Cardinal Health (NYSE: CAH) exec has 29,759 shares withheld for taxes
Rhea-AI Filing Summary
CARDINAL HEALTH INC (CAH) reported insider equity activity by Deborah Weitzman, CEO of the PSS Segment. She received a grant of 7,314 Common Shares tied to restricted share units that vest in three equal annual installments beginning on August 15, 2027. On the same date, 29,759 Common Shares were withheld at $235.17 per share to satisfy her tax withholding obligations arising from the vesting of 12,661 RSUs and 54,823 performance share units. These transactions were not reported as occurring under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 22,445 shares
Net Sell
2 txns
Insider
WEITZMAN DEBORAH
Role
CEO, PSS Segment
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares F1 | 7,314 | $0.00 | $0.00 |
| Tax Withholding | Common Shares F2, F3 | 29,759 | $235.17 | $7.00M |
Holdings After Transaction:
Common Shares — 85,255 shares (Direct)
Footnotes (3)
- F1. Grant of restricted share units ("RSUs") that vest in three equal annual installments beginning on August 15, 2027.
- F2. Represents withholding of shares to satisfy tax withholding obligations of the reporting person in connection with the vesting of 12,661 RSUs and 54,823 performance share units.
- F3. Reflects closing price on prior business day.
Key Figures
Shares granted: 7,314 Common Shares
Grant price per share: $0.0000 per share
Shares withheld for taxes: 29,759 Common Shares
+3 more
6 metrics
Shares granted
7,314 Common Shares
Grant/award acquisition on August 15, 2026 for restricted share units
Grant price per share
$0.0000 per share
Reported price for the 7,314-share award transaction
Shares withheld for taxes
29,759 Common Shares
Code F disposition on August 15, 2026 to satisfy tax withholding obligations
Withholding valuation price
$235.17 per share
Closing price on prior business day used for 29,759-share tax withholding
RSUs vested
12,661 RSUs
Number of restricted share units vesting that triggered tax withholding
Performance share units vested
54,823 performance share units
Performance share units vesting that contributed to tax withholding event
Key Terms
restricted share units ("RSUs"), performance share units, withholding of shares, tax withholding obligations, +1 more
5 terms
tax withholding obligations financial
"to satisfy tax withholding obligations of the reporting person"
closing price financial
"Reflects closing price on prior business day."
FAQ
What insider transactions did CAH executive Deborah Weitzman report on this Form 4?
Deborah Weitzman reported a grant of 7,314 Common Shares related to restricted share units and a withholding of 29,759 Common Shares to cover tax obligations from vesting RSUs and performance share units.
Were Deborah Weitzman’s CAH insider transactions under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5‑1 checkbox is not checked, meaning these reported transactions were not designated as occurring under a Rule 10b5‑1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.