Cardinal Health (CAH) Chief Accounting Officer Mary Scherer Receives Award

What Happened
Mary C. Scherer, Chief Accounting Officer of Cardinal Health (CAH), reported a grant/award of 2,610 shares (performance share units) on 2026-08-04. The Form 4 lists the acquisition price as $0.00 (award), so no cash purchase was reported; the filing shows $0 for the reported value. The award is structured as PSUs that will settle on August 15, 2026.

Key Details

• Transaction date: 2026-08-04; Filing date (Accession): 2026-08-06.
• Transaction type/code: A — Grant/award (performance share units).
• Shares reported: 2,610 PSUs acquired at $0.00 per unit (filing lists $0 total).
• Settlement: Footnote F1 — PSUs will settle on August 15, 2026.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Timeliness: Filing was submitted two days after the transaction date (appears timely, not marked late).

Context
Performance share units are a form of equity compensation that typically convert into company stock (or cash equivalent) at vesting/settlement; the economic value depends on Cardinal Health’s share price at settlement. This award is a non-purchase compensation grant and does not necessarily indicate a buy or sell signal by the insider.