Form 4: CVS Health Director Michael Mahoney Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Michael Mahoney reported the acquisition and disposal of CVS Health Corp stock through trusts on May 2, 2024.

Summary

  • Michael Mahoney, a director of CVS Health Corp, filed a Form 4 detailing changes in beneficial ownership.
  • On May 2, 2024, Mahoney acquired 9,181 shares of CVS common stock at a price of $54.4923 per share through a trust.
  • Mahoney also reported the disposal of 9,356 shares held in trust.
  • Following these transactions, Mahoney directly owns 1,817 shares of CVS common stock.
  • Mahoney also indirectly owns shares through children's trusts, but disclaims beneficial ownership of these shares.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company director, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a director.

Key Dates

DateDescription
05/02/2024Date of stock acquisition and disposal transactions.

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