Company: THC
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001193125-25-079143
Chunk: 63

Company: TENET HEALTHCARE CORP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 63
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 February 28, 2027 following the end of the three-year performance period ended December 31, 2026, subject to the achievement of Adjusted EPS and Adjusted FCF Less NCI performance goals for 2024, as modified by the Relative TSR multiplier measured over the entirety of the performance period. The amount reported here represents the maximum performance-based RSUs that may be earned with respect to the first tranche of these awards |

| (8) | These time-based RSUs vest upon Mr. Park’s relocation of his primary residence to the Dallas, TX area by September 1, 2025. |

Option Exercises and Stock Vested The following table sets forth certain information regarding restricted stock unit awards vested during 2024 for the NEOs. No NEOs exercised any stock options during 2024. 2024 Option Exercises and Stock Vested Table

|              |     | Stock Awards        |     |         |    |     |                |     |            |
| Name         |     | Number of Shares    
 Acquired on Vesting 
 (#)                 |     |         |    |     | Value Realized 
 on Vesting     
 ($)(1)         |     |            |
| Saum Sutaria |     |                     |     | 196,040 |    |     |                |     | 18,246,724 |
| Sun Park     |     |                     |     |     -0- |    |     |                |     |        -0- |
| Tom Arnst    |     |                     |     |  42,885 | -2 |     |                |     |  3,988,068 |
| Lisa Foo     |     |                     |     |  14,024 |    |     |                |     |  1,307,682 |
| Paola Arbour |     |                     |     |  24,751 |    |     |                |     |  2,301,063 |

| (1) | Calculated by multiplying the number of shares vested by the market price of common stock on the vesting date. The values shown do not represent the total value of shares received by the NEOs, as shares were withheld to cover applicable taxes. |

| (2) | Includes 4,018 RSUs transferred pursuant to a domestic relations order. |

| 2025 PROXY STATEMENT |     | 67 |

Executive Compensation Tables Nonqualified Deferred Compensation The following table sets forth