Form 4: Cardinal Health Officer Sells Shares for Tax Obligations
Insider Transaction Report
Cardinal Health's Chief Accounting Officer, Mary C. Scherer, disposed of 61 common shares to cover tax withholding obligations related to restricted share units.
Summary
- Mary C. Scherer, Chief Accounting Officer of Cardinal Health Inc. (CAH), reported a transaction on December 1, 2025.
- The transaction involved the disposal of 61 common shares.
- The shares were disposed of at a price of $212.26 per share, which was the closing share price on the prior business day.
- This disposal was made to satisfy tax withholding obligations in connection with restricted share units.
- Following this transaction, Mary C. Scherer beneficially owns 3,495 common shares directly.
Sentiment
Score: 5
Explanation: The transaction is a routine disposal of shares to cover tax withholding obligations related to restricted share units, which is a common and non-discretionary event for corporate executives. It does not indicate a positive or negative sentiment towards the company's performance or future prospects.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This is a routine insider transaction related to tax obligations, which is common across all industries for executives receiving equity compensation. It does not reflect broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a small, routine transaction by an insider for tax purposes, not a discretionary sale based on company performance.
Key Dates
| Date | Description |
|---|---|
| 12/01/2025 | Date of transaction (disposal of shares) |
| 12/02/2025 | Date the Form 4 was signed by attorney-in-fact |
Keywords
Cardinal Health, CAH, Insider Transaction, Form 4, Share Disposal, Tax Withholding, Restricted Share Units, Mary C. Scherer
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.