Chemed Corp (CHE) legal chief exercises 6,786 options, withholds 5,878 shares
Rhea-AI Filing Summary
Chemed Corp executive Brian C. Judkins, VP and Chief Legal Officer, exercised stock options covering 6,786 shares of capital stock at an exercise price of $445.35 per share. The options, which vest in three equal annual installments beginning 10/28/2022, now leave him with 31,281 option-based shares outstanding. To fund the option purchase and related tax obligation, 5,878 shares of capital stock were delivered or withheld at $548.96 per share.
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Insider Trade Summary
Net Buyer: 908 shares
Net Buy
3 txns
Insider
Judkins Brian C
Role
VP and Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy with tandem tax withholding) F2 | 6,786 | $445.35 | $3.02M |
| Exercise | Capital Stock | 6,786 | $445.35 | $3.02M |
| Tax Withholding | Capital Stock F1 | 5,878 | $548.96 | $3.23M |
Holdings After Transaction:
Stock Option (right to buy with tandem tax withholding) — 31,281 shares (Direct);
Capital Stock — 3,344 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: 6,786 shares
Exercise Price: $445.35 per share
Shares Delivered/Withheld: 5,878 shares
+3 more
6 metrics
Options Exercised
6,786 shares
Stock options exercised for Chemed Corp capital stock
Exercise Price
$445.35 per share
Exercise or conversion price of stock options
Shares Delivered/Withheld
5,878 shares
Shares used to pay purchase price and tax obligation
Withholding Price
$548.96 per share
Per-share value of shares delivered or withheld
Remaining Options
31,281 shares
Option-based shares remaining after exercise
Option Expiration
10/28/2026
Expiration date of the exercised stock option award
Key Terms
Stock Option, tandem tax withholding, Capital Stock, vesting, +1 more
5 terms
Stock Option financial
"Stock Option (right to buy with tandem tax withholding)"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
tandem tax withholding financial
"Stock Option (right to buy with tandem tax withholding)"
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.
vesting financial
"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.
tax obligation financial
"Payment of purchase price and tax obligation on stock option exercise."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Chemed Corp (CHE) executive Brian C. Judkins report in this Form 4?
Brian C. Judkins reported exercising 6,786 stock options for Chemed Corp capital stock and related share withholdings. The filing shows an option exercise at $445.35 per share and a separate disposition of 5,878 shares to cover purchase price and taxes.
How many Chemed Corp (CHE) stock options did Brian C. Judkins exercise?
He exercised stock options covering 6,786 shares of Chemed Corp capital stock. These options carried an exercise price of $445.35 per share and were part of an award vesting in three equal annual installments starting on 10/28/2022.
At what prices were Brian C. Judkins’ Chemed Corp (CHE) transactions executed?
The options were exercised at $445.35 per share. Separately, 5,878 shares of capital stock were delivered or withheld at $548.96 per share to pay the option purchase price and associated tax obligation linked to the exercise.
How many Chemed Corp (CHE) options does Brian C. Judkins hold after this transaction?
Following the reported transactions, Brian C. Judkins continues to hold options relating to 31,281 shares of Chemed Corp capital stock. This figure reflects remaining derivative holdings after exercising 6,786 options on the reported date.
When do Brian C. Judkins’ Chemed Corp (CHE) options vest and expire?
The stock options exercised vest in three equal annual installments commencing on 10/28/2022. The option award carrying the 6,786 exercised options has an expiration date of 10/28/2026, as indicated in the derivative transaction details.