Filings Radar

SEC 8-K and 6-K filings classified by Claude with reasoning, plus Form 4 insider transactions. Ingested from EDGAR’s filing stream in near-real time, reconciled overnight.

HCA Healthcare, Inc. (HCA)

CIK 0000860730 5 material events

Insider activity (SEC Form 4)

Open-market buys and sells only — the deliberate trades. Zero here doesn’t mean no filings: grants, option exercises and tax withholding (below) are compensation, not market trades.

Open-market · last 30 days: 0 buyers bought $0 0 sellers sold $0
Open-market · last 90 days: 0 buyers bought $0 0 sellers sold $0
InsiderRoleDateTransactionSharesValue
McAlevey Michael R EVP & Chief Legal & Admin Off. 2026-08-26 J 7769 $3.3M
Marks Mike A EVP and CFO 2026-05-07 Gift 3336 $0
Marks Mike A EVP and CFO 2026-05-07 Gift 3336 $0
CHIDSEY JOHN Director 2026-04-28 Grant/award 809 $0
DEPARLE NANCY ANN Director 2026-04-28 Grant/award 509 $0
FRIST THOMAS F III Director, 10% Owner 2026-04-28 Grant/award 1041 $0
Frist William R Director, 10% Owner 2026-04-28 Grant/award 809 $0
Johnston Hugh F Director 2026-04-28 Grant/award 809 $0
MICHELSON MICHAEL W Director 2026-04-28 Grant/award 925 $0
Riley Wayne Joseph Director 2026-04-28 Grant/award 509 $0
Smith Andrea B Director 2026-04-28 Grant/award 509 $0
McAlevey Michael R EVP & Chief Legal & Admin Off. 2026-02-18 Open-market sell 1694 $904K
McAlevey Michael R EVP & Chief Legal & Admin Off. 2026-02-13 Option exercise 5000 $1.2M
McAlevey Michael R EVP & Chief Legal & Admin Off. 2026-02-13 Tax withholding 3306 $1.8M
Berres Jennifer SVP & Chief Human Res. Officer 2026-02-11 Open-market sell 4010 $2.0M
Berres Jennifer SVP & Chief Human Res. Officer 2026-02-11 Open-market sell 4010 $2.1M
Wyatt Christopher F. SVP & Controller 2026-02-11 Open-market sell 4000 $2.0M
Berres Jennifer SVP & Chief Human Res. Officer 2026-02-10 Grant/award 7116 $0
Berres Jennifer SVP & Chief Human Res. Officer 2026-02-10 Tax withholding 2515 $1.3M
Cuffe Michael S. EVP and Chief Clinical Officer 2026-02-10 Grant/award 9628 $0
Most recent 20 reported transactions. Open-market buys (P) and sells (S) are the deliberate ones; grants and option exercises are compensation. Not investment advice.

Risk Radar (year-over-year Risk Factors)

← All Risk Radar

Fiscal period ending 2025-12-31 versus 2024-12-31view filing on EDGAR →

Debt load grew $3.5B to $46.5B while the credit facility shifted from secured to unsecured, weakening creditor protections at a moment when new tariff and EHR implementation risks are simultaneously pressuring the cost structure. The combination of higher leverage, reduced covenant flexibility, unmitigable tariff exposure on medical supplies, and a large-scale EHR rollout represents a meaningful, multi-front deterioration. No offsetting risk reductions are present.

2 company-specific · 1 common-mode

Company-specific changes

Revised

Total indebtedness increased $3.5B (8%) to $46.5B. Credit facility structure shifted from secured to unsecured, reducing collateral protections and covenant flexibility.

Risks related to our indebtedness: We have significant indebtedness and may incur further indebtedness in the future. Our indebtedness could adversely affect our ability to raise additional capital…

Revised

New disclosure of EHR platform implementation risk with substantial resource requirements and potential operational disruptions. Added explicit operational resiliency language and financial resiliency initiatives tied to policy reforms.

Risks related to technology, data privacy and cybersecurity: Cybersecurity incidents or other forms of data breaches could result in the compromise of our facilities, confidential data or critical…

Also disclosed — common-mode (Tariffs trade policy)
Tariffs trade policy Revised

New disclosure of tariff risks materially escalating operating costs for medical supplies. Company acknowledges inability to fully mitigate future tariff impacts.

Risks related to macroeconomic conditions: Our overall business results may suffer during periods of significant inflation, general economic weakness or recessions or as a result of changing…

Material year-over-year changes to this company's Risk Factors (Item 1A), found by comparing each annual report to the prior year, judged for materiality, and classified as company-specific or common-mode against the cross-company catalog. Common-mode changes are the macro themes many companies disclose in common; they are collapsed above. A filing marked unchanged had no material change from the prior year; its summary describes the company's standing risks, which remain in force. Fiscal periods are the reporting period ends. Not investment advice.

Debt Issuance

8-K filed 2026-07-29 confidence 85% Item 2.03

HCA Healthcare increased the size of its commercial paper program from $4.0 billion to $8.0 billion outstanding at any time, representing a material expansion of the issuer's direct financial obligations and borrowing capacity.

View raw filing on EDGAR →

Earnings release

8-K filed 2026-07-24 confidence 98% Item 2.02

HCA Healthcare issued a press release on July 24, 2026 announcing its second quarter 2026 financial results, including revenues of $20.230 billion, net income of $1.699 billion, and diluted EPS of $7.62, along with updated full-year 2026 guidance.

View raw filing on EDGAR →

Dividend Distribution

8-K filed 2026-07-24 confidence 95% Item 8.01

HCA Healthcare's Board of Directors declared a quarterly cash dividend of $0.78 per share, payable September 30, 2026 to stockholders of record as of September 16, 2026.

View raw filing on EDGAR →

Earnings release

8-K filed 2026-07-14 confidence 97% Item 2.02

HCA Healthcare issued a press release on July 14, 2026 announcing preliminary financial results for Q2 2026, including revenues of $20.230 billion, net income of $1.699 billion ($7.62 per diluted share), and Adjusted EBITDA of $4.027 billion, along with revised 2026 full-year guidance.

View raw filing on EDGAR →

Exec departure

8-K filed 2026-06-18 confidence 95% Item 5.02

Dr. Michael Cuffe, Executive Vice President and Chief Clinical Officer, is stepping down effective August 31, 2026, with a transitional role through February 2027. This is a departure of a named executive officer from a senior leadership position. While severance benefits are mentioned, the principal disclosed action is the departure itself, making this an exec_departure event rather than exec_compensation.

View raw filing on EDGAR →