Form 4: CVS Health EVP and CFO Thomas Cowhey Reports Stock Transaction
SEC Form 4 Filing
Thomas Cowhey, EVP and CFO of CVS Health, reported the surrender of 5,318 common stock shares to cover withholding taxes upon vesting of a restricted stock award on February 28, 2025.
Summary
- On February 28, 2025, Thomas F. Cowhey, the EVP and CFO of CVS Health Corp, surrendered 5,318 shares of common stock.
- The transaction was to cover withholding taxes due upon the vesting of a restricted stock award.
- The price per share was $65.72.
- Following the transaction, Cowhey directly owns 45,256 shares of CVS Health Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions, and does not inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction reflects standard practice for covering tax obligations related to stock awards.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related stock transaction by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock transaction: surrender of shares for tax withholding. |
| 03/03/2025 | Date of signature on the Form 4 filing. |
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