Form 4: Cardinal Health Executive Reports Acquisition of Common Shares
SEC Form 4 Filing
Jessica L. Mayer, Chief Legal/Compliance Officer of Cardinal Health Inc., reports acquiring 41,780 common shares on August 13, 2024, and now beneficially owns 111,068 shares.
Summary
- Jessica L. Mayer, Chief Legal/Compliance Officer of Cardinal Health Inc., filed a Form 4 on August 14, 2024, reporting changes in beneficial ownership.
- On August 13, 2024, Mayer acquired 41,780 common shares at a price of $0, reflecting performance share units that will settle on August 15, 2024.
- Following the transaction, Mayer beneficially owns 111,068 common shares.
- The total number of shares reported as beneficially owned has been adjusted to reflect shares transferred pursuant to a domestic relations order.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding changes in beneficial ownership, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of stock ownership changes by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding the alignment of management's interests with those of shareholders.
Stakeholder Impact
- The disclosure provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 08/13/2024 | Date of transaction: Acquisition of 41,780 common shares. |
| 08/14/2024 | Date of Form 4 filing. |
| 08/15/2024 | Settlement date for performance share units. |
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