[Form 4] Cardinal Health, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 disclosure from Cardinal Health, Inc. (CAH) reports that Snow Ola M, the companys Chief Human Resources Officer, filed a change in beneficial ownership on 08/12/2025. The filing documents transactions in common shares tied to performance-based awards and is marked as a filing by one reporting person.

The tabular section lists the numeric entries 31,813 and 55,351 and shows a price of $0. The filing explicitly states these figures reflect performance share units that will settle on August 15, 2025. The form is signed by /s/ James E. Barnett, Attorney-in-fact dated 08/12/2025.

Insights

Financial Analyst

TL;DR: Routine Section 16 disclosure of performance-based equity for a senior officer; limited immediate market impact visible in the filing.

The Form 4 documents a change in beneficial ownership by Snow Ola M, CHRO of Cardinal Health (CAH), with transaction date 08/12/2025. The table includes the figures 31,813 and 55,351 and a $0 price, and the filer explains these are performance share units that will settle on August 15, 2025. This is a standard compensation-related disclosure rather than a cash sale or external acquisition; the filing provides necessary transparency but does not, on its face, present material operational or financial information beyond the reported equity change.

Corporate Governance Expert

TL;DR: Standard insider reporting consistent with Section 16 obligations; timely settlement date is disclosed and form is properly signed.

The filing identifies the reporting persons role as Chief Human Resources Officer and confirms the Form 4 was filed by one reporting person. The explanatory note that the entries "reflect performance share units that will settle on August 15, 2025" clarifies the nature and timing of the award. The signature block shows an attorney-in-fact executed the filing on 08/12/2025, indicating the report was submitted under appropriate authorization. From a governance perspective, the disclosure meets routine transparency expectations for officer equity movements.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Snow Ola M

(Last) (First) (Middle)

7000 CARDINAL PLACE

(Street)

DUBLIN OH 43017

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CARDINAL HEALTH INC [ CAH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Human Resources Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	08/12/2025		A(1)		31,813	A	$0	55,351	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects performance share units that will settle on August 15, 2025.

Remarks:

	/s/ James E. Barnett, Attorney-in-fact	08/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Cardinal Health (CAH) report in this Form 4?

The Form 4 reports a change in beneficial ownership by Snow Ola M on 08/12/2025 related to performance-based equity; the filing notes these are performance share units that will settle on August 15, 2025.

Who is the reporting person on this Form 4 for CAH?

The reporting person is Snow Ola M, identified in the filing as the companys Chief Human Resources Officer.

What amounts and price are shown in the filing?

The tabular section shows the numeric entries 31,813 and 55,351 and lists a price of $0; the filing states these reflect performance share units that will settle on August 15, 2025.

When will the reported performance share units settle?

The filing explicitly states the performance share units will settle on August 15, 2025.

Who signed and filed the Form 4 for this transaction?

The Form 4 is signed as /s/ James E. Barnett, Attorney-in-fact with the signing date of 08/12/2025.