Form 4: Cardinal Health Executive Jessica L. Mayer Sells 16,573 Shares
SEC Form 4 Filing
Jessica L. Mayer, Chief Legal/Compliance Officer of Cardinal Health Inc., sold 16,573 shares of common stock at an average price of $109.39 on August 21, 2024.
Summary
- On August 21, 2024, Jessica L. Mayer, the Chief Legal/Compliance Officer of Cardinal Health Inc., sold 16,573 shares of the company's common stock.
- The sale was executed at a weighted average price of $109.39 per share.
- The prices for individual transactions ranged from $109.17 to $109.63.
- Following the transaction, Mayer directly owns 75,971 shares of Cardinal Health Inc.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it's a common practice and doesn't necessarily indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 08/21/2024 | Date of transaction: Jessica L. Mayer sold 16,573 shares of Cardinal Health Inc. |
| 08/22/2024 | Date of report: Form 4 filing date. |
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