Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-31

Tenet HealthCare (THC)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$43,108,969
Saum Sutaria total, FY2025
99th
CEO pay percentile vs peers
711:1
CEO-to-median pay ratio
84.11%
Say-on-pay support, latest vote
Companies that benchmark against THC
7 companies name THC as a compensation peer

Each company listed discloses THC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named THC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Saum Sutaria$1,500,000$0$31,677,365$0$9,000,000$0$931,603$43,108,969
Chairman and Chief Executive Officer
Thomas Arnst650,0004,000,0003,740,18301,462,5000196,92010,049,603
Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary
Lisa Foo650,0004,000,0003,382,85501,316,2500193,7099,542,814
Executive Vice President and Chief Operating Officer
Sun Park700,0002,000,0002,722,56201,750,0000201,5467,374,108
Executive Vice President and Chief Financial Officer
Paola Arbour550,0001,000,0001,393,53301,031,2500121,3914,096,174
Executive Vice President and Chief Information Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Saum Sutaria$43,108,969
Thomas Arnst10,049,603
Lisa Foo9,542,814
Sun Park7,374,108
Paola Arbour4,096,174

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Vineeta AgarwalaDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
Tammy RomoDirector2026-05-22A1,333CommonForm 4 ↗
Tammy RomoDirector2026-05-22D49317485,674CommonForm 4 ↗
Meghan M. FitzGeraldDirector2026-05-22D49317485,674CommonForm 4 ↗
Cecil D. HaneyDirector2026-05-22D49317485,674CommonForm 4 ↗
Cecil D. HaneyDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
Richard J. MarkDirector2026-05-22D49317485,674CommonForm 4 ↗
Richard J. MarkDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
J. Robert KerreyDirector2026-05-22A1,643CommonForm 4 ↗
J. Robert KerreyDirector2026-05-22D1,643Derivative, Class A CommonForm 4 ↗
Roy BluntDirector2026-05-22A1,333CommonForm 4 ↗
Roy BluntDirector2026-05-22D49317485,674CommonForm 4 ↗
Roy BluntDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
Christopher S. LynchDirector2026-05-22A1,333CommonForm 4 ↗
Nadja Y. WestDirector2026-05-22A1,333CommonForm 4 ↗
Nadja Y. WestDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
Richard W. FisherDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
Meghan M. FitzGeraldDirector2026-05-22A1,333CommonForm 4 ↗
Vineeta AgarwalaDirector2026-05-22A1,333CommonForm 4 ↗
Cecil D. HaneyDirector2026-05-22A1,333CommonForm 4 ↗
Nadja Y. WestDirector2026-05-22D49317485,674CommonForm 4 ↗
Meghan M. FitzGeraldDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
Tammy RomoDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
J. Robert KerreyDirector2026-05-22D607174105,484CommonForm 4 ↗
Richard W. FisherDirector2026-05-22A1,333CommonForm 4 ↗
Richard W. FisherDirector2026-05-22D49317485,674CommonForm 4 ↗
Richard J. MarkDirector2026-05-22A1,333CommonForm 4 ↗
James L. BiermanDirector2026-05-22A1,333CommonForm 4 ↗
James L. BiermanDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
Christopher S. LynchDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
Dividend-equivalent accruals2026-05-2713,34411 insiders, 11 accrual rows
Nadja Y. WestDirector2026-05-27D3,000177532,050CommonForm 4 ↗
J. Robert KerreyDirector2026-05-28D1,690174294,009CommonForm 4 ↗
J. Robert KerreyDirector2026-05-28D713175124,868CommonForm 4 ↗
J. Robert KerreyDirector2026-05-28D905177160,085CommonForm 4 ↗
J. Robert KerreyDirector2026-05-28D36117864,085CommonForm 4 ↗
J. Robert KerreyDirector2026-05-28D1,969173340,873CommonForm 4 ↗
James L. BiermanDirector2026-07-27D5,0002451,224,800CommonForm 4 ↗
Paola ArbourEVP, Chief Information Officer2026-07-27D10,8782442,653,144CommonForm 4 ↗
Christopher S. LynchDirector2026-07-27D3,837243934,079CommonForm 4 ↗
Lisa FooEVP, Chief Operating Officer2026-07-29D10,0002582,580,300CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 51 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Vineeta AgarwalaDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
Tammy RomoDirector2026-05-22A1,333CommonForm 4 ↗
Tammy RomoDirector2026-05-22D49317485,674CommonForm 4 ↗
Meghan M. FitzGeraldDirector2026-05-22D49317485,674CommonForm 4 ↗
Cecil D. HaneyDirector2026-05-22D49317485,674CommonForm 4 ↗
Cecil D. HaneyDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
Richard J. MarkDirector2026-05-22D49317485,674CommonForm 4 ↗
Richard J. MarkDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
J. Robert KerreyDirector2026-05-22A1,643CommonForm 4 ↗
J. Robert KerreyDirector2026-05-22D1,643Derivative, Class A CommonForm 4 ↗
Roy BluntDirector2026-05-22A1,333CommonForm 4 ↗
Roy BluntDirector2026-05-22D49317485,674CommonForm 4 ↗
Roy BluntDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
Christopher S. LynchDirector2026-05-22A1,333CommonForm 4 ↗
Nadja Y. WestDirector2026-05-22A1,333CommonForm 4 ↗
Nadja Y. WestDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
Richard W. FisherDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
Meghan M. FitzGeraldDirector2026-05-22A1,333CommonForm 4 ↗
Vineeta AgarwalaDirector2026-05-22A1,333CommonForm 4 ↗
Cecil D. HaneyDirector2026-05-22A1,333CommonForm 4 ↗
Nadja Y. WestDirector2026-05-22D49317485,674CommonForm 4 ↗
Meghan M. FitzGeraldDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
Tammy RomoDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
J. Robert KerreyDirector2026-05-22D607174105,484CommonForm 4 ↗
Richard W. FisherDirector2026-05-22A1,333CommonForm 4 ↗
Richard W. FisherDirector2026-05-22D49317485,674CommonForm 4 ↗
Richard J. MarkDirector2026-05-22A1,333CommonForm 4 ↗
James L. BiermanDirector2026-05-22A1,333CommonForm 4 ↗
James L. BiermanDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
Christopher S. LynchDirector2026-05-22D1,333Derivative, Class A CommonForm 4 ↗
Vineeta AgarwalaDirector2026-05-27A1,18800Derivative, Class A CommonForm 4 ↗
Richard W. FisherDirector2026-05-27A1,18800Derivative, Class A CommonForm 4 ↗
Cecil D. HaneyDirector2026-05-27A1,18800Derivative, Class A CommonForm 4 ↗
Richard J. MarkDirector2026-05-27A1,18800Derivative, Class A CommonForm 4 ↗
Tammy RomoDirector2026-05-27A1,18800Derivative, Class A CommonForm 4 ↗
James L. BiermanDirector2026-05-27A1,18800Derivative, Class A CommonForm 4 ↗
J. Robert KerreyDirector2026-05-27A1,46400Derivative, Class A CommonForm 4 ↗
Christopher S. LynchDirector2026-05-27A1,18800Derivative, Class A CommonForm 4 ↗
Nadja Y. WestDirector2026-05-27A1,18800Derivative, Class A CommonForm 4 ↗
Meghan M. FitzGeraldDirector2026-05-27A1,18800Derivative, Class A CommonForm 4 ↗
Nadja Y. WestDirector2026-05-27D3,000177532,050CommonForm 4 ↗
Roy BluntDirector2026-05-27A1,18800Derivative, Class A CommonForm 4 ↗
J. Robert KerreyDirector2026-05-28D1,690174294,009CommonForm 4 ↗
J. Robert KerreyDirector2026-05-28D713175124,868CommonForm 4 ↗
J. Robert KerreyDirector2026-05-28D905177160,085CommonForm 4 ↗
J. Robert KerreyDirector2026-05-28D36117864,085CommonForm 4 ↗
J. Robert KerreyDirector2026-05-28D1,969173340,873CommonForm 4 ↗
James L. BiermanDirector2026-07-27D5,0002451,224,800CommonForm 4 ↗
Paola ArbourEVP, Chief Information Officer2026-07-27D10,8782442,653,144CommonForm 4 ↗
Christopher S. LynchDirector2026-07-27D3,837243934,079CommonForm 4 ↗
Lisa FooEVP, Chief Operating Officer2026-07-29D10,0002582,580,300CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Sun ParkPSU4,67011,675$686,677
Paola ArbourPSU2,7996,298440,143
Saum SutariaPSU36,38481,8645,721,384
Lisa FooPSU4,1999,448660,293
Thomas ArnstPSU5,59812,596880,286
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Sun Park$0$686,677$0100.0%
Paola Arbour0440,1430100.0%
Saum Sutaria05,721,3840100.0%
Lisa Foo0660,2930100.0%
Thomas Arnst0880,2860100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Paola ArbourPSU3,168$629,545
SutariaRSU39,0497,759,817
Sun ParkPSU23,3504,640,112
Paola ArbourRSU3,737742,617
Paola ArbourRSU3,801755,335
SutariaRSU245,59248,804,042
SutariaRSU54,72810,875,548
SutariaPSU48,8109,699,523
Thomas ArnstRSU37,7867,508,834
SutariaRSU36,3847,230,228
Lisa FooRSU28,3405,631,725
Thomas ArnstPSU28,0205,568,134
Lisa FooPSU23,2504,640,112
Paola ArbourRSU18,8943,754,616
Thomas ArnstRSU11,2092,227,452
Paola ArbourPSU9,3401,856,045
Thomas ArnstRSU5,5981,112,435
SutariaPSU68,41013,594,435
SutariaRSU44,8348,909,412
Lisa FooRSU4,199834,425
SutariaPSU168,12533,409,800
Paola ArbourRSU2,799556,217
Lisa FooRSU11,4022,265,805
Sun ParkRSU11,4022,265,805
Thomas ArnstRSU11,4022,265,805
Sun ParkPSU9,5001,887,840
Lisa FooRSU9,3411,856,244
Thomas ArnstPSU9,5001,887,840
Lisa FooPSU9,5001,887,840
05

Incentive-plan design — the Compensation Discussion & Analysis

We maintain the following best practices so that our governance of executive compensation reflects our pay-for-performance philosophy and aligns the interests of our executives and shareholders.

CEO STI target (% of salary)200%
CEO LTI target (% of salary)
Independent consultantMeridian Compensation Partners, LLC
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2762,554,34611,817,27339,89584.11%Passed
20252025-05-2272,929,0105,362,70854,60493.15%Passed
20242024-05-2278,324,1542,920,906147,66296.4%Passed
20232023-05-2581,530,1054,617,910429,72794.64%Passed
20222022-05-0685,140,0562,843,35659,90896.7%Passed
20212021-05-0687,297,2664,828,993113,69894.76%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2784.11%a
20252025-05-2293.15%b
20242024-05-2296.4%c

a. Approved under the standard stated in the filing — “84 Table of Contents General Information Regarding the Annual Meeting and Voting • The following items of business will be approved if the votes cast for the proposal exceed those cast against the proposal, with neither abstentions nor broker non-votes counted either for or against these proposals (and therefore having no effect on the approval of the proposals): • advisory approval of the Company's executive compensation (Proposal 2);”.

b. Approved under the standard stated in the filing — “• The following items of business will be approved if the votes cast for the proposal exceed those cast against the proposal, with neither abstentions nor broker non-votes counted either for or against these proposals (and therefore having no effect on the approval of the proposals): • advisory approval of the Company's executive compensation (Proposal 2);”.

c. Approved under the standard stated in the filing — “• The following items of business will be approved if the votes cast for the proposal exceed those cast against the proposal, with neither abstentions nor broker non-votes counted either for or against these proposals (and therefore having no effect on the approval of the proposals): • advisory approval of the Company's executive compensation (Proposal 2);”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)711 : 1
CEO total compensation$43,108,969
Median employee compensation$60,657
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Stephen H. RusckowskiIndependent · Departed during FY$145,000$470,936$0$0$615,936
J. Robert KerreyIndependent · Lead Independent Director · Human Resources (Chair) · Quality, Compliance & Ethics313,000265,06500578,065
Tammy RomoIndependent · Audit (Chair) · Human Resources180,000215,05300395,053
Cecil D. HaneyIndependent · Audit151,000215,0530025,000391,053
Richard W. FisherIndependent · Audit · Human Resources168,500215,05300383,553
Meghan M. FitzGeraldIndependent · Nominating and Corporate Governance (Chair)160,500215,05300375,553
James L. BiermanIndependent · Nominating and Corporate Governance · Quality, Compliance & Ethics (Chair)160,500215,05300375,553
Richard J. MarkIndependent · Audit · Human Resources157,000215,05300372,053
Christopher S. LynchIndependent · Audit · Human Resources155,000215,05300370,053
Roy BluntIndependent · Audit151,000215,05300366,053
Vineeta AgarwalaIndependent · Human Resources · Quality, Compliance & Ethics147,000215,05300362,053
Nadja Y. WestIndependent · Nominating and Corporate Governance145,000215,05300360,053
Saumya SutariaEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$125,000
Annual equity retainer$215,053
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$2,033,500
Equity awards (grant-date value)$2,886,531
All other compensation$25,000
Total cost of the board$4,945,031

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Tenet HealthCare names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Tenet HealthCare.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Tenet HealthCare2025Saum Sutaria$1,500,000$31,677,365$0$9,000,000$43,108,969
2Baxter International2025Andrew Hider499,31523,133,5183,185,053820,12529,805,182
3HCA Healthcare2025Samuel Hazen1,577,8158,474,5438,514,0905,416,73226,456,606
4Stryker2025Kevin Lobo1,500,00016,684,91702,250,00021,401,495
5Humana2025James Rechtin1,348,55813,868,14103,034,74018,757,075
6DaVita2025Javier Rodriguez1,500,00011,442,4812,699,9822,089,49118,210,597
7Becton, Dickinson and Company2025Thomas Polen1,395,4639,991,8543,311,8611,852,01017,129,140
8Universal Health Services2025Marc Miller1,430,7699,999,90404,292,30716,148,937

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Tenet HealthCare200%PSU 60 · RSU 40NoMeridian Compensation Partners, LLC
Baxter Internationalnot disclosedPSU 50 · Stock Options 25 · RSU 25not disclosedAon
Becton, Dickinson and Company85%PSU 50 · Options 25 · RSU 25NoSemler Brossy
DaVita93%PSU 60 · RSU 20 · Options 20Yes — Relative TSR v. S&P Health Care Services Select Industry IndexCompensia
HCA Healthcare195.78%SAR 50 · PSU 50NoSemler Brossy
Humana112%PSU 60 · RSU 40Yes — Relative TSRFarient Advisors, LLC
Stryker100%PSU 48 · Options 34NoSemler Brossy
Universal Health Services200%RSU 50 · PSU 50NoFW Cook

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Saum SutariaDEF 14A2026-04-160001193125-26-159118Section “2025 Summary Compensation Table” · page 61. As printed: 43,108,969. Filing ↗machine: r4 · c34 · span 969343–969353
2Section 01, Thomas ArnstDEF 14A2026-04-160001193125-26-159118Section “2025 Summary Compensation Table” · page 61. As printed: 10,049,603. Filing ↗machine: r11 · c34 · span 986214–986224
3Section 01, Lisa FooDEF 14A2026-04-160001193125-26-159118Section “2025 Summary Compensation Table” · page 61. As printed: 9,542,814. Filing ↗machine: r15 · c34 · span 996000–996009
4Section 01, Sun ParkDEF 14A2026-04-160001193125-26-159118Section “2025 Summary Compensation Table” · page 61. As printed: 7,374,108. Filing ↗machine: r8 · c34 · span 978591–978600
5Section 01, Paola ArbourDEF 14A2026-04-160001193125-26-159118Section “2025 Summary Compensation Table” · page 61. As printed: 4,096,174. Filing ↗machine: r19 · c34 · span 1005245–1005254
6Section 03, Sun Park PSUDEF 14A2026-04-160001193125-26-159118Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t352 · r14 · c39 · span 1124649–1124654
7Section 03, Paola Arbour PSUDEF 14A2026-04-160001193125-26-159118Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t361 · r6 · c9 · span 1299235–1299240
8Section 03, Saum Sutaria PSUDEF 14A2026-04-160001193125-26-159118Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t359 · r6 · c9 · span 1213082–1213088
9Section 03, Lisa Foo PSUDEF 14A2026-04-160001193125-26-159118Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t359 · r42 · c9 · span 1272685–1272690
10Section 03, Thomas Arnst PSUDEF 14A2026-04-160001193125-26-159118Section “Grants of Plan-Based Awards During 2025” · grants of plan-based awards table. Filing ↗machine: t359 · r30 · c9 · span 1252788–1252793
11Section 07, pay ratioDEF 14A2026-04-160001193125-26-159118Section “CEO Pay Ratio”. As printed: 711 : 1. Filing ↗
12Section 08, Stephen H. RusckowskiDEF 14A2026-04-160001193125-26-159118Section “Director Compensation”. As printed: 615,936. Filing ↗machine: t258 · r23 · c19 · span 604194–604201
13Section 08, J. Robert KerreyDEF 14A2026-04-160001193125-26-159118Section “Director Compensation”. As printed: 578,065. Filing ↗machine: t258 · r3 · c19 · span 578716–578723
14Section 08, Tammy RomoDEF 14A2026-04-160001193125-26-159118Section “Director Compensation”. As printed: 395,053. Filing ↗machine: t258 · r21 · c19 · span 601504–601511
15Section 08, Cecil D. HaneyDEF 14A2026-04-160001193125-26-159118Section “Director Compensation”. As printed: 391,053. Filing ↗machine: t258 · r15 · c19 · span 593918–593925
16Section 08, Richard W. FisherDEF 14A2026-04-160001193125-26-159118Section “Director Compensation”. As printed: 383,553. Filing ↗machine: t258 · r11 · c19 · span 588873–588880
17Section 08, Meghan M. FitzGeraldDEF 14A2026-04-160001193125-26-159118Section “Director Compensation”. As printed: 375,553. Filing ↗machine: t258 · r13 · c19 · span 591396–591403
18Section 08, James L. BiermanDEF 14A2026-04-160001193125-26-159118Section “Director Compensation”. As printed: 375,553. Filing ↗machine: t258 · r7 · c19 · span 583803–583810
19Section 08, Richard J. MarkDEF 14A2026-04-160001193125-26-159118Section “Director Compensation”. As printed: 372,053. Filing ↗machine: t258 · r19 · c19 · span 598997–599004
20Section 08, Christopher S. LynchDEF 14A2026-04-160001193125-26-159118Section “Director Compensation”. As printed: 370,053. Filing ↗machine: t258 · r17 · c19 · span 596435–596442
21Section 08, Roy BluntDEF 14A2026-04-160001193125-26-159118Section “Director Compensation”. As printed: 366,053. Filing ↗machine: t258 · r9 · c19 · span 586309–586316
22Section 08, Vineeta AgarwalaDEF 14A2026-04-160001193125-26-159118Section “Director Compensation”. As printed: 362,053. Filing ↗machine: t258 · r5 · c19 · span 581240–581247
23Section 08, Nadja Y. WestDEF 14A2026-04-160001193125-26-159118Section “Director Compensation”. As printed: 360,053. Filing ↗machine: t258 · r25 · c19 · span 606710–606717
24Section 08, Saumya SutariaDEF 14A2026-04-160001193125-26-159118Section “Director Compensation”. As printed: 0. Filing ↗
25Section 02, Vineeta Agarwala 2026-05-22Form 42026-05-260001193125-26-239937Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Tammy Romo 2026-05-22Form 42026-05-260001193125-26-239940Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Tammy Romo 2026-05-22Form 42026-05-260001193125-26-239940Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Meghan M. FitzGerald 2026-05-22Form 42026-05-260001193125-26-239938Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Cecil D. Haney 2026-05-22Form 42026-05-260001193125-26-239935Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Cecil D. Haney 2026-05-22Form 42026-05-260001193125-26-239935Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Richard J. Mark 2026-05-22Form 42026-05-260001193125-26-239936Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Richard J. Mark 2026-05-22Form 42026-05-260001193125-26-239936Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, J. Robert Kerrey 2026-05-22Form 42026-05-260001193125-26-239934Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, J. Robert Kerrey 2026-05-22Form 42026-05-260001193125-26-239934Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Roy Blunt 2026-05-22Form 42026-05-260001193125-26-239933Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Roy Blunt 2026-05-22Form 42026-05-260001193125-26-239933Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Roy Blunt 2026-05-22Form 42026-05-260001193125-26-239933Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Christopher S. Lynch 2026-05-22Form 42026-05-260001193125-26-239942Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Nadja Y. West 2026-05-22Form 42026-05-260001193125-26-239941Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Nadja Y. West 2026-05-22Form 42026-05-260001193125-26-239941Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Richard W. Fisher 2026-05-22Form 42026-05-260001193125-26-239939Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Meghan M. FitzGerald 2026-05-22Form 42026-05-260001193125-26-239938Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Vineeta Agarwala 2026-05-22Form 42026-05-260001193125-26-239937Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Cecil D. Haney 2026-05-22Form 42026-05-260001193125-26-239935Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Nadja Y. West 2026-05-22Form 42026-05-260001193125-26-239941Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Meghan M. FitzGerald 2026-05-22Form 42026-05-260001193125-26-239938Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Tammy Romo 2026-05-22Form 42026-05-260001193125-26-239940Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, J. Robert Kerrey 2026-05-22Form 42026-05-260001193125-26-239934Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Richard W. Fisher 2026-05-22Form 42026-05-260001193125-26-239939Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Richard W. Fisher 2026-05-22Form 42026-05-260001193125-26-239939Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Richard J. Mark 2026-05-22Form 42026-05-260001193125-26-239936Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, James L. Bierman 2026-05-22Form 42026-05-260001193125-26-239943Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, James L. Bierman 2026-05-22Form 42026-05-260001193125-26-239943Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Christopher S. Lynch 2026-05-22Form 42026-05-260001193125-26-239942Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Vineeta Agarwala 2026-05-27Form 42026-05-280001193125-26-245814Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Richard W. Fisher 2026-05-27Form 42026-05-280001193125-26-245810Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Cecil D. Haney 2026-05-27Form 42026-05-280001193125-26-245809Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Richard J. Mark 2026-05-27Form 42026-05-280001193125-26-245812Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Tammy Romo 2026-05-27Form 42026-05-280001193125-26-245807Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, James L. Bierman 2026-05-27Form 42026-05-280001193125-26-245808Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, J. Robert Kerrey 2026-05-27Form 42026-05-280001193125-26-245805Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Christopher S. Lynch 2026-05-27Form 42026-05-280001193125-26-245806Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Nadja Y. West 2026-05-27Form 42026-05-280001193125-26-245811Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Meghan M. FitzGerald 2026-05-27Form 42026-05-280001193125-26-245804Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Nadja Y. West 2026-05-27Form 42026-05-280001193125-26-245811Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Roy Blunt 2026-05-27Form 42026-05-280001193125-26-245813Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, J. Robert Kerrey 2026-05-28Form 42026-05-290001193125-26-249167Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, J. Robert Kerrey 2026-05-28Form 42026-05-290001193125-26-249167Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, J. Robert Kerrey 2026-05-28Form 42026-05-290001193125-26-249167Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, J. Robert Kerrey 2026-05-28Form 42026-05-290001193125-26-249167Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, J. Robert Kerrey 2026-05-28Form 42026-05-290001193125-26-249167Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, James L. Bierman 2026-07-27Form 42026-07-280001193125-26-321680Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Paola Arbour 2026-07-27Form 42026-07-280001193125-26-321681Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Christopher S. Lynch 2026-07-27Form 42026-07-280001193125-26-321682Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Lisa Foo 2026-07-29Form 42026-07-310001193125-26-329146Insider equity transaction reported since the proxy statement. Filing ↗
76Section 06, 2026 voteForm 8-K2026-05-290000070318-26-000028Item 5.07 · say-on-pay result. As reported: 84.11% (votes for as printed: 62,554,346). Filing ↗
77Section 06, 2025 voteForm 8-K2025-05-270000070318-25-000020Item 5.07 · say-on-pay result. As reported: 93.15% (votes for as printed: 72,929,010). Filing ↗
78Section 06, 2024 voteForm 8-K2024-05-230000070318-24-000034Item 5.07 · say-on-pay result. As reported: 96.4% (votes for as printed: 78,324,154). Filing ↗
79Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
80Section 09b board cost (computed)ComputedcomputedCash 2,033,500 + equity 2,886,531 + all other 25,000 = 4,945,031, summed across the director compensation table rows.machine: formula: Σ = 4,945,031
81Tenet HealthCare (subject), Section 10b CEO totalDEF 14A2026-04-160001193125-26-159118CEO total compensation as printed in Tenet HealthCare's own proxy. As printed: 43,108,969. Filing ↗machine: r4 · c34 · span 969343–969353
82Baxter International, Section 10b CEO totalDEF 14A2026-03-230001628280-26-020330CEO total compensation as printed in Baxter International's own proxy. As printed: 29,805,182. Filing ↗machine: r4 · c30 · span 1451066–1451076
83HCA Healthcare, Section 10b CEO totalDEF 14A2026-03-130001193125-26-106142CEO total compensation as printed in HCA Healthcare's own proxy. As printed: 26,456,606. Filing ↗machine: span 784078–784088
84Stryker, Section 10b CEO totalDEF 14A2026-03-230000310764-26-000013CEO total compensation as printed in Stryker's own proxy. As printed: 21,401,495. Filing ↗machine: t101 · r2 · c7 · span 1584979–1584989
85Humana, Section 10b CEO totalDEF 14A2026-03-060001104659-26-024799CEO total compensation as printed in Humana's own proxy. As printed: 18,757,075. Filing ↗machine: t157 · r1 · c63 · span 1938706–1938716
86DaVita, Section 10b CEO totalDEF 14A2026-04-220000927066-26-000053CEO total compensation as printed in DaVita's own proxy. As printed: 18,210,597. Filing ↗machine: r2 · c45 · span 800715–800725
87Becton, Dickinson and Company, Section 10b CEO totalDEF 14A2025-12-180001628280-25-057846CEO total compensation as printed in Becton, Dickinson and Company's own proxy. As printed: 17,129,140. Filing ↗machine: r2 · c27 · span 1173285–1173295
88Universal Health Services, Section 10b CEO totalDEF 14A2026-04-090001193125-26-148814CEO total compensation as printed in Universal Health Services's own proxy. As printed: 16,148,937. Filing ↗machine: span 1326856–1326866
89Section 10a, Baxter International reciprocityDEF 14A0001628280-26-020330Baxter International's most recent proxy was read; its disclosed peer group does not include Tenet HealthCare. Filing ↗
90Section 10a, HCA Healthcare reciprocityDEF 14A0001193125-26-106142HCA Healthcare names Tenet HealthCare in its own disclosed peer group (read from its most recent proxy). Filing ↗
91Section 10a, Stryker reciprocityDEF 14A0000310764-26-000013Stryker's most recent proxy was read; its disclosed peer group does not include Tenet HealthCare. Filing ↗
92Section 10a, Humana reciprocityDEF 14A0001104659-26-024799Humana's most recent proxy was read; its disclosed peer group does not include Tenet HealthCare. Filing ↗
93Section 10a, DaVita reciprocityDEF 14A0000927066-26-000053DaVita names Tenet HealthCare in its own disclosed peer group (read from its most recent proxy). Filing ↗
94Section 10a, Becton, Dickinson and Company reciprocityDEF 14A0001628280-25-057846Becton, Dickinson and Company's most recent proxy was read; its disclosed peer group does not include Tenet HealthCare. Filing ↗
95Section 10a, Universal Health Services reciprocityDEF 14A0001193125-26-148814Universal Health Services names Tenet HealthCare in its own disclosed peer group (read from its most recent proxy). Filing ↗