Form 4: CVS Health Director Anne A. Finucane Reports Share Gift to Family Foundation
SEC Form 4 Filing
CVS Health director Anne A. Finucane gifted 2,665 shares of common stock to a donor-advised charitable family foundation on December 5, 2024.
Summary
- Anne A. Finucane, a director at CVS Health Corp, reported a transaction involving the company's common stock.
- On December 5, 2024, Ms. Finucane gifted 2,665 shares of CVS Health common stock to a donor-advised charitable family foundation.
- The shares were valued at $56.86 each at the time of the transaction.
- Following the transaction, Ms. Finucane directly owns 4,567.2482 shares and indirectly owns 25,198 shares through the Finucane Family Trust.
Sentiment
Score: 5
Explanation: The document is a neutral disclosure of a routine transaction. It does not indicate any positive or negative sentiment.
Industry Context
This is a routine filing related to insider transactions and is common for directors of publicly traded companies. It does not indicate any specific trend in the healthcare industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for corporate insiders in the US, as mandated by the SEC.
- The transaction is a gift of shares, which is a common type of transaction reported in Form 4 filings.
- The number of shares gifted is not unusual for a director's charitable contribution.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a gift of shares by a director and does not affect the company's operations or financial position.
Key Dates
| Date | Description |
|---|---|
| 12/05/2024 | Date of the stock gift transaction. |
| 12/09/2024 | Date the Form 4 was signed. |
Keywords
CVS Health, Anne A. Finucane, stock gift, Form 4, director, charitable foundation, insider trading
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