Chemed executive exercises 2,599 stock options
Chemed Corp executive Joel L. Wherley, CEO of Vitas Healthcare, exercised stock options for 2599.0000 shares of capital stock at $445.3500 per share on 2026-08-05.
Rhea-AI Filing Summary
Chemed Corp executive Joel L. Wherley, CEO of Vitas Healthcare, exercised stock options for 2599.0000 shares of capital stock at $445.3500 per share on 2026-08-05. The options, vesting in three equal annual installments commencing 10/28/2022, were fully exercised, leaving him with 30220.0000 direct shares. In a related transaction, 2270.0000 shares of capital stock at $542.6200 per share were withheld to cover the purchase price and tax obligation on the option exercise.
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Insider Trade Summary
2,599 shares exercised/converted
Exercise
3 txns
Insider
Wherley Joel L
Role
CEO - Vitas Healthcare
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy with tandem tax withholding) F2 | 2,599 | $445.35 | $1.16M |
| Exercise | Capital Stock | 2,599 | $445.35 | $1.16M |
| Tax Withholding | Capital Stock F1 | 2,270 | $542.62 | $1.23M |
Holdings After Transaction:
Stock Option (right to buy with tandem tax withholding) — 30,220 contracts (Direct);
Capital Stock — 1,181 shares (Direct)
Footnotes (2)
- F1. Payment of purchase price and tax obligation on stock option exercise.
- F2. Vesting in three equal annual installments commencing 10/28/2022.
Key Figures
Options exercised: 2599.0000 shares
Option exercise price: $445.3500 per share
Shares withheld for tax and purchase price: 2270.0000 shares
+3 more
6 metrics
Options exercised
2599.0000 shares
Stock Option (right to buy with tandem tax withholding) exercised on 2026-08-05
Option exercise price
$445.3500 per share
Exercise or conversion of derivative security for 2599.0000 underlying shares
Shares withheld for tax and purchase price
2270.0000 shares
Payment of purchase price and tax obligation on stock option exercise at $542.6200 per share
Withholding transaction price
$542.6200 per share
Tax-withholding disposition of 2270.0000 shares of capital stock
Shares held after transaction
30220.0000 shares
Direct ownership of capital stock following derivative exercise on 2026-08-05
Option expiration date
2026-10-28
Expiration date of the exercised stock option award
Key Terms
Stock Option (right to buy with tandem tax withholding), tax-withholding disposition, Capital Stock, derivative security, +1 more
5 terms
Stock Option (right to buy with tandem tax withholding) financial
"security_title: Stock Option (right to buy with tandem tax withholding)"
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.
Capital Stock financial
"underlying_security_title: Capital Stock"
Capital stock is the total set of shares that represent ownership in a company, including different classes such as common and preferred stock. Think of it as the number and types of slices in a company’s ownership pie: it matters to investors because it determines voting power, entitlement to dividends, and how a company’s value is divided per share, so changes in capital stock can dilute holdings or alter per‑share metrics.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Payment of purchase price and tax obligation financial
"Footnote: Payment of purchase price and tax obligation on stock option exercise."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CHE (Chemed Corp) disclose about Joel L. Wherley’s recent equity transactions?
Chemed Corp reported that Joel L. Wherley exercised stock options for 2599.0000 shares of capital stock at $445.3500 per share. A related transaction withheld 2270.0000 shares at $542.6200 per share to satisfy the purchase price and tax obligations.
What type of derivative security did Joel L. Wherley exercise at CHE?
Joel L. Wherley exercised a Stock Option (right to buy with tandem tax withholding) covering 2599.0000 underlying shares of capital stock at an exercise price of $445.3500 per share, with the option expiring on 2026-10-28.
How were taxes and purchase price handled for Joel L. Wherley’s CHE option exercise?
For this transaction, 2270.0000 shares of Chemed capital stock at $542.6200 per share were disposed of as a payment of purchase price and tax obligation on the stock option exercise, according to the accompanying footnote.
What does the vesting schedule look like for the CHE options exercised by Joel L. Wherley?
The exercised options are described as vesting in three equal annual installments commencing on 10/28/2022. By 2026-08-05, these installments had vested sufficiently to permit the full exercise of 2599.0000 options into capital stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
