CVS Health EVP receives equity grants, surrenders shares
CVS Health executive Samrat S. Khichi, EVP, CPO and General Counsel, received equity compensation and had shares withheld for taxes.
Rhea-AI Filing Summary
CVS Health executive Samrat S. Khichi, EVP, CPO and General Counsel, received equity compensation and had shares withheld for taxes. On March 31, 2026, he was granted 80,838 stock options with an exercise price of $71.82 per share, exercisable in three equal annual installments starting March 31, 2027 until expiration on March 31, 2036. He also received 12,531 restricted stock units under the 2017 Incentive Compensation Plan, with restrictions lapsing in three equal installments beginning March 31, 2027. On April 1, 2026, 3,541 shares of common stock at $72.49 per share were surrendered to pay withholding taxes upon RSU vesting, leaving him with 33,421 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Khichi Samrat S.
Role
EVP, CPO and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,541 | $72.49 | $257K |
| Grant/Award | Stock Option | 80,838 | $71.82 | $5.81M |
| Grant/Award | Common Stock (Restricted) | 12,531 | $71.82 | $900K |
Holdings After Transaction:
Stock Option — 80,838 contracts (Direct);
Common Stock (Restricted) — 38,139 shares (Direct);
Common Stock — 33,421 shares (Direct)
Footnotes (3)
- 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.
- F2. Surrender of shares in payment of withholding taxes due upon the vesting and settlement of restricted stock units.
- F3. Option becomes exercisable in three equal annual installments, commencing 3/31/2027.
Key Figures
Stock options granted: 80,838 options at $71.82/share
Restricted stock units granted: 12,531 RSUs
Shares surrendered for taxes: 3,541 shares at $72.49/share
+3 more
6 metrics
Stock options granted
80,838 options at $71.82/share
Grant on March 31, 2026; expire March 31, 2036
Restricted stock units granted
12,531 RSUs
Restrictions lapse in three installments starting March 31, 2027
Shares surrendered for taxes
3,541 shares at $72.49/share
Tax withholding upon RSU vesting on April 1, 2026
Common shares held after transactions
33,421 shares
Direct ownership following April 1, 2026 tax withholding
Option vesting start date
March 31, 2027
First of three equal annual installments
Option expiration date
March 31, 2036
Final date to exercise granted options
Key Terms
restricted stock units, 2017 Incentive Compensation Plan, withholding taxes, 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.
2017 Incentive Compensation Plan financial
"Consists of restricted stock units awarded pursuant to Issuer's 2017 Incentive Compensation Plan."
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.
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.
vesting and settlement financial
"withholding taxes due upon the vesting and settlement of restricted stock units."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stock option grant did CVS (CVS) executive Samrat Khichi receive?
Samrat Khichi received a grant of 80,838 stock options with an exercise price of $71.82 per share. These options vest in three equal annual installments starting March 31, 2027 and expire on March 31, 2036, aligning with long-term incentive compensation.
What restricted stock units did CVS (CVS) award to Samrat Khichi?
CVS awarded 12,531 restricted stock units to Samrat Khichi under its 2017 Incentive Compensation Plan. The restrictions on these units lapse in three equal installments, beginning on March 31, 2027, providing a deferred equity-based component to his overall compensation package.
When do Samrat Khichi’s CVS stock options become exercisable and expire?
The granted stock options become exercisable in three equal annual installments, starting on March 31, 2027. They have an expiration date of March 31, 2036, providing a multi-year window during which the options may be exercised, subject to plan terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
