CVS EVP surrenders shares for tax withholding
CVS Health EVP, CPO and General Counsel Samrat S. Khichi reported a tax-related share disposition.
Rhea-AI Filing Summary
CVS Health EVP, CPO and General Counsel Samrat S. Khichi reported a tax-related share disposition. On the vesting of a restricted stock unit award, 7,886 shares of common stock were surrendered at $79.60 per share to cover withholding taxes. After this transaction, he directly owns 29,775 shares of common stock and holds 25,608 shares of restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 7,886 shares
Exercise Price or Tax Liability
2 txns
Insider
Khichi Samrat S.
Role
EVP, CPO and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 7,886 | $79.60 | $628K |
| holding | Common Stock (Restricted) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 29,775 shares (Direct);
Common Stock (Restricted) — 25,608 shares (Direct)
Footnotes (1)
- F1. Surrender of shares in payment of withholding taxes due upon the vesting and settlement of a restricted stock unit award.
FAQ
What insider transaction did CVS (CVS) executive Samrat S. Khichi report?
Samrat S. Khichi reported surrendering 7,886 CVS common shares to pay withholding taxes upon vesting of a restricted stock unit award. This was a tax-withholding disposition, not an open-market sale, and relates to equity compensation settlement mechanics.
What are Samrat S. Khichi’s restricted stock holdings in CVS (CVS) after this filing?
Following the transaction, Samrat S. Khichi holds 25,608 shares of CVS restricted stock. These restricted shares typically vest over time or upon meeting conditions, separate from the 29,775 common shares he holds directly after the tax-related surrender.
Was the CVS (CVS) insider Form 4 a discretionary stock sale by Samrat S. Khichi?
The Form 4 reflects a tax-withholding disposition, not a discretionary sale. Shares were surrendered to satisfy withholding taxes due at vesting of a restricted stock unit award, as described in the footnote, rather than sold in an open-market transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.