Tenet CEO sells $15M in stock

Dallas-based Tenet Healthcare’s CEO, Saum Sutaria, MD, sold more than 100,000 shares of his stock in the company, Investing.com reported Aug. 19. 

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The transactions, which took place Aug. 14 and 15, according to SEC filings, totaled more than $15 million. The bulk of the shares sold for between $154.35 and $155.40.

According to the filings, the transactions were made through ownership by Dr. Sutaria’s wife, a common arrangement for executives and their families. Following the sales, no shares remain under the indirect ownership arrangement.

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