Joyner J. David 4

What Happened

• J. David Joyner, President & CEO and Director of CVS Health (CVS), surrendered 1,944 shares on 2026-02-28 to satisfy withholding tax obligations tied to the vesting and settlement of a restricted stock unit (RSU) award.
• The shares were valued at $79.90 each, for a total of $155,326. This was a tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date: 2026-02-28; Form 4 filed: 2026-03-02.
• Price per share: $79.90; shares surrendered: 1,944; total value surrendered: $155,326.
• Shares owned after transaction: not specified in the filing.
• Footnote: F1 — shares surrendered to pay withholding taxes upon vesting/settlement of RSUs (tax withholding code F).
• Filing timeliness: no late filing indicator shown in the report.

Context

• This was a routine tax-withholding action (often called a "share surrender" or "sell-to-cover") related to RSU vesting, not a discretionary market sale; such transactions are common and generally do not signal insider sentiment about the company’s prospects.