NeueHealth CEO George Mikan III sells $203,009 in stock

Published 12/03/2025, 02:52
NeueHealth CEO George Mikan III sells $203,009 in stock

George Lawrence Mikan III, CEO and President of NeueHealth, Inc. (NASDAQ:NEUE), recently sold a significant portion of the company’s common stock. According to a recent SEC filing, Mikan sold a total of 28,264 shares over two transactions, generating approximately $203,009. The sales were executed at prices ranging between $7.06 and $7.19 per share. The stock currently trades at $6.93, showing a strong 27% gain over the past six months despite recent volatility. InvestingPro analysis indicates the stock is currently trading below its Fair Value.

The transactions took place on March 7 and March 10, 2025. The first sale involved 26,660 shares at a weighted average price of $7.19, while the second sale consisted of 1,604 shares at a weighted average price of $7.06. These sales were made to cover tax withholding obligations upon the vesting of restricted stock units, as noted in the filing. With the company’s next earnings report due on March 20, investors should note that NeueHealth maintains a "GOOD" overall financial health score despite rapidly depleting cash reserves.

Following these transactions, Mikan holds 184,717 shares of NeueHealth common stock. For deeper insights into NEUE’s valuation and 11 additional key investment tips, visit InvestingPro.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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