Bitcoin price today: falls to 2-week low below $113k ahead of Fed Jackson Hole
Cardinal Health (NASDAQ:NYSE:CAH), a prominent healthcare provider with a market capitalization of $35.56 billion, saw its Chief Financial Officer Aaron E. Alt sell a total of 48,243 common shares on August 19, 2025. The sales were executed in two separate transactions, with prices ranging from $148.61 to $149.19, netting Alt approximately $7.1 million. The stock has shown impressive momentum, delivering a 27.39% return year-to-date.
The first sale involved 34,455 shares at a weighted average price of $148.61. These shares were sold in multiple transactions at prices ranging from $148.00 to $148.99. The second sale consisted of 13,788 shares at a weighted average price of $149.19, with prices ranging from $149.00 to $149.58.
On August 15, Alt also acquired 11,363 shares of Cardinal Health common stock as part of a restricted share unit grant that vests in three equal annual installments beginning on August 15, 2026.
Additionally, on the same day, Alt surrendered 34,866 shares to cover tax obligations related to the vesting of restricted share units and performance share units. The price per share for this transaction was $150.22, resulting in a total value of $5.2 million.
Following these transactions, Alt directly owns 30,650 shares of Cardinal Health.
In other recent news, Cardinal Health reported its fourth-quarter earnings for fiscal 2025, revealing a mixed performance. The company achieved earnings per share of $2.08, slightly above the expected $2.03. However, revenue came in at $60.2 billion, missing the forecast of $60.92 billion. Additionally, Cardinal Health announced a public offering of $1 billion in senior notes, divided into two tranches: $600 million due in 2030 and $400 million due in 2035. The underwriting agreement for this offering was signed with Goldman Sachs, BofA Securities, and Wells Fargo (NYSE:WFC) Securities. Furthermore, the Board of Directors approved a quarterly dividend of $0.5107 per share, payable on October 15, 2025, to shareholders of record as of October 1, 2025. These developments are part of Cardinal Health’s recent activities aimed at managing its financial strategies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.