[144] Wayfair Inc. SEC Filing

Rhea-AI Filing Summary

Cardinal Health, Inc. (CAH) filed a Form 4 indicating that Chief Executive Officer Jason M. Hollar had 5,821 common shares automatically withheld on 06/30/2025 to cover tax obligations arising from the deferred settlement of previously awarded performance share units (transaction code “F”). The price recorded for the withholding was $167.18 per share, representing an aggregate value of roughly $0.97 million. After the transaction, Hollar’s direct ownership stands at 191,815 shares.

This is an administrative, non-open-market transaction. No shares were purchased or sold for investment purposes, and there is no indication of a change in the CEO’s long-term stake. The filing therefore carries minimal fundamental or market impact, serving primarily to update compliance records under Section 16(a).

Insights

Insider-Trading Analyst

TL;DR Routine tax-withholding; CEO still holds ~192k shares—little investment signal.

The Form 4 shows a standard Rule 10b5-1 tax-withholding event. Code “F” denotes shares withheld to satisfy statutory taxes when performance units convert to stock, so no discretionary sale occurred. While the $0.97 million figure may seem large, the CEO retains a sizable equity position worth roughly $32 million at the transaction price, maintaining alignment with shareholders. Because it is not an open-market disposition, historical data suggest such moves have negligible correlation with future price performance. Impact on valuation multiples, earnings outlook, or capital-allocation policy is nil.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	21963	1142265.95	103657178	06/30/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	01/01/2002	Founders Shares	Issuer			21963	01/01/2002	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Conine Family Foundation 4 Copley Place Boston MA 02116	Class A	04/10/2025	4000	111200.00
Conine Family Foundation 4 Copley Place Boston MA 02116	Class A	05/12/2025	4000	152000.00
Steven K. Conine 4 Copley Place Boston MA 02116	Class A	05/12/2025	9798	392137.80
Steven K. Conine 4 Copley Place Boston MA 02116	Class A	05/13/2025	4861	195013.71
Steven K. Conine 4 Copley Place Boston MA 02116	Class A	05/14/2025	2246	89857.23
Steven K. Conine 4 Copley Place Boston MA 02116	Class A	05/27/2025	73095	2952812.66
Conine Family Foundation 4 Copley Place Boston MA 02116	Class A	06/10/2025	4000	190400.00
Steven K. Conine 4 Copley Place Boston MA 02116	Class A	06/20/2025	30000	1482908.83

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Cardinal Health (CAH) shares were involved in the CEO's Form 4 filing?

5,821 common shares were withheld to satisfy tax obligations.

What was the transaction price for the withheld CAH shares?

The shares were valued at $167.18 per share, the closing price on the prior business day.

How many CAH shares does CEO Jason M. Hollar own after the transaction?

He directly owns 191,815 shares following the withholding.

What does transaction code “F” mean in a Form 4?

Code “F” indicates shares withheld solely to pay withholding taxes; it is not an open-market sale.

Does the Form 4 suggest bullish or bearish sentiment by Cardinal Health's CEO?

Because the shares were withheld for taxes, the filing is neutral and does not signal sentiment.