Cardinal Health (NYSE: CAH) officer to sell 11,650 shares
Rhea-AI Filing Summary
Cardinal Health, Inc. (CAH) reports that company officer Michelle Greene has filed a notice of proposed sale of Cardinal Health common stock under Rule 144. The filing lists 11,650 shares to be sold through Merrill from an account in Columbus, Ohio, with an aggregate market value of $2,746,148.42 as of the filing. The shares derive from equity awards scheduled to vest on August 15, 2026, including restricted stock and performance units. Cardinal Health common shares outstanding are stated as 232,575,728, a baseline figure, not the amount being sold. The expected sale date is listed as August 18, 2026 on the NYSE.
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Key Figures
Shares to be sold: 11,650 shares
Aggregate market value: $2,746,148.42
Shares outstanding: 232,575,728 shares
+3 more
6 metrics
Shares to be sold
11,650 shares
Proposed resale of Cardinal Health common stock under Rule 144
Aggregate market value
$2,746,148.42
Value associated with the 11,650 shares covered by the notice
Shares outstanding
232,575,728 shares
Cardinal Health common shares outstanding cited as a baseline figure
Restricted stock vesting shares
3,565 shares
Common shares from a Restricted Stock Vest event on August 15, 2026
Performance units vesting shares
8,085 shares
Common shares from a Performance Unit Vest event on August 15, 2026
Planned sale date
08/18/2026
Expected date for potential NYSE sale via Merrill
Key Terms
Rule 144, Restricted Stock Vest, Performance Unit Vest
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vest financial
"Common | 08/15/2026 | Restricted Stock Vest | Cardinal Health, Inc."
A restricted stock vest is the moment when shares granted to an employee or executive under conditions (like staying at the company or hitting targets) officially become theirs to keep or sell. Think of it as a timed gift that unlocks only after certain rules are met. Investors watch vesting because it can change who controls shares, create potential selling pressure when large blocks unlock, and reveal how management’s incentives are aligned with company performance.
Performance Unit Vest financial
"Common | 08/15/2026 | Performance Unit Vest | Cardinal Health, Inc."
FAQ
What does the Form 144 filing mean for Cardinal Health (CAH)?
The Form 144 indicates that officer Michelle Greene has notified of a planned sale of 11,650 CAH shares under Rule 144. It is a regulatory notice of potential resale of restricted or control securities, not an executed trade confirmation.
When are the Cardinal Health (CAH) equity awards vesting for this Form 144?
The source shares come from awards vesting on August 15, 2026, including restricted stock and performance units. After vesting, up to 11,650 shares are noticed for potential sale under Rule 144 shortly thereafter.
Which broker and market are involved in the Cardinal Health (CAH) Form 144 sale?
The proposed transaction lists Merrill as the broker and references trading on the NYSE. The expected sale date in the notice is August 18, 2026, subject to Rule 144 conditions and market execution.
AI-generated analysis. How Rhea-AI works. Not financial advice.