Form 4: Cardinal Health CFO Alt Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Cardinal Health's CFO, Aaron E. Alt, sold shares to cover tax obligations related to vesting restricted share units.
Summary
- On February 15, 2025, Aaron E. Alt, the Chief Financial Officer of Cardinal Health Inc., engaged in a transaction involving the company's common shares.
- Alt disposed of 1,919 common shares to satisfy tax withholding obligations related to the vesting of 4,242 restricted share units.
- The transaction was executed at a price of $126.21 per share.
- Following the transaction, Alt beneficially owns 34,948 common shares.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction to cover tax obligations, not indicative of a change in the executive's confidence in the company.
Industry Context
Form 4 filings are routine and provide transparency into the trading activities of company insiders, allowing investors to track management's sentiment and alignment with shareholder interests. This transaction is a standard practice for covering tax obligations related to equity compensation.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of transaction: CFO Aaron E. Alt disposed of shares to cover tax obligations. |
| 02/18/2025 | Date of signature by Attorney-in-fact James E. Barnett. |
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