Nelson Steven H 4

What Happened
Steven H. Nelson, EVP and President of Aetna (a CVS Health business), reported a purchase of 24 shares of CVS common stock on January 23, 2025. The shares were acquired at $53.70 per share for a total of $1,289. This filing reports a purchase (code P), which is generally viewed as a bullish signal, though the amount here is small.

Key Details

• Transaction date and price: 2025-01-23 at $53.70 per share (24 shares; $1,289 total).
• Transaction type: Open market or private purchase (P).
• Shares owned after transaction: Not disclosed in this Form 4 filing.
• Filing timeliness: Report filed 2026-01-27 — this transaction was reported late. Footnote explains the shares were not previously reported due to a broker error.
• Notable footnote: Broker purchased the shares using discretion for a separately managed account in the name of a trust for the benefit of the reporting person; the shares were later transferred to a trust for the benefit of the reporting person’s spouse. The reporting person disclaims beneficial ownership of these shares.

Context
Because the shares were bought by a broker for a trust and later moved to a spouse’s trust with a disclaimer of beneficial ownership, this transaction may not reflect the insider’s personal investment decision. The late filing appears tied to a broker reporting error per the footnote; late filings can be administrative or compliance issues and don’t necessarily imply trading intent.