Humana’s CMO, chief HR officer sell millions in shares

Two Humana executives sold about $3.4 million combined in shares after the health insurer’s stock price hit a record high, according to separate Securities and Exchange Commission filings.

Advertisement

Shares of Humana hit an all-time high Nov. 7 of $354.33. Humana CMO Roy Beveridge, MD, and Chief Human Resources Officer Timothy Huval both filed to sell their shares Nov. 8 when market value was around $341 to $345.

Dr. Beveridge sold 4,622 shares at a market value of $1.6 million, while Mr. Huval sold 5,165 shares at a market value of $1.8 million, according to the SEC filings.

More articles on payers:
Fitness trackers, free hospital rides: How Medicare Advantage insurers lure members
Cigna to cover genetic counseling via telehealth
Humana CEO says insurer will continue to build on Walmart, Walgreens partnership

At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.

Advertisement

Next Up in Payer

Advertisement

Comments are closed.