Cardinal Health (CAH) CEO Deborah Weitzman Receives RSU Award; Shares Withheld
$CAH · CARDINAL HEALTH INCResearch Summary
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Cardinal Health (CAH) CEO Deborah Weitzman Receives RSU Award; Shares Withheld
What Happened
Deborah Weitzman, CEO (PSS segment) of Cardinal Health, was awarded 7,314 restricted share units (RSUs) on 2026-08-15 and, in the same reporting event, had 29,759 shares disposed to satisfy tax withholding tied to vesting. The withheld shares were reported at $235.17 each, totaling $6,998,424. The new RSUs vest in three equal annual installments beginning August 15, 2027.
Key Details
- Transaction date(s): 2026-08-15; Form 4 filed 2026-08-18.
- Grant: 7,314 RSUs granted (acquisition at $0.00); vesting in three equal annual installments starting 8/15/2027 (footnote F1).
- Tax withholding (Disposition code F): 29,759 shares withheld at $235.17 per share for $6,998,424 (footnotes F2, F3). Withholding covered taxes on the vesting of 12,661 RSUs and 54,823 performance share units (PSUs) (F2).
- Shares owned after the transactions: not specified in the provided filing.
- Filing timeliness: Report filed 3 days after the transaction date; no late-filing flag noted in the provided data.
Context
The 7,314 RSU award is a forward-looking compensation grant that vests over future years; it is not an open-market purchase. The 29,759-share disposition was a routine tax-withholding event (not an open-market sale) to cover withholding obligations from vested RSUs and PSUs. Such withholding transactions are common and generally reflect tax obligations rather than a direct signal of the insider’s market view.