Chemed EVP Spencer S. Lee exercises 12,099 options

CHEMED CORP's executive vice president reported a sequence including 12,099 shares acquired and 11,160 shares delivered or withheld for exercise costs and tax.

Rhea-AI Filing Summary

CHEMED CORP executive vice president Spencer S. Lee reported exercising stock options for 12,099 shares of capital stock on September 30, 2026, at an exercise price of $445.35 per share. He acquired 12,099 shares of capital stock, while 11,160 shares were delivered or withheld to pay the purchase price and tax obligation on the exercise. He reported 16,097 options following the transaction; those options expire October 28, 2026.

Insider Trade Summary

12,099 shares exercised/converted

Exercise 3 txns

Insider LEE SPENCER S

Role executive vice president

Type	Security	Shares	Price	Value
Exercise	Stock Option (right to buy with tandem tax withholding) F2	12,099	$445.35	$5.39M
Exercise	Capital Stock	12,099	$445.35	$5.39M
Tax Withholding	Capital Stock F1	11,160	$508.93	$5.68M

Holdings After Transaction: Stock Option (right to buy with tandem tax withholding) — 16,097 contracts (Direct); Capital Stock — 14,851 shares (Direct)

Footnotes (2)

1. F1. Payment of purchase price and tax obligation on stock option exercise.
2. F2. Vesting in three equal annual installments commencing 10/28/2022.

Key Figures

Options exercised: 12,099 options Exercise price: $445.35 per share Capital stock acquired: 12,099 shares +3 more

6 metrics

Options exercised 12,099 options September 30, 2026

Exercise price $445.35 per share Options exercised September 30, 2026

Capital stock acquired 12,099 shares September 30, 2026

Shares delivered or withheld 11,160 shares Payment of purchase price and tax obligation on option exercise

Options following transaction 16,097 options Reported following the September 30, 2026 transaction

Option expiration date October 28, 2026 Stock option

Key Terms

tandem tax withholding, vesting, exercise price

3 terms

tandem tax withholding technical

"Stock Option (right to buy with tandem tax withholding)"

vesting technical

"Vesting in three equal annual installments commencing 10/28/2022."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

exercise price financial

"Stock option exercise at $445.3500 per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What option exercise and share transactions did CHE report?

Spencer S. Lee exercised options for 12,099 shares on September 30, 2026, at $445.35 per share, and acquired 12,099 shares of capital stock. Another 11,160 shares were delivered or withheld to pay the purchase price and tax obligation on the exercise.

What were the vesting terms for the CHE stock options?

The stock options vested in three equal annual installments commencing October 28, 2022.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/01/2026 - 01:07 PM Accepted by SEC EDGAR 10/01/2026 - 01:06 PM Learn about SEC filing dates

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^*

LEE SPENCER S

(Last) (First) (Middle)

2500 CHEMED CENTER

255 EAST 5TH STREET

(Street)

CINCINNATI OHIO 45202

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CHEMED CORP [ CHE ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	executive vice president

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026

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

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

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

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
Capital Stock	09/30/2026		M		12,099	A	$445.35	26,011	D
Capital Stock	09/30/2026		F(1)		11,160	D	$508.93	14,851	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
Stock Option (right to buy with tandem tax withholding)	$445.35	09/30/2026		M			12,099	(2)	10/28/2026	Capital Stock	12,099	$445.35	16,097	D

Explanation of Responses:

1. Payment of purchase price and tax obligation on stock option exercise.

2. Vesting in three equal annual installments commencing 10/28/2022.

	Spencer S. Lee	10/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)