What the executives and directors of HCA Healthcare actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| HERCULES HOLDING II | 10% owner | 32.3M | — | — |
| MICHELSON MICHAEL W | Director | 4M | — | — |
| FRIST THOMAS F JR | 10% owner | 394K | — | — |
| HAZEN SAMUEL N CEO | CEO | 102.2K | — | $21.5M |
| Foster Jon M EVP and COO | COO | 96.5K | — | — |
| Akdamar Erol R Group President | Officer | 67.3K | — | — |
| Billington Phillip G SVP-Internal Audit Services | Officer | 52.7K | — | — |
| RUTHERFORD BILL B CFO and EVP | CFO | 50.3K | — | — |
| Marks Mike A EVP and CFO | CFO | 46.6K | — | — |
| Wyatt Christopher F. SVP & Controller | Officer | 44.4K | — | $2M |
| Cuffe Michael S. EVP and Chief Clinical Officer | Officer | 35.6K | — | $2.4M |
| McManus Timothy M Group President | Officer | 30.9K | — | — |
| Dennis Robert J | Director | 26.6K | — | — |
| DEPARLE NANCY ANN | Director | 21.9K | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-02-18 | McAlevey Michael R (Officer) | Discretionary sale | 1,694 | $533.37 | $904K |
| 2026-02-11 | Wyatt Christopher F. (Officer) | Discretionary sale | 4,000 | $505.00 | $2M |
| 2026-02-11 | Berres Jennifer (Officer) | Discretionary sale | 4,010 | $503.00 | $2M |
| 2026-02-11 | Berres Jennifer (Officer) | Discretionary sale | 4,010 | $526.16 | $2.1M |
| 2026-02-03 | HAZEN SAMUEL N (CEO) | Discretionary sale | 120 | $497.18 | $60K |
| 2026-02-03 | HAZEN SAMUEL N (CEO) | Discretionary sale | 4,293 | $498.12 | $2.1M |
| 2026-02-03 | HAZEN SAMUEL N (CEO) | Discretionary sale | 5,002 | $502.15 | $2.5M |
| 2026-02-03 | HAZEN SAMUEL N (CEO) | Discretionary sale | 5,162 | $498.80 | $2.6M |
| 2026-02-03 | HAZEN SAMUEL N (CEO) | Discretionary sale | 6,189 | $500.02 | $3.1M |
| 2026-02-03 | HAZEN SAMUEL N (CEO) | Discretionary sale | 7,395 | $500.69 | $3.7M |
| 2026-02-03 | HAZEN SAMUEL N (CEO) | Discretionary sale | 14.7K | $502.95 | $7.4M |
| 2026-02-03 | Cuffe Michael S. (Officer) | Discretionary sale | 1,500 | $498.09 | $747K |
| 2025-11-05 | McAlevey Michael R (Officer) | Discretionary sale | 3,892 | $473.79 | $1.8M |
| 2025-09-08 | Cuffe Michael S. (Officer) | Planned sale (10b5-1) | 3,836 | $418.84 | $1.6M |
| 2025-05-13 | Foster Jon M (COO) | Discretionary sale | 15.7K | $369.32 | $5.8M |
| 2025-02-14 | Berres Jennifer (Officer) | Discretionary sale | 4,155 | $322.96 | $1.3M |
| 2025-02-14 | Berres Jennifer (Officer) | Discretionary sale | 5,378 | $322.31 | $1.7M |
| 2024-11-14 | Billington Phillip G (Officer) | Discretionary sale | 3,897 | $350.00 | $1.4M |
| 2024-11-14 | Whalen Kathleen M (Officer) | Discretionary sale | 1,474 | $357.99 | $528K |
| 2024-11-14 | Akdamar Erol R (Officer) | Discretionary sale | 2,900 | $353.00 | $1M |
| 2024-09-12 | Cuffe Michael S. (Officer) | Planned sale (10b5-1) | 8,358 | $385.42 | $3.2M |
| 2024-07-31 | Whalen Kathleen M (Officer) | Discretionary sale | 2,987 | $363.51 | $1.1M |
| 2024-07-29 | Wyatt Christopher F. (Officer) | Discretionary sale | 4,000 | $360.20 | $1.4M |
| 2024-07-29 | Reiner Deborah M (Officer) | Discretionary sale | 3,314 | $359.96 | $1.2M |
| 2024-07-29 | Whalen Kathleen M (Officer) | Discretionary sale | 1,864 | $359.92 | $671K |
| 2024-07-25 | Torres Kathryn A. (Officer) | Discretionary sale | 1,857 | $355.05 | $659K |
| 2024-05-16 | Whalen Kathleen M (Officer) | Discretionary sale | 3,204 | $326.30 | $1M |
| 2024-05-15 | Torres Kathryn A. (Officer) | Discretionary sale | 1,863 | $326.18 | $608K |
| 2024-05-09 | Cuffe Michael S. (Officer) | Discretionary sale | 6,311 | $316.88 | $2M |
| 2024-05-09 | Cohen Jeffrey E. (Officer) | Discretionary sale | 1,650 | $313.00 | $516K |
| 2024-05-06 | Cuffe Michael S. (Officer) | Discretionary sale | 1,600 | $309.00 | $494K |
| 2024-05-03 | Torres Kathryn A. (Officer) | Discretionary sale | 890 | $312.00 | $278K |
| 2024-05-02 | Torres Kathryn A. (Officer) | Discretionary sale | 973 | $312.00 | $304K |
| 2024-03-20 | Wasserman Chad J (Officer) | Planned sale (10b5-1) | 876 | $330.25 | $289K |
| 2024-03-18 | Wasserman Chad J (Officer) | Planned sale (10b5-1) | 344 | $321.97 | $111K |
| 2024-02-09 | Whalen Kathleen M (Officer) | Discretionary sale | 4,262 | $306.21 | $1.3M |
| 2024-02-06 | RUTHERFORD BILL B (CFO) | Discretionary sale | 6,000 | $310.63 | $1.9M |
| 2024-02-05 | Wyatt Christopher F. (Officer) | Discretionary sale | 4,000 | $312.42 | $1.2M |
| 2024-02-05 | Mosier Sammie S (Officer) | Discretionary sale | 1,645 | $312.00 | $513K |
| 2024-02-02 | Wasserman Chad J (Officer) | Discretionary sale | 652 | $312.04 | $203K |
| 2024-01-31 | Cuffe Michael S. (Officer) | Discretionary sale | 3,200 | $306.79 | $982K |
| 2024-01-31 | Torres Kathryn A. (Officer) | Discretionary sale | 3,861 | $307.00 | $1.2M |
| 2023-08-14 | Torres Kathryn A. (Officer) | Discretionary sale | 5,204 | $269.12 | $1.4M |
| 2023-08-11 | Cohen Jeffrey E. (Officer) | Discretionary sale | 1,500 | $270.00 | $405K |
| 2023-08-03 | Whalen Kathleen M (Officer) | Discretionary sale | 2,916 | $270.00 | $787K |
| 2023-04-28 | Cuffe Michael S. (Officer) | Discretionary sale | 12.6K | $284.44 | $3.6M |
| 2023-04-28 | Akdamar Erol R (Officer) | Discretionary sale | 3,500 | $285.00 | $998K |
| 2023-04-24 | Torres Kathryn A. (Officer) | Discretionary sale | 4,473 | $288.38 | $1.3M |
| 2023-04-14 | Paslick P. Martin (Officer) | Discretionary sale | 2,687 | $275.00 | $739K |
| 2023-04-10 | Paslick P. Martin (Officer) | Discretionary sale | 2,539 | $270.00 | $686K |
| 2023-04-04 | Paslick P. Martin (Officer) | Discretionary sale | 3,034 | $265.00 | $804K |
| 2023-02-17 | Whalen Kathleen M (Officer) | Discretionary sale | 1,734 | $263.61 | $457K |
| 2023-02-07 | Berres Jennifer (Officer) | Discretionary sale | 4,000 | $255.23 | $1M |
| 2023-02-03 | RUTHERFORD BILL B (CFO) | Discretionary sale | 30K | $258.19 | $7.7M |
| 2023-02-03 | Reiner Deborah M (Officer) | Discretionary sale | 7,941 | $257.61 | $2M |
| 2023-02-02 | Akdamar Erol R (Officer) | Discretionary sale | 3,000 | $258.63 | $776K |
| 2023-02-01 | Foster Jon M (COO) | Discretionary sale | 16.4K | $251.98 | $4.1M |
| 2023-02-01 | Paslick P. Martin (Officer) | Discretionary sale | 1,000 | $256.95 | $257K |
| 2023-02-01 | Cuffe Michael S. (Officer) | Discretionary sale | 4,000 | $257.11 | $1M |
| 2023-02-01 | Wyatt Christopher F. (Officer) | Discretionary sale | 4,900 | $253.30 | $1.2M |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.