Cardinal Health (CAH) Chief Accounting Officer Mary Scherer Sells 2,302 Shares

What Happened

• Mary C. Scherer, Chief Accounting Officer of Cardinal Health (CAH), sold a total of 2,302 shares in open-market transactions on August 19, 2026. The sales consisted of 100 shares at $237.40 ($23,740) and 2,202 shares at $237.39 ($522,733), for combined proceeds of approximately $546,473. This was a sale (code S) rather than a purchase.

Key Details

• Transaction date: 2026-08-19
• Trades: 100 shares @ $237.40 ($23,740); 2,202 shares @ $237.39 ($522,733)
• Total shares sold: 2,302; total proceeds: ~$546,473
• Filing date: 2026-08-20 (Form 4 filed timely)
• Shares owned after transaction: not specified in the provided filing
• Footnotes/plans: no 10b5-1 plan, tax withholding, or other special footnotes indicated in the supplied data

Context

• Open-market sales by officers are common and can reflect routine portfolio management (diversification, liquidity, tax planning) rather than a view on the company’s prospects. Purchases generally carry clearer signals of insider confidence than sales. This report is factual disclosure of the trades; no motive is stated.