and is leaving for an external non-competitive opportunity.
- All unvested equity awards (stock options, RSUs, PBRSUs) will terminate as of the effective date.
- CEO Marc D. Miller will assume interim responsibilities for the Behavioral Health Division.
- Company will immediately commence a search for a permanent replacement.
Financial Impact
No material financial impact disclosed; unvested equity forfeited, no severance or additional compensation beyond accrued benefits.
Risk Factors
- Prolonged interim leadership could slow decision-making in the Behavioral Health segment.
- External hire may indicate a strategic pivot or operational challenges in the division.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-233402 |
| Document: 0001193125-26-233402-index-headers.html | 0001193125-26-233402 |
| Document: 0001193125-26-233402-index.html | 0001193125-26-233402 |
| Document: 0001193125-26-233402.txt | 0001193125-26-233402 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 21, 2026 6w ago | 8-K | $177.26 $176.69 | ▼ −0.32% | ▼ −0.04% | $174.49 (−1.57%) |
Jul 27, 2026 9w ago | Press Release | $166.22 $175.66 | ▼ −5.68% | ▼ −2.30% | $174.49 (−4.97%) |
May 21, 2026 19w ago | 8-K | $162.28 $141.17 | ▼ −13.01% | ▼ −13.55% | $174.49 (+7.52%) |
Apr 24, 2026 23w ago | 8-K | $173.78 $162.45 | ▼ −6.52% | ▼ −10.55% | $174.49 (+0.41%) |
Apr 9, 2026 25w ago | DEFA14A | $187.57 $168.49 | ▼ −10.17% | ▼ −17.74% | $174.49 (−6.98%) |
Feb 26, 2026 31w ago | 8-K | $203.26 $185.07 | ▼ −8.95% | ▼ −2.55% | $174.49 (−14.16%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access