CAH Insider Notice: 5,373 Common Shares Proposed Sale via Schwab
Rhea-AI Filing Summary
Cardinal Health (CAH) Form 144 notice reports a proposed sale of 5,373 common shares through The Charles Schwab Corporation on the NYSE with an aggregate market value of $795,204.00. The filer acquired the shares as restricted stock units on 08/16/2024 (3,050 shares) and 02/15/2025 (2,323 shares). The filing states there were 238,793,647 shares outstanding and lists the approximate sale date as 08/19/2025. No securities were reported sold by the filer in the past three months, and no gifts or noncash payments are indicated.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale notice of vested RSUs for a modest share amount relative to company float.
The Form 144 documents a proposed brokered sale of 5,373 common shares, acquired as restricted stock units on two dates in 2024 and 2025. The aggregate value reported is $795,204 against an outstanding share base of 238,793,647, indicating the sale represents an immaterial fraction of the companys shares outstanding. The filing does not report prior sales in the past three months and includes the standard representation about material nonpublic information. This appears to be a compliance disclosure for an insider selling vested equity rather than a material corporate event.
TL;DR: Disclosure aligns with routine insider compliance; no governance red flags are evident in the notice.
The notice identifies the broker, proposed sale date, and acquisition details of the securities as restricted stock units issued by the company. The filer affirms absence of undisclosed material information and references Rule 10b5-1 plan provisions. There are no reported gifts, contingent payments, or recent sales to suggest unusual transfer arrangements. From a governance perspective, the filing meets procedural requirements for reporting proposed insider sales.