Cardinal Health (NYSE: CAH) accounting chief sells 2,302 shares
Rhea-AI Filing Summary
CARDINAL HEALTH INC (CAH) reported that Chief Accounting Officer Mary C. Scherer sold a total of 2,302 Common Shares on 2026-08-19 in open market or private transactions. The sales occurred in two tranches: 100 shares at $237.40 per share and 2,202 shares at $237.39 per share. The filing does not state her share holdings after these transactions, and the Rule 10b5-1 checkbox was left unchecked.
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 2,302 shares
Net Sell
2 txns
Insider
Scherer Mary C.
Role
Chief Accounting Officer
Sold
2,302 shs ($546K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 100 | $237.40 | $24K |
| Sale | Common Shares | 2,202 | $237.39 | $523K |
Holdings After Transaction:
Common Shares — 2,811 shares (Direct)
Key Figures
Total shares sold: 2,302 Common Shares
Sale price per share (first tranche): $237.40 per share
Sale price per share (second tranche): $237.39 per share
+1 more
4 metrics
Total shares sold
2,302 Common Shares
Aggregate shares sold by Mary C. Scherer on 2026-08-19
Sale price per share (first tranche)
$237.40 per share
100 Common Shares sold on 2026-08-19
Sale price per share (second tranche)
$237.39 per share
2,202 Common Shares sold on 2026-08-19
Number of sale transactions
2
Two non-derivative sales of Common Shares reported
Key Terms
Form 4, Rule 10b5-1, open market or private transaction
3 terms
Form 4 regulatory
"What insider transaction did CAH report for Mary C. Scherer on this 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.
Rule 10b5-1 regulatory
"the Rule 10b5-1 checkbox was left unchecked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transaction did CAH report for Mary C. Scherer on this Form 4?
The report shows that Chief Accounting Officer Mary C. Scherer sold 2,302 Common Shares of CARDINAL HEALTH INC (CAH) on 2026-08-19 in open market or private transactions.
Does this CAH Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The document-level Rule 10b5-1 checkbox is unchecked, so the reported sales by Mary C. Scherer are not affirmed as being made under a Rule 10b5-1 trading plan.
What is Mary C. Scherer’s role at CARDINAL HEALTH INC (CAH)?
Mary C. Scherer is identified in the Form 4 as the company’s Chief Accounting Officer, and she is the reporting person for the insider sales disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.