Form 4: Cardinal Health Chief Accounting Officer Sells Shares

Cardinal Health's Chief Accounting Officer, Mary C. Scherer, sold 3,504 common shares at a weighted average price of $123.55 on November 14, 2024.

Summary

• Mary C. Scherer, the Chief Accounting Officer of Cardinal Health Inc., sold 3,504 common shares of the company on November 14, 2024.
• The shares were sold at a weighted average price of $123.55.
• The sale was executed in multiple transactions with prices ranging from $123.54 to $123.58.
• Following the transaction, Ms. Scherer beneficially owns 8,752 common shares of Cardinal Health.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider transaction. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the transactions of company officers.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• The sale of shares by a company officer is a common occurrence and does not necessarily indicate a negative outlook for the company.

Stakeholder Impact

• The sale of shares by a company officer may be of interest to shareholders, but it is a routine transaction and does not necessarily indicate a change in the company's outlook.

Key Dates

Keywords

Cardinal Health, insider trading, share sale, common stock, Mary C. Scherer, Chief Accounting Officer