Maughan David Paul 4
4 · DAVITA INC. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
DaVita (DVA) COO David Maughan Sells Shares, Receives Awards
What Happened
David Paul Maughan, Chief Operating Officer of DaVita Inc. (DVA), reported awards and share dispositions tied to vesting on March 15, 2026. The filing shows two award/acquisition entries (5,308 shares and 14,351 derivative shares) and two dispositions to satisfy tax obligations: 5,339 shares sold/withheld at $150.72 for $804,694 and 7,768 shares sold/withheld at $150.72 for $1,170,793 — total proceeds of $1,975,487. These dispositions were to cover tax withholding, not open-market investment sales.
Key Details
- Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (timely filing).
- Prices reported for disposed shares: $150.72 per share. Disposition totals: $804,694 and $1,170,793 (combined $1,975,487).
- Awards reported: 5,308 shares (award) and 14,351 shares (derivative award).
- Shares withheld/sold to satisfy tax withholding (codes F). Filing notes some counts include shares acquired under the DaVita Employee Stock Purchase Plan (ESPP), an exempt Rule 16b-3 transaction.
- Footnotes: withheld shares correspond to 50% of RSUs granted on March 15, 2022 (12,203 shares) and March 15, 2023 (17,754 shares). Other awards/SARs are scheduled to vest 50% each on March 15, 2029 and March 15, 2030.
- Shares owned after the transaction: not specified in this Form 4.
Context
This was a routine tax-withholding transaction tied to equity vesting (restricted stock units and derivative awards/stock appreciation rights), not an open-market sale for investment purposes. For retail investors, tax-withholding dispositions are common when executives receive vested equity and typically do not by themselves indicate a buy/sell signal about company prospects.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-03-15+5,308→ 127,574 total - Tax Payment
Common Stock
[F3]2026-03-15$150.72/sh−5,339$804,694→ 122,235 total - Tax Payment
Common Stock
[F4]2026-03-15$150.72/sh−7,768$1,170,793→ 114,467 total - Award
Stock Appreciation Rights
[F5]2026-03-15+14,351→ 14,351 totalExercise: $150.72Exp: 2031-03-15→ Common Stock (14,351 underlying)
Footnotes (5)
- [F1]These restricted stock units are scheduled to vest 50% each on March 15, 2029 and March 15, 2030, respectively, subject to the terms and conditions of the applicable award agreement.
- [F2]The number of shares reported include shares acquired under DaVita Employee Stock Purchase Plan, an exempt transaction pursuant to Rule 16b-3.
- [F3]Shares withheld from issuance to satisfy tax withholding obligation in connection with the vesting of 12,203 shares, which represents 50% of the restricted stock units granted to the Reporting Person on March 15, 2022.
- [F4]Shares withheld from issuance to satisfy tax withholding obligation in connection with the vesting of 17,754 shares, which represents 50% of the restricted stock units granted to the Reporting Person on March 15, 2023.
- [F5]The stock appreciation rights are scheduled to vest 50% each on March 15, 2029 and March 15, 2030, respectively, subject to the terms and conditions of the applicable award agreement.