New Cardinal Health (CAH) chair receives 381-share RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hall Patricia Hemingway reported acquisition or exercise transactions in this Form 4 filing.
Cardinal Health director Patricia Hemingway Hall reported an equity award rather than an open-market trade. She received 381 Common Shares in the form of additional RSUs in connection with her elevation to Chair of the Board, effective March 20, 2026, at a reference price of $207.83 per share. Following this grant, she directly holds 28,645 Common Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hall Patricia Hemingway
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 381 | $207.83 | $79K |
Holdings After Transaction:
Common Shares — 28,645 shares (Direct)
Footnotes (1)
- Ms. Hemingway Hall received a grant of additional RSUs in connection with her elevation to Chair of the Board, effective March 20, 2026. Price is closing share price on March 20, 2026, which is the date on which Ms. Hemingway Hall was elevated to Chair of the Board.
Key Figures
Equity grant size: 381 Common Shares
Reference share price: $207.83 per share
Shares held after grant: 28,645 Common Shares
+2 more
5 metrics
Equity grant size
381 Common Shares
RSU-related award to Patricia Hemingway Hall
Reference share price
$207.83 per share
Closing price on March 20, 2026 used for RSU grant
Shares held after grant
28,645 Common Shares
Direct holdings following the reported transaction
Effective date of Chair role
March 20, 2026
Date Patricia Hemingway Hall was elevated to Chair of the Board
Form 4 transaction date
April 15, 2026
Date of reported non-derivative acquisition
Key Terms
RSUs, Chair of the Board, Common Shares, Form 4
4 terms
RSUs financial
"Ms. Hemingway Hall received a grant of additional RSUs in connection with her elevation to Chair of the Board"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Chair of the Board financial
"her elevation to Chair of the Board, effective March 20, 2026"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Cardinal Health (CAH) director Patricia Hemingway Hall report in this Form 4 filing?
Patricia Hemingway Hall reported receiving 381 Common Shares as an equity award. The grant is tied to additional RSUs she received when she was elevated to Chair of the Board, reflecting compensation rather than an open-market stock purchase or sale.
What was the reference price used for Patricia Hemingway Hall’s Cardinal Health (CAH) RSU grant?
The RSU grant to Patricia Hemingway Hall used a reference price of $207.83 per share. According to the disclosure, this corresponds to the closing Cardinal Health share price on March 20, 2026, the date she was elevated to Chair of the Board.
Why did Patricia Hemingway Hall receive additional RSUs from Cardinal Health (CAH)?
Patricia Hemingway Hall received a grant of additional RSUs in connection with her elevation to Chair of the Board. The filing states that this appointment became effective March 20, 2026, and the equity award reflects compensation associated with her new leadership role.
Was Patricia Hemingway Hall’s Cardinal Health (CAH) Form 4 transaction a market purchase or sale?
The transaction reported was not a market purchase or sale. It was a grant of 381 Common Shares tied to additional RSUs awarded when she became Chair of the Board, representing compensation rather than a discretionary buy or sell in the open market.