Blair Hendrix of Surgery Partners (SGRY) receives 11,670-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HENDRIX BLAIR E reported acquisition or exercise transactions in this Form 4 filing.
Surgery Partners, Inc. director and ten percent owner Blair E. Hendrix received a grant of 11,670 shares of common stock on June 5, 2026 at a reference price of $13.71 per share. These shares will vest on June 5, 2027, indicating a time-based equity award rather than an immediate cash transaction.
After this award, Hendrix beneficially owns 18,531 shares of common stock directly. The filing also notes that shares previously reported as indirectly owned through Bain Capital Investors, LLC are no longer included in the total beneficially owned amount following this transaction, so the reported holdings now reflect only the direct position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HENDRIX BLAIR E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,670 | $13.71 | $160K |
Holdings After Transaction:
Common Stock — 18,531 shares (Direct, null)
Footnotes (1)
- Shares will vest on June 5, 2027. Previously reported shares indirectly owned through Bain Capital Investors, LLC are no longer reflected in the amount of securities beneficially owned following reported transaction.
Key Figures
Share grant size: 11,670 shares
Grant price: $13.71 per share
Holdings after grant: 18,531 shares
+1 more
4 metrics
Share grant size
11,670 shares
Common stock award on June 5, 2026
Grant price
$13.71 per share
Reference price for equity award
Holdings after grant
18,531 shares
Total beneficially owned directly after transaction
Vesting date
June 5, 2027
Date when granted shares will vest
Key Terms
Grant, award, or other acquisition, beneficially owned, vest, ten percent owner
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
beneficially owned financial
"no longer reflected in the amount of securities beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
vest financial
"Shares will vest on June 5, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
ten percent owner financial
"reporting person is_ten_percent_owner: 1"
FAQ
What insider transaction did Surgery Partners (SGRY) report for Blair E. Hendrix?
Surgery Partners reported that director and ten percent owner Blair E. Hendrix received a grant of 11,670 shares of common stock. The award was recorded at $13.71 per share and increased his directly beneficially owned holdings to 18,531 shares after the transaction.
What changed regarding Blair E. Hendrix’s indirect Surgery Partners (SGRY) holdings?
The filing states that shares previously reported as indirectly owned through Bain Capital Investors, LLC are no longer reflected in Blair E. Hendrix’s beneficially owned total. As a result, the reported 18,531 shares now represent only his directly held position.