ELV Form 4: Mark Kaye withholds 2,895 shares for taxes
Rhea-AI Filing Summary
Mark Kaye, EVP & CFO of Elevance Health, Inc. (ELV), reported a sale of 2,895 shares of common stock on 10/02/2025 at a price of $340.24 per share. The filing states this disposition was a payment of tax liability by withholding stock related to the vesting of previously granted restricted stock. After the transaction, the reporting person beneficially owned 16,082 shares directly. The Form 4 was signed by an attorney-in-fact on 10/03/2025.
Positive
- Transaction disclosed promptly on Form 4 with transaction date 10/02/2025
- Specific reason provided: payment of tax liability by withholding for vested restricted stock
Negative
- None.
Insights
CFO executed a routine tax-withholding sale of vested restricted stock.
The Form 4 shows a 2,895-share disposition at $340.24 on 10/02/2025 specifically described as withholding to pay taxes on vested restricted stock. This is a common, non-discretionary method insiders use to satisfy tax obligations when equity awards vest.
The report also records 16,082 shares still beneficially owned directly, which is the remaining disclosed stake after the withholding event.
Filing appears complete and uses standard Form 4 codes.
The transaction code F and explanation note align with a tax-withholding disposition following vesting. The Form was executed by an attorney-in-fact and includes the required post-transaction beneficial ownership figure, meeting routine Section 16(a) disclosure elements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,895 | $340.24 | $985K |
Footnotes (1)
- [object Object]