CVS Health (CVS) director Larry Robbins granted 1,930 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CVS Health Corp director Larry Robbins reported an acquisition of deferred stock units as part of non-employee director compensation. He received 1,930.0051 deferred stock units valued at $97.15 per unit, bringing his direct holdings of deferred stock units to 10,147.6418.
The award reflects a deferral of a semi-annual retainer under CVS Health’s 2017 Incentive Compensation Plan. Each deferred stock unit is designed to convert into one share of common stock, issuable when Robbins retires from the CVS Health Board of Directors, consistent with his deferral election.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROBBINS LARRY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,930.005 | $97.15 | $187K |
Holdings After Transaction:
Deferred Stock Units — 10,147.642 shares (Direct, null)
Footnotes (1)
- Consists of deferred stock units issued for deferral of a semi-annual retainer in connection with the Issuer's non-employee director compensation policy, valued at the market price, pursuant to the 2017 Incentive Compensation Plan. Consists of deferred stock units, each to be converted into one share of common stock and issued upon the Reporting Person's retirement from the Issuer's Board of Directors, as elected by the Reporting Person.
Key Figures
Deferred stock units granted: 1,930.0051 units
Grant valuation price: $97.15 per unit
Total deferred stock units after grant: 10,147.6418 units
+1 more
4 metrics
Deferred stock units granted
1,930.0051 units
Director compensation grant on 2026-05-14
Grant valuation price
$97.15 per unit
Market price used for semi-annual retainer deferral
Total deferred stock units after grant
10,147.6418 units
Direct holdings following reported transaction
Conversion ratio
1 unit = 1 share
Each deferred stock unit converts into one CVS common share at retirement
Key Terms
Deferred Stock Units, semi-annual retainer, 2017 Incentive Compensation Plan, non-employee director compensation policy, +1 more
5 terms
Deferred Stock Units financial
"Consists of deferred stock units issued for deferral of a semi-annual retainer"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
semi-annual retainer financial
"issued for deferral of a semi-annual retainer in connection with the Issuer's non-employee director compensation policy"
2017 Incentive Compensation Plan financial
"valued at the market price, pursuant to the 2017 Incentive Compensation Plan"
non-employee director compensation policy financial
"in connection with the Issuer's non-employee director compensation policy"
FAQ
What insider transaction did CVS (CVS) director Larry Robbins report?
Larry Robbins reported receiving deferred stock units as director compensation. He was granted 1,930.0051 deferred stock units tied to a semi-annual retainer, under CVS Health’s 2017 Incentive Compensation Plan, increasing his total deferred stock unit holdings to 10,147.6418.
How many CVS (CVS) deferred stock units did Larry Robbins acquire?
Larry Robbins acquired 1,930.0051 deferred stock units. These units represent deferred compensation for a semi-annual director retainer, valued at the market price of $97.15 per unit on the grant date, under CVS Health’s 2017 Incentive Compensation Plan.
What is Larry Robbins’ total CVS (CVS) deferred stock unit holding after this grant?
After the grant, Larry Robbins directly holds 10,147.6418 deferred stock units. This total reflects the new 1,930.0051-unit award added to his prior balance, as reported in the Form 4 insider filing for CVS Health Corp.
When will Larry Robbins’ CVS (CVS) deferred stock units convert into common stock?
Each deferred stock unit will convert into one share of CVS common stock upon Larry Robbins’ retirement from the Board. This timing is based on his election under the company’s non-employee director compensation policy and 2017 Incentive Compensation Plan.
How are CVS (CVS) deferred stock units for Larry Robbins valued?
The deferred stock units are valued at the market price of CVS common stock on the grant date. For this award, 1,930.0051 units were valued at $97.15 per unit, representing the deferred portion of a semi-annual director retainer.