Form 4: Cardinal Health CEO Weitzman Reports Tax-Related Share Withholding
Insider Transaction Disclosure
Deborah Weitzman, CEO of Cardinal Health's PSS Segment, reported the withholding of 551 common shares to cover tax obligations related to restricted share units.
Summary
- Deborah Weitzman, CEO of the PSS Segment at Cardinal Health Inc. (CAH), reported a transaction involving common shares.
- On December 1, 2025, 551 common shares were disposed of to satisfy tax withholding obligations related to restricted share units.
- The shares were valued at $212.26 per share, which was the closing share price on the prior business day.
- Following this transaction, Deborah Weitzman directly beneficially owns 52,877 common shares of Cardinal Health Inc.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary insider transaction (tax withholding) which is neutral in sentiment regarding the company's operational or financial performance.
Future Outlook
This filing is a disclosure of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This insider transaction is a routine event for executives receiving equity compensation in publicly traded companies within the healthcare distribution and services industry. It reflects a standard mechanism for managing tax liabilities associated with restricted share unit vesting.
Comparison to Industry Standards
- The withholding of shares to cover tax obligations upon the vesting of restricted share units is a standard practice across industries, including healthcare, and is not indicative of any unique company-specific performance or deviation from global benchmarks.
- Similar transactions are routinely reported by executives at comparable companies such as McKesson Corporation (MCK) or AmerisourceBergen Corporation (ABC) when equity awards vest.
Stakeholder Impact
- Shareholders: The transaction is a routine tax-related event and is unlikely to have a material impact on the company's stock price or shareholder value.
- Employees: This transaction is part of standard executive compensation practices and does not directly impact the broader employee base.
Key Dates
| Date | Description |
|---|---|
| 12/01/2025 | Date of transaction where 551 common shares were disposed of for tax withholding. |
| 12/02/2025 | Date the Form 4 was signed by James E. Barnett, Attorney-in-fact for Deborah Weitzman. |
Keywords
Cardinal Health, CAH, Deborah Weitzman, Form 4, Insider Transaction, Share Withholding, Restricted Share Units, Tax Obligations
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