[Form 4] DAVITA INC. Insider Trading Activity

Rhea-AI Filing Summary

David Paul Maughan, Chief Operating Officer of DaVita Inc. (DVA), reported a transaction on 09/22/2025. The filing shows 7,501 shares of common stock were disposed of at a price of $130.16 per share through withholding to satisfy tax obligations. Those withheld shares represent 50% of 17,145 restricted stock units that vested for the reporting person from a grant dated September 22, 2022. After the withholding, the reporting person beneficially owns 122,266 shares. The form was signed by an attorney-in-fact on behalf of the reporting person.

Positive

• Insider retained significant stake: Reporting person still beneficially owns 122,266 shares after withholding.
• Transaction was administrative: Shares were withheld to satisfy tax obligations on vested RSUs rather than sold on market.

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine tax-withholding on RSU vesting; not a signal of discretionary sale or governance issue.

The Form 4 documents tax-related withholding of 7,501 shares upon vesting of 17,145 restricted stock units awarded in 2022. This is a common administrative disposition to satisfy tax obligations and does not indicate an open-market sale. The reporting person remains a significant insider with 122,266 shares beneficially owned, preserving alignment with shareholders.

Securities Analyst

TL;DR: Transaction is administrative and immaterial to company operations or capital structure.

The transaction code and explanation indicate shares were withheld to satisfy tax withholding on vested RSUs. The withheld amount (7,501 shares at $130.16) reduces the insider's outstanding shares but does not introduce new supply to the market. No derivative activity or additional dispositions are reported in this filing.

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
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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^*

Maughan David Paul

(Last) (First) (Middle)

C/O DAVITA INC.

2000 16TH STREET

(Street)

DENVER CO 80202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DAVITA INC. [ DVA ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer, DKC

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	09/22/2025		F		7,501(1)	D	$130.16	122,266	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

Explanation of Responses:

1. Shares withheld from issuance to satisfy tax withholding obligation in connection with the vesting of 17,145 shares, which represents 50% of the restricted stock units granted to the Reporting Person on September 22, 2022.

Remarks:

	/s/ Stephanie N. Berberich, Attorney-in-Fact	09/23/2025
	** 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.

FAQ

What did DaVita insider David Paul Maughan report on Form 4 (DVA)?

The Form 4 reports 7,501 shares withheld at $130.16 per share on 09/22/2025 to satisfy tax withholding for vested RSUs.

How many RSUs vested and what portion was withheld?

17,145 restricted stock units vested and 50% (7,501 shares withheld) were used to satisfy tax obligations.

What is the reporting person’s beneficial ownership after the transaction?

After the withholding, the reporting person beneficially owns 122,266 shares.

Was this Form 4 an open-market sale or a tax-withholding event?

This was a tax-withholding event in connection with RSU vesting, not an open-market sale.

Who signed the Form 4 and when?

The filing was signed by Stephanie N. Berberich, Attorney-in-Fact on 09/23/2025.