Chemed (NYSE: CHE) CEO sells 2,000 shares after exercising stock options
Rhea-AI Filing Summary
Chemed Corp president and CEO Kevin J. McNamara reported an option exercise and related share dispositions. He exercised stock options for 2,001 shares at $445.35 and sold 2,000 shares of capital stock at a weighted average $539.51. An additional 19,802 shares were withheld to pay the option purchase price and related tax obligations. After the derivative transaction, he directly held 264,158 stock options.
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Insights
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Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
MCNAMARA KEVIN J
Role
president and CEO
Sold
2,000 shs ($1.08M)
Approx. gross sale proceeds
$1.08M
Approx. exercise cost
$891K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy with tandem tax withholding) F3 | 2,001 | $445.35 | $891K |
| Sale | Capital Stock F2 | 2,000 | $539.51 | $1.08M |
| Exercise | Capital Stock | 2,001 | $445.35 | $891K |
| Tax Withholding | Capital Stock F1 | 19,802 | $529.22 | $10.48M |
Holdings After Transaction:
Stock Option (right to buy with tandem tax withholding) — 264,158 shares (Direct);
Capital Stock — 70,418 shares (Direct)
Footnotes (3)
- F1. Payment of purchase price and tax obligation on stock option exercise.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $533.59 to $543.50. The reporting person undertakes to provide to Chemed Corporation, any security holder of Chemed Corporation, or staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) of this Form 4.
- F3. Vesting in three equal annual installments commencing 10/28/2022.
Key Figures
Options exercised: 2,001 shares
Exercise price: $445.35 per share
Shares sold: 2,000 shares
+3 more
6 metrics
Options exercised
2,001 shares
Stock options exercised into capital stock at $445.35 per share
Exercise price
$445.35 per share
Strike price for 2,001-share stock option exercise
Shares sold
2,000 shares
Capital stock sale on 2026-08-03 at weighted average $539.51
Sale price range
$533.59–$543.50
Price range of multiple sale transactions included in weighted average
Tax and purchase withholding
19,802 shares
Shares delivered/withheld to pay option purchase price and related tax obligation
Options held after transaction
264,158 options
Stock options directly held following the reported derivative exercise
Key Terms
Stock Option (right to buy with tandem tax withholding), weighted average price, tax-withholding disposition, Payment of tax liability by delivering or withholding securities
4 terms
Stock Option (right to buy with tandem tax withholding) financial
"Security titled "Stock Option (right to buy with tandem tax withholding)""
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description": "Payment of tax liability by delivering or withholding securities""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did CHE CEO Kevin McNamara report in this Form 4?
Kevin McNamara reported exercising stock options for 2,001 shares at $445.35, selling 2,000 shares of Chemed Corp capital stock, and having 19,802 shares withheld to cover the purchase price and taxes related to the option exercise.
What option exercise did the CHE CEO report and at what strike price?
McNamara exercised stock options covering 2,001 underlying shares of Chemed Corp capital stock at an exercise price of $445.35 per share. The options are described as a Stock Option (right to buy with tandem tax withholding) and were part of a previously granted award.
How many CHE stock options does Kevin McNamara hold after these transactions?
Following the reported derivative transaction, McNamara directly held 264,158 stock options linked to Chemed Corp capital stock. This figure reflects his remaining option position in the specific option series reported, not necessarily all equity awards he may hold.
What does the vesting footnote say about the CHE CEO’s stock options?
A footnote explains that the reported stock option award vests in three equal annual installments commencing 10/28/2022. This schedule describes how the grant becomes exercisable over time, aligning with typical multi-year executive equity compensation structures at public companies like Chemed Corp (CHE).