Cardinal Health (CAH) GMPD CEO reports 595 shares withheld for RSU taxes
Rhea-AI Filing Summary
Cardinal Health Inc. executive reports routine share withholding for taxes. The CEO of the GMPD segment filed a Form 4 reporting that on 12/01/2025, 595 Cardinal Health common shares were withheld at a price of $212.26 per share to cover tax obligations related to restricted share units. After this transaction, the reporting person beneficially owned 25,490 common shares directly. The filing notes that this was a non-open-market transaction classified under code "F," meaning it reflects shares withheld by the company rather than a discretionary sale in the market.
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FAQ
What insider transaction did Cardinal Health (CAH) disclose in this Form 4?
The CEO of Cardinal Health's GMPD segment reported that 595 common shares were withheld on 12/01/2025 to satisfy tax withholding obligations tied to restricted share units.
Was the Cardinal Health (CAH) Form 4 transaction an open-market sale?
No. The transaction is coded "F," indicating shares were withheld by the company to cover taxes on equity awards, not sold in an open market trade.
At what price were the Cardinal Health (CAH) shares valued for the tax withholding?
The 595 withheld shares were valued at $212.26 per share, which the filing states was the closing share price on the prior business day.
How many Cardinal Health (CAH) shares does the reporting person own after this transaction?
Following the tax withholding transaction, the reporting person directly beneficially owned 25,490 shares of Cardinal Health common stock.
Who is the reporting person in this Cardinal Health (CAH) Form 4?
The reporting person is an officer of Cardinal Health, serving as CEO of the GMPD segment, and is required to report changes in beneficial ownership of company stock.
Why were Cardinal Health (CAH) shares withheld instead of paying cash for taxes?
The filing explains that the 595 shares represent withholding to satisfy tax obligations in connection with restricted share units, a common method for handling taxes on stock-based compensation.