CVS HEALTH Corp Insider Trading Activity

CVS Health executive Steven H. Nelson, EVP and President of Aetna, reported routine equity compensation and related tax withholding.

Accepted by SEC EDGAR 04/02/2026 - 04:56 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

CVS Health executive Steven H. Nelson, EVP and President of Aetna, reported routine equity compensation and related tax withholding. He received a stock option grant for 143,712 shares of common stock at $71.82 per share, exercisable in three equal annual installments beginning March 31, 2027 and expiring in 2036. He was also awarded 22,277 restricted shares, with restrictions lapsing in three equal installments starting March 31, 2027. To cover withholding taxes on vesting and settlement of restricted stock units, 2,432 common shares were surrendered, leaving him with 2,900 common shares directly held and 43,606 restricted shares reported after the award.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Nelson Steven H

Role EVP and President, Aetna

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	2,432	$72.49	$176K
Grant/Award	Stock Option	143,712	$71.82	$10.32M
Grant/Award	Common Stock (Restricted)	22,277	$71.82	$1.60M

Holdings After Transaction: Stock Option — 143,712 contracts (Direct); Common Stock (Restricted) — 43,606 shares (Direct); Common Stock — 2,900 shares (Direct)

Holdings Before and After: Stock Option, 0 to 143,712 contracts (Direct); Common Stock (Restricted), 21,329 to 43,606 shares (Direct); Common Stock, 5,332 to 2,900 shares (Direct)

Footnotes (3)

1. F1. Consists of restricted stock units awarded pursuant to Issuer's 2017 Incentive Compensation Plan. Restrictions lapse in three equal installments, commencing 3/31/2027.
2. F2. Surrender of shares in payment of withholding taxes due upon the vesting and settlement of restricted stock units.
3. F3. Option becomes exercisable in three equal annual installments, commencing 3/31/2027.

Key Figures

Stock options granted: 143,712 shares Option exercise price: $71.82/share Option expiration: March 31, 2036 +5 more

8 metrics

Stock options granted 143,712 shares Stock option award at $71.82 per share on March 31, 2026

Option exercise price $71.82/share Conversion or exercise price for 143,712 stock options

Option expiration March 31, 2036 Expiration date of stock options granted to Steven H. Nelson

Restricted shares granted 22,277 shares Common Stock (Restricted) award on March 31, 2026

Restricted stock vesting start March 31, 2027 Restrictions lapse in three equal installments from this date

Shares surrendered for tax 2,432 shares Common Stock surrendered at $72.49 to cover withholding taxes

Common shares after transaction 2,900 shares Total CVS common stock directly held after tax-withholding disposition

Restricted shares after award 43,606 shares Total Common Stock (Restricted) reported after new grant

Key Terms

restricted stock units, withholding taxes, 2017 Incentive Compensation Plan, stock option, +1 more

5 terms

restricted stock units financial

"Consists of restricted stock units awarded pursuant to Issuer's 2017 Incentive Compensation Plan."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

withholding taxes financial

"Surrender of shares in payment of withholding taxes due upon the vesting and settlement of restricted stock units."

Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

2017 Incentive Compensation Plan financial

"Consists of restricted stock units awarded pursuant to Issuer's 2017 Incentive Compensation Plan."

stock option financial

"Option becomes exercisable in three equal annual installments, commencing 3/31/2027."

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.

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.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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^*

Nelson Steven H

(Last) (First) (Middle)

ONE CVS DRIVE

(Street)

WOONSOCKET RHODE ISLAND 02895

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CVS HEALTH Corp [ CVS ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and President, Aetna

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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
Common Stock (Restricted)	03/31/2026		A(1)		22,277	A	$71.82	43,606	D
Common Stock	04/01/2026		F(2)		2,432	D	$72.49	2,900	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(3)	$71.82	03/31/2026		A		143,712		03/31/2027	03/31/2036	Common Stock	143,712	$71.82	143,712	D

Explanation of Responses:

1. Consists of restricted stock units awarded pursuant to Issuer's 2017 Incentive Compensation Plan. Restrictions lapse in three equal installments, commencing 3/31/2027.

2. Surrender of shares in payment of withholding taxes due upon the vesting and settlement of restricted stock units.

3. Option becomes exercisable in three equal annual installments, commencing 3/31/2027.

	/s/ Steven H. Nelson	04/02/2026
	** 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)