Waters Kathleen Alyce 4

What Happened

• Kathleen Waters, DaVita’s Chief Legal & Public Affairs Officer, sold a total of 15,405 shares of DVA in two open-market transactions on June 15, 2026. The trades consisted of 8,950 shares at an average price of $207.84 (proceeds $1,860,204) and 6,455 shares at an average price of $209.17 (proceeds $1,350,173), for combined proceeds of approximately $3,210,377. These were sales (not purchases or option exercises).

Key Details

• Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (filed timely).
• Trades: two open-market sales (codes S) — 8,950 @ $207.84 and 6,455 @ $209.17.
• Total shares sold: 15,405; total proceeds: ≈ $3.21 million.
• Footnotes: sales were made pursuant to a Rule 10b5‑1 trading plan adopted March 16, 2026 (F2). F1 and F3 note weighted-average prices and per-share price ranges ($206.115–$208.780 and $206.115–$210.410, respectively) and state the filer will provide a breakdown of shares sold at each price on request.
• Shares owned after the transaction are not specified in the provided filing excerpt.

Context

• The trades were executed under a 10b5‑1 plan, meaning they were pre-arranged trading instructions put in place on March 16, 2026; such plans are commonly used to make routine sales without regard to short-term company developments. Sales by executives can reflect diversification, tax planning, or other personal reasons and are not, by themselves, proof of a change in view on company prospects.