Insider trade

Director sold ~$35.3M of CVS shares in the open market

Traded May 21, 2026 · Filed May 21, 2026

CVS HealthCVS

~$35.3M
Reported value · 378K sh @ $93.311: -8.7%
stock since the trade · S&P 500 +2.9%, $93.32 → $85.20 on Oct 1

Why it stands out

A board member of CVS Health sold $35.3M of CVS Health shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 21, 2026
Reporting period: Not applicable
Filed with the SEC: May 21, 2026

DirectorIndirect holding$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$35,271,558

Shares × reported transaction price

Timing vs results

15 days after results of May 6, 2026, 76 days before results of Aug 5, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $93.32 on May 21, 2026, within 5% of its 52-week high, after an 18% rise over the previous 30 trading days

52-week range $58.75 (Jul 24, 2025) to $98.11 (May 13, 2026), 88% of the way up, from 251 adjusted closes. 30 trading days earlier: $78.84 on Apr 9, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Mar 11, 2025 in the Court of Appeals for the First Circuit. A filing is an allegation, not a finding.

2 such cases were open. In Re: CVS Health Corp. Securities Act Litigation, docket 25-1230, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	-2.4%	+1.4%	-3.9%
30 days	+8.6%	-0.2%	+8.8%
90 days	+0.4%	+2.3%	-1.9%

Past results only. Not a forecast.

Source receipt

Record ID: 0000905148-26-002617
Filed / recorded: May 21, 2026, 9:43 PM UTC
Added to OQRO: Oct 2, 2026, 3:52 AM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: CVS HEALTH Corp
Issuer CIK: 64803
Ticker: CVS
Reporting person: Larry Robbins
Relationship: Director
Security: Cash-Settled Swaps
Table: Derivative (Table II)
Transaction date: May 21, 2026
Transaction code: S
Shares / units: 378,000
Price per share: $93.311
Acquired / disposed: Disposed (D)
Shares owned after: 0
Ownership form: Indirect — Held by Glenview Investment Funds
Amendment: No

Footnotes from the filing

These cash-settled swaps reference shares of the Issuer's common stock (the "Swaps") and are held for the account of the GO Fund.
The Reporting Person disclaims beneficial ownership over any securities owned by the Glenview Investment Funds other than to the extent of any pecuniary interest he may have therein.
The GO Fund is the record holder of the Swaps. The Reporting Person is the Founder, Portfolio Manager and CIO of Glenview Capital Management, LLC, which serves as investment manager to the GO Fund. The Reporting Person shares voting and dispositive power over the Swaps held by the GO Fund and may be deemed to beneficially own such Swaps.

Around the same time

4mo ago

2,478Shares · @ $90.98

Routine share withholding; mechanical by default.

Why it stands out Official record

4mo ago

7,618Shares · @ $90.98

Routine share withholding; mechanical by default.

Why it stands out Official record

5mo ago

1,563Shares · @ $93.501

Not classified as an open-market trade.

Why it stands out Official record