Cardinal Health CFO Aaron E. Alt Sells 42,000 Shares

What Happened

• Aaron E. Alt, Chief Financial Officer of Cardinal Health (CAH), sold a total of 42,000 shares in open-market transactions on August 18, 2026, generating approximately $9,926,140 in proceeds. The sales were executed in four tranches:
  • 3,115 shares at a weighted avg price of $234.55 — proceeds $730,623 (prices ranged $234.07–$234.99)
  • 12,228 shares at a weighted avg price of $235.54 — proceeds $2,880,183 (prices ranged $235.08–$236.07)
  • 13,685 shares at a weighted avg price of $236.58 — proceeds $3,237,597 (prices ranged $236.095–$237.08)
  • 12,972 shares at a weighted avg price of $237.26 — proceeds $3,077,737 (prices ranged $237.095–$237.67)
• These were sales (S), not purchases or option exercises. The filing does not specify a 10b5-1 plan or other predetermined plan in the excerpt provided.

Key Details

• Transaction date: August 18, 2026. Form 4 filed August 20, 2026 (appears timely — within the typical two-business-day window).
• Total shares sold: 42,000. Total proceeds: ≈ $9,926,140.
• Reported prices are weighted averages; the filing includes footnotes giving the per-tranche price ranges and offers to provide a breakdown on request.
• Shares owned after the transaction: Not disclosed in the provided excerpt of the filing.
• Transaction type: Open-market sales (code S). No indication in this filing of awards, option exercises, gifts, or tax-withholding related sales.

Context

• Sales by executives can be routine (e.g., diversification, tax obligations, or liquidity needs) and do not by themselves prove a change in view on the company. Purchases typically draw more direct attention as a signal of insider confidence.
• Multiple tranches and weighted-average pricing indicate the shares were sold in several trades at slightly different prices; the filing provides ranges and an offer to supply exact breakdowns on request.