ACKERMAN JOEL 4

What Happened
Joel Ackerman, CFO and Treasurer of DaVita (DVA), had shares withheld/sold to cover tax withholding tied to vesting and also received awards. On March 15, 2026 Ackerman disposed of 42,820 shares via tax-withholding transactions (code F) at $150.72 per share: 3,362 shares ($506,721), 33,693 shares ($5,078,209) and 5,765 shares ($868,901) — total proceeds (tax withholding) ≈ $6,453,831. The filing also shows award/acquisition entries (code A) for 5,706 shares and a derivative award for 15,427 shares (both recorded at $0.00).

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (filing marked late).
• Disposal details: 3,362 / 33,693 / 5,765 shares sold/withheld at $150.72 each; total ≈ $6.45M.
• Acquisitions: 5,706 shares (award) and 15,427 shares (derivative award) recorded at $0.00.
• Footnotes: filings indicate shares were withheld to satisfy tax obligations in connection with vested performance stock units (PSUs) and restricted stock units (RSUs) from prior grants (see footnotes F2–F4). Some awards/derivatives are subject to future vesting (50% each on March 15, 2029 and March 15, 2030 per F1 and F5).
• Shares owned after the transactions are not specified in the supplied filing excerpt.
• Transaction code F = tax withholding; these are not open-market discretionary sales.

Context
This activity appears to be routine tax-withholding tied to the vesting of equity awards (i.e., a cashless/withholding settlement), rather than an independent decision to sell shares for liquidity or investment reasons. The filing also records new/derivative awards with multi-year vesting schedules; those future vesting dates are noted in the footnotes.