HEARTY JAMES O 4

What Happened James O. Hearty, Chief Compliance Officer of DaVita (DVA), had 11,578 shares withheld/disposed to satisfy tax withholding tied to the vesting of equity awards on March 15, 2026. Those withheld shares were recorded as dispositions at $150.72 per share for total proceeds of $1,745,036. On the same date he was granted 1,128 restricted stock units (RSUs) and 3,050 derivative awards (stock appreciation rights), both reported at $0.00 grant price.

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (appears timely).
• Disposals (tax withholding): 11,578 shares sold/withheld at $150.72 each; total proceeds $1,745,036 (breakdown: 769; 8,984; 300; 1,525 shares).
• Acquisitions/grants: 1,128 RSUs (A) and 3,050 SARs/derivative awards (A) reported at $0.00.
• Footnotes: Withholding tied to vesting of performance stock units (PSUs) and restricted stock units (RSUs) from prior grants (see F2–F5). Some RSUs and SARs are scheduled to vest 50% on March 15, 2029 and 50% on March 15, 2030 (F1, F6).
• Shares owned after the transactions: not specified in the provided data.

Context

• The disposals are coded "F" (shares withheld to satisfy tax withholding) — a common, routine event when equity awards vest, not an open-market sale for diversification or other reasons.
• The 3,050-share item is a derivative award (stock appreciation rights); these do not deliver stock immediately and vest according to future schedule (not an immediate sale or purchase).
• No indication in the filing of a 10b5-1 plan or other unusual trading program.

Bottom line: This filing mainly reflects routine tax-withholding sales tied to award vesting and new awards being recorded, not an independent open-market sell signal by the officer.