Waters Kathleen Alyce 4

What Happened

• Kathleen Alyce Waters, DaVita's Chief Legal & Public Affairs Officer, had multiple share-withholdings to satisfy tax obligations tied to vested awards on March 15, 2026, and also received new award shares. Specifically, 33,863 shares were withheld at $150.72 per share (total value ≈ $5,103,832) to cover taxes (reported as dispositions). In the same filing she was credited with awards totaling 11,795 shares (3,185 and 8,610 shares) at $0.00 per share (awards/derivative award).

Key Details

• Transaction date: March 15, 2026. Withholding price used: $150.72 per share.
• Withheld (disposed) shares and reported values:
  • 2,457 shares → $370,319
  • 26,118 shares → $3,936,505
  • 940 shares → $141,677
  • 4,348 shares → $655,331
  • Total withheld: 33,863 shares (≈ $5.10M)
• Awards (acquired at $0.00): 3,185 shares and 8,610 shares (the latter reported as a derivative award) — total 11,795 shares granted.
• Footnotes: filings indicate these actions relate to vested restricted stock units (RSUs), performance stock units (PSUs), and stock appreciation rights (SARs). Vesting schedules noted: some RSUs and SARs vest 50% on March 15, 2029 and 50% on March 15, 2030. Specific footnotes call out withholdings tied to PSU/RSU grants from March 2022 and March 2023.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Filing timeliness: no late filing flag indicated in the information provided.

Context

• These entries are tax-withholding transactions (reported as dispositions) tied to the vesting of compensation awards, not open-market sales of previously owned shares. That means shares were retained by the company to cover tax obligations rather than sold on the market by the insider.
• The filing also records new awards and future-vesting derivative awards (SARs/RSUs) with multi-year vesting schedules — these are routine compensation events for executives and do not by themselves indicate a change in investment view.