Form 4: Cardinal Health CFO Reports Stock Transactions

Cardinal Health's CFO, Aaron E. Alt, reports the acquisition and disposal of company shares, including transactions related to restricted stock units and tax obligations.

Summary

• On August 15, 2024, Aaron E. Alt, the CFO of Cardinal Health Inc., acquired 14,271 common shares through a grant of restricted stock units (RSUs) at $0.
• These RSUs vest in three equal annual installments starting August 15, 2025.
• On August 16, 2024, 2,481 shares were disposed of at $107.91 to cover tax withholding obligations related to the vesting of 5,531 RSUs.
• On August 19, 2024, Alt sold 2,323 shares at a weighted average price of $108.91.
• Following these transactions, Alt directly owns 36,867 common shares.
• The sales occurred at prices ranging from $108.82 to $108.99.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document primarily reports stock transactions, which are routine filings. The transactions themselves don't necessarily indicate a positive or negative outlook.

Positives

• The grant of restricted stock units to the CFO aligns his interests with the long-term performance of the company.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are closely watched by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• Shareholders may be interested in the CFO's transactions as an indicator of management's confidence in the company.

Key Dates