Tax withholding trims Elevance Health (NYSE: ELV) EVP share stake

Rhea-AI Filing Summary

Elevance Health EVP & Chief HR Officer Craig Ryan reported a routine tax-related share withholding. On February 2, 2026, 279 shares of Elevance Health common stock were withheld at $341.83 per share to cover tax liability from vesting restricted stock. After this transaction, he directly beneficially owned 4,032 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Craig Ryan R

Role EVP & Chief HR Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	279	$341.83	$95K

Holdings After Transaction: Common Stock — 4,032 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Craig Ryan R

(Last) (First) (Middle)

220 VIRGINIA AVENUE

(Street)

INDIANAPOLIS IN 46204

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Elevance Health, Inc. [ ELV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief HR Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/02/2026		F		279(1)	D	$341.83	4,032	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. PAYMENT OF TAX LIABILITY BY WITHHOLDING STOCK INCIDENT TO THE VESTING OF PREVIOUSLY GRANTED RESTRICTED STOCK.

Remarks:

	/s/ Kathleen S. Kiefer, Attorney in fact	02/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Elevance Health (ELV) report for EVP Craig Ryan?

Elevance Health reported that EVP & Chief HR Officer Craig Ryan had 279 common shares withheld on February 2, 2026 at $341.83 per share to pay taxes due upon vesting of previously granted restricted stock.

Was the Elevance Health Form 4 transaction an open market sale?

No, the Form 4 shows a code F transaction, meaning 279 shares were withheld by the company at $341.83 solely to satisfy tax obligations from vesting restricted stock, rather than an elective open market sale by the executive.

How many Elevance Health shares does Craig Ryan own after the reported transaction?

Following the tax withholding transaction, Craig Ryan directly beneficially owned 4,032 shares of Elevance Health common stock. This figure reflects his position after the 279 withheld shares used to cover tax liability from vesting restricted stock.

What does transaction code F mean in the Elevance Health Form 4 filing?

Transaction code F indicates shares were used to pay taxes upon vesting of equity awards. In this case, 279 common shares of Elevance Health were withheld at $341.83 per share to satisfy tax liability from previously granted restricted stock.

What role does the reporting person in this Elevance Health Form 4 hold?

The reporting person, Craig Ryan, serves as Elevance Health’s EVP & Chief HR Officer. The Form 4 records a tax withholding of vested restricted stock, not a discretionary market transaction, and shows he holds 4,032 common shares afterward.