Arbour Paola M

Arbour Paola M, EVP and Chief Information Officer, has demonstrated a clear selling bias in recent years, with $7.25 million in total sales compared to just $91,500 in purchases across two companies—Tenet Healthcare (THC) and Texas Capital Bancshares (TCBI). The vast majority of activity centers on THC, where Arbour executed multiple high-value sales, including a $1.55 million disposition on March 11, 2026, and a $1.63 million sale on February 27, 2026. These follow earlier disposals, such as a $1.76 million transaction on March 6, 2024, and multiple six-figure sales throughout 2024 and 2025. The only recent buy was a $91,500 acquisition of TCBI shares on March 11, 2026, a rare departure from the dominant selling pattern. The transactions suggest a strategic reduction in THC holdings, with sales occurring consistently over multiple years. Many of the dispositions were coded as "F" (sale following acquisition via a derivative transaction) or "S" (open-market sale), while the TCBI purchase was coded as "P" (open-market buy). Notably, several filings with $0 value—marked as "M" (derivative transaction) or "A" (award grant)—indicate equity-based compensation activity without immediate monetization. The data reflects a long-term trend of unwinding THC exposure while maintaining minimal activity in TCBI, aside from the recent purchase. The absence of material buys in THC reinforces the directional bias toward divestment.