Cardinal Health’s Ola Snow sells $4.19 million in shares

Ola M. Snow, Chief Human Resources Officer at Cardinal Health Inc (NYSE:CAH), sold 28,151 shares of the company’s common stock on August 19th, in a series of transactions with prices ranging from $148.86 to $149.39, netting approximately $4.19 million. The sale comes as Cardinal Health, a $35.6 billion healthcare services provider, has delivered impressive returns with the stock up 27% year-to-date. According to InvestingPro analysis, the company appears undervalued based on its Fair Value estimate.

According to a Form 4 filing with the Securities and Exchange Commission, Snow also disposed of 18,186 shares on August 15th at a price of $150.22, to cover tax obligations, for a total value of $2.73 million.

On the same day, Snow acquired 6,417 shares of Cardinal Health Inc. common stock with a value of $0, through the grant of restricted share units.

Following these transactions, Snow directly owns 15,431 shares of Cardinal Health Inc. and indirectly owns 144 shares through a 401(k) plan.

In other recent news, Cardinal Health reported its fourth-quarter earnings for fiscal 2025, revealing a mixed performance. The company achieved an earnings per share (EPS) of $2.08, slightly above the expected $2.03, but its revenue fell short at $60.2 billion compared to the forecasted $60.92 billion. Additionally, Cardinal Health announced a $1 billion public offering of senior notes in two tranches, with $600 million of 4.500% notes due in 2030 and $400 million of 5.150% notes due in 2035. This offering is being managed by Goldman Sachs & Co. LLC, BofA Securities, Inc., and Wells Fargo (NYSE:WFC) Securities, LLC.

The company’s Board of Directors has also approved a quarterly dividend of $0.5107 per share, payable to shareholders of record as of October 1, 2025, with the payment scheduled for October 15, 2025. These developments come amid Cardinal Health’s ongoing financial maneuvers and market activities. Investors are closely monitoring the company’s financial strategies and performance in light of the recent earnings and revenue results.

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