Two insiders at Tenet Healthcare Corp. (THC) have sold shares totaling approximately $17.04 million. The transactions occurred on August 26, 2026.
According to filings, CEO Saumya Sutaria sold a total of 61,537 shares across two transactions. The first sale involved 36,656 shares at $278.90 per share, totaling $10.22 million. The second transaction saw Sutaria sell 24,881 shares at $274.10 per share, amounting to $6.82 million.
While insider sales can be attributed to various reasons such as diversification or personal financial needs, notable selling activity by multiple executives can sometimes attract investor attention.