The secondary offering of shares by Surgery Partners is a liquidity event for the selling stockholders and does not dilute the ownership of existing shareholders since the company is not issuing new shares. However, the introduction of additional shares into the market could potentially impact the stock's liquidity and may influence market perception, which could lead to short-term price volatility. The relevance is high as the company is directly involved, but the importance is moderate because the company itself is not benefiting from the proceeds, and the impact on the stock price is uncertain.