Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-17

Cardinal Health (CAH)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$18,976,195
Jason Hollar total, FY2025
32nd
CEO pay percentile vs peers
261:1
CEO-to-median pay ratio
90.7%
Say-on-pay support, latest vote
Companies that benchmark against CAH
12 companies name CAH as a compensation peer

Each company listed discloses CAH in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CAH in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jason Hollar$1,492,329$0$13,431,441$0$3,551,742$0$500,683$18,976,195
Chief Executive Officer
Aaron Alt871,16403,977,81301,303,262057,7966,210,035
Chief Financial Officer
Deborah Weitzman741,93203,771,2170964,511030,1975,507,857
Chief Executive Officer, Pharmaceutical and Specialty Solutions Segment
Jessica Mayer716,93203,202,9430975,027030,4504,925,352
Chief Legal and Compliance Officer
Stephen Mason741,93203,357,9170593,545051,6504,745,044
Chief Executive Officer, Global Medical Products and Distribution Segment

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Jason Hollar$18,976,195$25,650,709$18,783,767−6,674,514
Aaron Alt6,210,0356,842,0016,000,648−631,966
Deborah Weitzman5,507,8575,085,9874,070,451+421,870
Jessica Mayer4,925,3524,657,7654,399,298+267,587
Stephen Mason4,745,0447,335,4634,415,283−2,590,419

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Robert W. AzelbyDirector2025-11-05A1,067$0$0CommonForm 4 ↗
Nancy KilleferDirector2025-11-05A1,06700CommonForm 4 ↗
Sudhakar RamakrishnaDirector2025-11-05A1,06700CommonForm 4 ↗
Christine A. MundkurDirector2025-11-05A1,06700CommonForm 4 ↗
Gregory B. KennyDirector2025-11-05A1,70200CommonForm 4 ↗
Patricia A. Hemingway HallDirector2025-11-05A1,06700CommonForm 4 ↗
David C. EvansDirector2025-11-05A1,06700CommonForm 4 ↗
Sheri H. EdisonDirector2025-11-05A1,06700CommonForm 4 ↗
Michelle M. BrennanDirector2025-11-05A1,06700CommonForm 4 ↗
Robert W. MusslewhiteDirector2025-11-05A1,06700CommonForm 4 ↗
Akhil JohriDirector2025-11-05A1,06700CommonForm 4 ↗
Mary C. SchererChief Accounting Officer2025-12-01D6121212,948CommonForm 4 ↗
Jessica MayerChief Legal/Compliance Officer2025-12-01D42221289,574CommonForm 4 ↗
Stephen MasonCEO, GMPD Segment2025-12-01D595212126,295CommonForm 4 ↗
Ola M. SnowChief Human Resources Officer2025-12-01D32021267,923CommonForm 4 ↗
Deborah WeitzmanCEO, PSS Segment2025-12-01D551212116,955CommonForm 4 ↗
Valerie Christine PitteroffChief Human Resources Officer2026-01-15A3,982213849,201CommonForm 4 ↗
Patricia A. Hemingway HallDirector2026-02-06D4,000230918,880CommonForm 4 ↗
Aaron AltChief Financial Officer2026-02-15D2,328226524,964CommonForm 4 ↗
Aaron AltChief Financial Officer2026-02-15D1,914221422,592CommonForm 4 ↗
Michelle D. GreeneChief Information Officer2026-02-27D10022922,855CommonForm 4 ↗
Michelle D. GreeneChief Information Officer2026-02-27D2,646228604,532CommonForm 4 ↗
Patricia A. Hemingway HallDirector2026-04-15A38120879,183CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Aaron AltPSU2024-08-1521,40751,377$2,437,829
Deborah WeitzmanPSU2024-08-1520,29548,7082,311,195
Stephen MasonPSU2024-08-1518,07143,3702,057,925
Aaron AltRSU2024-08-1514,2711,539,984
Stephen MasonRSU2024-08-1512,0471,299,992
Deborah WeitzmanRSU2024-08-1513,5301,460,022
Jessica MayerPSU2024-08-1517,23741,3691,962,950
Jason HollarPSU2024-08-1572,282173,4778,231,474
Jessica MayerRSU2024-08-1511,4911,239,994
Jason HollarRSU2024-08-1548,1885,199,967
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Aaron Alt$1,539,984$2,437,829$061.3%
Deborah Weitzman1,460,0222,311,195061.3%
Stephen Mason1,299,9922,057,925061.3%
Jessica Mayer1,239,9941,962,950061.3%
Jason Hollar5,199,9678,231,474061.3%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Deborah WeitzmanPSU126,150$21,193,200
Stephen MasonPSU130,50321,924,504
Aaron AltPSU160,04026,886,720
Stephen MasonRSU26,6144,471,152
Jessica MayerRSU24,9064,184,208
Jason HollarPSU549,27692,278,368
Jessica MayerPSU124,29220,881,056
Jason HollarRSU111,69418,764,592
Aaron AltRSU29,5754,968,600
Deborah WeitzmanRSU28,9554,864,440
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation program is designed to support our long-term growth, with accountability for key annual results. It has the following key objectives: Reward performance. We tie our executive pay to financial, operational, and individual performance as well as to performance against key strategic initiatives, such as achieving strategic business objectives and Our Path Forward goals, as discussed below. Assessing our executives individual performance includes alignment with our Standards of Business Conduct and values. Emphasize long-term, stock-based incentive compensation. We emphasize performance and retention using long-term, stock-based incentive compensation, which supports sustainable long-term shareholder return. Combined with stock ownership guidelines, this approach provides executives with meaningful ownership stakes and aligns their interests with shareholders. Maintain a competitive program that will attract and retain critical talent. We have designed our compensation program to be competitive in the marketplace and to reward talent, driving our long-term growth while holding leaders accountable for executing against our strategy, consistent with our values.

CEO STI target (% of salary)175%
CEO LTI target (% of salary)
Independent consultantKorn Ferry
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-11-05168,382,55417,271,1171,513,29890.7%Passed
20242024-11-06172,738,56919,964,307516,80789.64%Passed
20232023-11-15182,671,06716,863,757618,93591.55%Passed
20222022-11-09184,983,77218,266,030946,57291.01%Passed
20212021-11-05194,218,18731,712,173514,90685.77%Passed
20202020-11-04142,613,82789,768,639568,36761.22%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-11-0590.7%a
20242024-11-0689.64%b
20232023-11-1591.55%c

a. Approved under the standard stated in the filing — “Each of the proposals requires approval by a majority of votes cast.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not considered as votes cast and will not be counted in determining the outcome of the voting results.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not considered as votes cast and will not be counted in determining the outcome of the voting results.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)261 : 1
CEO total compensation$18,976,195
Median employee compensation$72,657
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Gregory B. KennyIndependent · Board Chair · Governance and Sustainability · Human Resources and Compensation$245,000$325,011$0$570,011
Akhil JohriIndependent · Audit · Risk Oversight145,000199,95302,000346,953
Patricia A. Hemingway HallIndependent · Governance and Sustainability · Human Resources and Compensation140,000199,95302,000341,953
Sheri H. EdisonIndependent · Governance and Sustainability · Risk Oversight (Chair)140,000199,9530339,953
Nancy KilleferIndependent · Governance and Sustainability · Human Resources and Compensation (Chair)140,000199,9530339,953
David C. EvansIndependent · Audit (Chair) · Human Resources and Compensation120,000199,95302,000321,953
Robert W. AzelbyIndependent · Audit · Risk Oversight120,000199,95302,000321,953
Michelle M. BrennanIndependent · Governance and Sustainability (Chair) · Human Resources and Compensation120,000199,9530319,953
Christine A. MundkurIndependent · Audit · Risk Oversight120,000199,9530319,953
Robert W. MusslewhiteIndependent · Human Resources and Compensation · Risk Oversight · Newly elected38,219134,2720172,491
Sudhakar RamakrishnaIndependent · Audit · Risk Oversight · Newly elected38,219134,2720172,491
Steven K. BargIndependent · Not standing for re-election · Departed during FY42,131042,131
Sujatha ChandrasekaranIndependent · Not standing for re-election · Departed during FY42,131042,131
Jason M. HollarEmployee director000000
09

Board fee structure and ownership guideline

Annual cash retainer$120,000
Annual equity retainer$200,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 20,000
Stock ownership guideline5x cash retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,450,700
Equity awards (grant-date value)$2,193,179
All other compensation$8,000
Total cost of the board$3,651,879

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Cardinal Health names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Cardinal Health.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Thermo Fisher Scientific Inc.2025Marc Casper$1,785,534$65,730,211$7,951,377$3,742,123$79,923,350
2UnitedHealth Group Incorporated2025Stephen Hemsley596,154060,000,024060,938,062
3Johnson & Johnson2025Joaquin Duato1,600,00015,028,9485,927,9954,298,70032,758,111
4Baxter International Inc.2025Andrew Hider499,31523,133,5183,185,053820,12529,805,182
5FedEx Corporation2026Rajesh Subramaniam1,550,0006,731,3643,715,06210,593,50027,554,018
6McKesson Corporation2026Brian Tyler1,591,66717,201,20204,456,66824,213,044
7Danaher Corporation2025Rainer Blair1,400,0009,292,3708,386,6574,194,40023,795,280
8Boston Scientific Corporation2025Michael Mahoney1,442,60313,608,0563,749,9804,002,00123,532,050
9Medtronic plc2026Geoffrey Martha1,399,03913,672,2005,175,5592,307,20022,940,252
10United Parcel Service, Inc.2025Carol Tomé1,509,71317,550,5461,358,7542,264,56922,878,788
11The Cigna Group2025David Cordani1,600,00013,929,1613,400,0193,200,00022,866,134
12Elevance Health, Inc.2025Gail Boudreaux1,600,00013,440,2774,199,7652,768,00022,582,314
13Target Corporation2025Brian Cornell1,400,00018,555,2800787,92021,830,088
14Stryker Corporation2025Kevin Lobo1,500,00016,684,91702,250,00021,401,495
15CVS Health Corporation2025J. David Joyner1,500,00014,499,93104,695,90021,214,084
16Cardinal Health2025Jason Hollar1,492,32913,431,44103,551,74218,976,195
17Labcorp Holdings Inc.2025Adam Schechter1,435,00011,400,4632,754,5822,062,09518,339,913
18Cencora, Inc.2025Robert Mauch1,350,00012,000,21804,283,21318,256,227
19Becton, Dickinson and Company2025Thomas Polen1,395,4639,991,8543,311,8611,852,01017,129,140
20Sysco Corporation2025Kevin Hourican1,392,30810,086,9012,499,9891,616,00016,228,599
21The Kroger Co.2025Ronald L. Sargent3,975,80610,000,07714,037,608
22Henry Schein, Inc.2025Stanley Bergman1,707,0007,764,80002,289,25112,013,915
23Walgreens Boots Alliance, Inc.2024Ginger Graham00002,500,000

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Cardinal Health136%PSU 60 · RSU 40Yes — Relative TSR modifierKorn Ferry
Baxter International Inc.not disclosedPSU 50 · Stock Options 25 · RSU 25not disclosedAon
Becton, Dickinson and Company85%PSU 50 · Options 25 · RSU 25NoSemler Brossy
Boston Scientific Corporation173%PSU 50 · RSU 25 · Options 25NoSemler Brossy Consulting Group, LLC
Cencora, Inc.181.3%PSU 60 · RSU 40Yes — Relative TSRPearl Meyer & Partners
CVS Health Corporation156.5%PSU 60 · RSU 20 · Options 20Yes — rTSR ModifierKorn Ferry
Danaher Corporationnot disclosedOptions 50 · RSU 50not disclosedFW Cook
Elevance Health, Inc.86.5%PSU 52 · RSU 24 · Options 24NoWillis Towers Watson (WTW)
FedEx Corporation112.5%not disclosedYes — Relative TSR (FY24-FY26 LTI Cash Plan)Meridian Compensation Partners, LLC
Henry Schein, Inc.89.3%PSU 65 · RSU 35NoPearl Meyer
Johnson & Johnsonnot disclosednot disclosednot disclosedSemler Brossy Consulting Group
Labcorp Holdings Inc.95.8%PSU 60 · RSU 20 · Options 20Yes — RELATIVE TSR MODIFIERFW Cook
McKesson Corporation140%PSU 60 · RSU 40Yes — Total Shareholder Return (TSR) relative to comparator groupKorn Ferry
Medtronic plc103%PSU 50 · Options 30 · RSU 20NoSemler Brossy
Stryker Corporation100%PSU 48 · Options 34NoSemler Brossy
Sysco Corporationnot disclosednot disclosedNoSemler Brossy
Target Corporationnot disclosedPSU 60 · RSU 40NoSemler Brossy
The Cigna Group100%PSU 60 · RSU 20 · Options 20NoPay Governance
The Kroger Co.93.84%not disclosedYes — Value creation (iTSR)Korn Ferry; Meridian Compensation Partners, LLC
Thermo Fisher Scientific Inc.99.8%PSU 50 · Options 50Yes — Relative TSRPearl Meyer
United Parcel Service, Inc.75%PSU 93 · Options 7Yes — Relative Total Shareowner Return (RTSR)FW Cook
UnitedHealth Group Incorporatednot disclosedPSU 50 · Options 25 · RSU 25NoPay Governance
Walgreens Boots Alliance, Inc.not disclosedRSU 100not disclosedMercer

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Jason HollarDEF 14A2025-09-160000721371-25-000114Section “Summary Compensation Table” · page 59. As printed: 18,976,195. Filing ↗machine: r2 · c24 · span 1215211–1215221
2Section 01, Aaron AltDEF 14A2025-09-160000721371-25-000114Section “Summary Compensation Table” · page 59. As printed: 6,210,035. Filing ↗machine: r5 · c24 · span 1223637–1223646
3Section 01, Deborah WeitzmanDEF 14A2025-09-160000721371-25-000114Section “Summary Compensation Table” · page 59. As printed: 5,507,857. Filing ↗machine: r11 · c24 · span 1240529–1240538
4Section 01, Jessica MayerDEF 14A2025-09-160000721371-25-000114Section “Summary Compensation Table” · page 59. As printed: 4,925,352. Filing ↗machine: r14 · c24 · span 1248758–1248767
5Section 01, Stephen MasonDEF 14A2025-09-160000721371-25-000114Section “Summary Compensation Table” · page 59. As printed: 4,745,044. Filing ↗machine: r8 · c24 · span 1232046–1232055
6Section 03, Aaron Alt PSUDEF 14A2025-09-160000721371-25-000114Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t161 · r4 · c4 · span 1260881–1260890
7Section 03, Deborah Weitzman PSUDEF 14A2025-09-160000721371-25-000114Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t161 · r6 · c4 · span 1263708–1263717
8Section 03, Stephen Mason PSUDEF 14A2025-09-160000721371-25-000114Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t161 · r5 · c4 · span 1262293–1262302
9Section 03, Aaron Alt RSUDEF 14A2025-09-160000721371-25-000114Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t161 · r4 · c1 · span 1260450–1260459
10Section 03, Stephen Mason RSUDEF 14A2025-09-160000721371-25-000114Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t161 · r5 · c1 · span 1261862–1261871
11Section 03, Deborah Weitzman RSUDEF 14A2025-09-160000721371-25-000114Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t161 · r6 · c1 · span 1263277–1263286
12Section 03, Jessica Mayer PSUDEF 14A2025-09-160000721371-25-000114Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t161 · r7 · c4 · span 1265280–1265289
13Section 03, Jason Hollar PSUDEF 14A2025-09-160000721371-25-000114Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t161 · r3 · c4 · span 1259487–1259496
14Section 03, Jessica Mayer RSUDEF 14A2025-09-160000721371-25-000114Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t161 · r7 · c1 · span 1264753–1264762
15Section 03, Jason Hollar RSUDEF 14A2025-09-160000721371-25-000114Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t161 · r3 · c1 · span 1259062–1259071
16Section 07, pay ratioDEF 14A2025-09-160000721371-25-000114Section “CEO Pay Ratio”. As printed: 261 : 1. Filing ↗machine: span 1557765–1557773
17Section 08, Gregory B. KennyDEF 14A2025-09-160000721371-25-000114Section “Director Compensation”. As printed: 570,011. Filing ↗machine: t116 · r10 · c8 · span 826337–826344
18Section 08, Akhil JohriDEF 14A2025-09-160000721371-25-000114Section “Director Compensation”. As printed: 346,953. Filing ↗machine: t116 · r9 · c8 · span 824569–824576
19Section 08, Patricia A. Hemingway HallDEF 14A2025-09-160000721371-25-000114Section “Director Compensation”. As printed: 341,953. Filing ↗machine: t116 · r8 · c8 · span 822808–822815
20Section 08, Sheri H. EdisonDEF 14A2025-09-160000721371-25-000114Section “Director Compensation”. As printed: 339,953. Filing ↗machine: t116 · r6 · c8 · span 819268–819275
21Section 08, Nancy KilleferDEF 14A2025-09-160000721371-25-000114Section “Director Compensation”. As printed: 339,953. Filing ↗machine: t116 · r11 · c8 · span 828103–828110
22Section 08, David C. EvansDEF 14A2025-09-160000721371-25-000114Section “Director Compensation”. As printed: 321,953. Filing ↗machine: t116 · r7 · c8 · span 821032–821039
23Section 08, Robert W. AzelbyDEF 14A2025-09-160000721371-25-000114Section “Director Compensation”. As printed: 321,953. Filing ↗machine: t116 · r2 · c8 · span 811840–811847
24Section 08, Michelle M. BrennanDEF 14A2025-09-160000721371-25-000114Section “Director Compensation”. As printed: 319,953. Filing ↗machine: t116 · r4 · c8 · span 815551–815558
25Section 08, Christine A. MundkurDEF 14A2025-09-160000721371-25-000114Section “Director Compensation”. As printed: 319,953. Filing ↗machine: t116 · r12 · c8 · span 829864–829871
26Section 08, Robert W. MusslewhiteDEF 14A2025-09-160000721371-25-000114Section “Director Compensation”. As printed: 172,491. Filing ↗machine: t116 · r13 · c8 · span 832045–832052
27Section 08, Sudhakar RamakrishnaDEF 14A2025-09-160000721371-25-000114Section “Director Compensation”. As printed: 172,491. Filing ↗machine: t116 · r14 · c8 · span 834513–834520
28Section 08, Steven K. BargDEF 14A2025-09-160000721371-25-000114Section “Director Compensation”. As printed: 42,131. Filing ↗machine: t116 · r3 · c1 · span 812641–812647
29Section 08, Sujatha ChandrasekaranDEF 14A2025-09-160000721371-25-000114Section “Director Compensation”. As printed: 42,131. Filing ↗machine: t116 · r5 · c1 · span 816362–816368
30Section 08, Jason M. HollarDEF 14A2025-09-160000721371-25-000114Section “Director Compensation”. As printed: 0. Filing ↗
31Section 02, Robert W. Azelby 2025-11-05Form 42025-11-060001656998-25-000004Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Nancy Killefer 2025-11-05Form 42025-11-060001584637-25-000003Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Sudhakar Ramakrishna 2025-11-05Form 42025-11-060001504970-25-000003Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Christine A. Mundkur 2025-11-05Form 42025-11-060000721371-25-000134Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Gregory B. Kenny 2025-11-05Form 42025-11-060001179497-25-000002Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Patricia A. Hemingway Hall 2025-11-05Form 42025-11-060001517890-25-000005Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, David C. Evans 2025-11-05Form 42025-11-060001375909-25-000004Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Sheri H. Edison 2025-11-05Form 42025-11-060001413612-25-000003Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Michelle M. Brennan 2025-11-05Form 42025-11-060001827353-25-000003Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Robert W. Musslewhite 2025-11-05Form 42025-11-060001390194-25-000006Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Akhil Johri 2025-11-05Form 42025-11-060001517450-25-000003Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Mary C. Scherer 2025-12-01Form 42025-12-020001945352-25-000005Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Jessica Mayer 2025-12-01Form 42025-12-020001771383-25-000005Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Stephen Mason 2025-12-01Form 42025-12-020001786065-25-000005Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Ola M. Snow 2025-12-01Form 42025-12-020001754463-25-000006Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Deborah Weitzman 2025-12-01Form 42025-12-020001942639-25-000005Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Valerie Christine Pitteroff 2026-01-15Form 42026-01-200002102673-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Patricia A. Hemingway Hall 2026-02-06Form 42026-02-100001517890-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Aaron Alt 2026-02-15Form 42026-02-180001741576-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Aaron Alt 2026-02-15Form 42026-02-180001741576-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Michelle D. Greene 2026-02-27Form 42026-03-030001945228-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Michelle D. Greene 2026-02-27Form 42026-03-030001945228-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Patricia A. Hemingway Hall 2026-04-15Form 42026-04-170000721371-26-000015Insider equity transaction reported since the proxy statement. Filing ↗
54Section 06, 2025 voteForm 8-K2025-11-060000721371-25-000133Item 5.07 · say-on-pay result. As reported: 90.7% (votes for as printed: 168,382,554). Filing ↗
55Section 06, 2024 voteForm 8-K2024-11-070000721371-24-000132Item 5.07 · say-on-pay result. As reported: 89.64% (votes for as printed: 172,738,569). Filing ↗
56Section 06, 2023 voteForm 8-K2023-11-160000721371-23-000094Item 5.07 · say-on-pay result. As reported: 91.55% (votes for as printed: 182,671,067). Filing ↗
57Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
58Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
59Section 09b board cost (computed)ComputedcomputedCash 1,450,700 + equity 2,193,179 + all other 8,000 = 3,651,879, summed across the director compensation table rows.machine: formula: Σ = 3,651,879
60Thermo Fisher Scientific Inc., Section 10b CEO totalDEF 14A2026-04-070001193125-26-144585CEO total compensation as printed in Thermo Fisher Scientific Inc.'s own proxy. As printed: 79,923,350. Filing ↗machine: span 973487–973497
61UnitedHealth Group Incorporated, Section 10b CEO totalDEF 14A2026-04-210001104659-26-046125CEO total compensation as printed in UnitedHealth Group Incorporated's own proxy. As printed: 60,938,062. Filing ↗machine: r1 · c48 · span 1832651–1832661
62Johnson & Johnson, Section 10b CEO totalDEF 14A2026-03-110000200406-26-000063CEO total compensation as printed in Johnson & Johnson's own proxy. As printed: 32,758,111. Filing ↗machine: r3 · c27 · span 1621235–1621246
63Baxter International Inc., Section 10b CEO totalDEF 14A2026-03-230001628280-26-020330CEO total compensation as printed in Baxter International Inc.'s own proxy. As printed: 29,805,182. Filing ↗machine: r4 · c30 · span 1451066–1451076
64FedEx Corporation, Section 10b CEO totalDEF 14A2026-08-170001104659-26-097836CEO total compensation as printed in FedEx Corporation's own proxy. As printed: 27,554,018. Filing ↗machine: r1 · c54 · span 1409491–1409501
65McKesson Corporation, Section 10b CEO totalDEF 14A2026-06-120000927653-26-000169CEO total compensation as printed in McKesson Corporation's own proxy. As printed: 24,213,044. Filing ↗machine: r2 · c21 · span 1260172–1260182
66Danaher Corporation, Section 10b CEO totalDEF 14A2026-03-250000313616-26-000101CEO total compensation as printed in Danaher Corporation's own proxy. As printed: 23,795,280. Filing ↗machine: t122 · r2 · c21 · span 1070180–1070190
67Boston Scientific Corporation, Section 10b CEO totalDEF 14A2026-03-180000885725-26-000025CEO total compensation as printed in Boston Scientific Corporation's own proxy. As printed: 23,532,050. Filing ↗machine: r2 · c27 · span 1249807–1249817
68Medtronic plc, Section 10b CEO totalDEF 14A2026-08-170001613103-26-000010CEO total compensation as printed in Medtronic plc's own proxy. As printed: 22,940,252. Filing ↗machine: span 988220–988230
69United Parcel Service, Inc., Section 10b CEO totalDEF 14A2026-03-190001628280-26-019856CEO total compensation as printed in United Parcel Service, Inc.'s own proxy. As printed: 22,878,788. Filing ↗machine: r2 · c27 · span 899122–899132
70The Cigna Group, Section 10b CEO totalDEF 14A2026-03-130001739940-26-000023CEO total compensation as printed in The Cigna Group's own proxy. As printed: 22,866,134. Filing ↗machine: t303 · r3 · c16 · span 1360729–1360739
71Elevance Health, Inc., Section 10b CEO totalDEF 14A2026-03-270001156039-26-000031CEO total compensation as printed in Elevance Health, Inc.'s own proxy. As printed: 22,582,314. Filing ↗machine: span 1161376–1161386
72Target Corporation, Section 10b CEO totalDEF 14A2026-04-270001628280-26-027508CEO total compensation as printed in Target Corporation's own proxy. As printed: 21,830,088. Filing ↗machine: r2 · c8 · span 2775825–2775836
73Stryker Corporation, Section 10b CEO totalDEF 14A2026-03-230000310764-26-000013CEO total compensation as printed in Stryker Corporation's own proxy. As printed: 21,401,495. Filing ↗machine: t101 · r2 · c7 · span 1584979–1584989
74CVS Health Corporation, Section 10b CEO totalDEF 14A2026-04-030001308179-26-000201CEO total compensation as printed in CVS Health Corporation's own proxy. As printed: 21,214,084. Filing ↗machine: r1 · c18 · span 969864–969874
75Cardinal Health (subject), Section 10b CEO totalDEF 14A2025-09-160000721371-25-000114CEO total compensation as printed in Cardinal Health's own proxy. As printed: 18,976,195. Filing ↗machine: r2 · c24 · span 1215211–1215221
76Labcorp Holdings Inc., Section 10b CEO totalDEF 14A2026-04-100001193125-26-150752CEO total compensation as printed in Labcorp Holdings Inc.'s own proxy. As printed: 18,339,913. Filing ↗machine: t153 · r3 · c22 · span 3147696–3147706
77Cencora, Inc., Section 10b CEO totalDEF 14A2026-01-220001628280-26-003061CEO total compensation as printed in Cencora, Inc.'s own proxy. As printed: 18,256,227. Filing ↗machine: r2 · c18 · span 1212336–1212346
78Becton, Dickinson and Company, Section 10b CEO totalDEF 14A2025-12-180001628280-25-057846CEO total compensation as printed in Becton, Dickinson and Company's own proxy. As printed: 17,129,140. Filing ↗machine: r2 · c27 · span 1173285–1173295
79Sysco Corporation, Section 10b CEO totalDEF 14A2025-10-020000096021-25-000147CEO total compensation as printed in Sysco Corporation's own proxy. As printed: 16,228,599. Filing ↗machine: r2 · c9 · span 2488720–2488730
80The Kroger Co., Section 10b CEO totalDEF 14A2026-05-130001104659-26-060250CEO total compensation as printed in The Kroger Co.'s own proxy. As printed: 14,037,608. Filing ↗machine: t229 · r1 · c9 · span 692555–692565
81Henry Schein, Inc., Section 10b CEO totalDEF 14A2026-04-080001193125-26-146317CEO total compensation as printed in Henry Schein, Inc.'s own proxy. As printed: 12,013,915. Filing ↗machine: t221 · r3 · c35 · span 671366–671376
82Walgreens Boots Alliance, Inc., Section 10b CEO totalDEF 14A2024-12-130001558370-24-016214CEO total compensation as printed in Walgreens Boots Alliance, Inc.'s own proxy. As printed: 2,500,000. Filing ↗machine: t333 · r24 · c18 · span 2342384–2342393
83Section 10a, Stryker Corporation reciprocityDEF 14A0000310764-26-000013Stryker Corporation's most recent proxy was read; its disclosed peer group does not include Cardinal Health. Filing ↗
84Section 10a, Becton, Dickinson and Company reciprocityDEF 14A0001628280-25-057846Becton, Dickinson and Company's most recent proxy was read; its disclosed peer group does not include Cardinal Health. Filing ↗
85Section 10a, Cencora, Inc. reciprocityDEF 14A0001628280-26-003061Cencora, Inc. names Cardinal Health in its own disclosed peer group (read from its most recent proxy). Filing ↗
86Section 10a, The Cigna Group reciprocityDEF 14A0001739940-26-000023The Cigna Group names Cardinal Health in its own disclosed peer group (read from its most recent proxy). Filing ↗
87Section 10a, Danaher Corporation reciprocityDEF 14A0000313616-26-000101Danaher Corporation's most recent proxy was read; its disclosed peer group does not include Cardinal Health. Filing ↗
88Section 10a, Elevance Health, Inc. reciprocityDEF 14A0001156039-26-000031Elevance Health, Inc. names Cardinal Health in its own disclosed peer group (read from its most recent proxy). Filing ↗
89Section 10a, Henry Schein, Inc. reciprocityDEF 14A0001193125-26-146317Henry Schein, Inc. names Cardinal Health in its own disclosed peer group (read from its most recent proxy). Filing ↗
90Section 10a, UnitedHealth Group Incorporated reciprocityDEF 14A0001104659-26-046125UnitedHealth Group Incorporated names Cardinal Health in its own disclosed peer group (read from its most recent proxy). Filing ↗
91Section 10a, McKesson Corporation reciprocityDEF 14A0000927653-26-000169McKesson Corporation's most recent proxy was read; its disclosed peer group does not include Cardinal Health. Filing ↗
92Section 10a, Sysco Corporation reciprocityDEF 14A0000096021-25-000147Sysco Corporation's most recent proxy was read; its disclosed peer group does not include Cardinal Health. Filing ↗
93Section 10a, Boston Scientific Corporation reciprocityDEF 14A0000885725-26-000025Boston Scientific Corporation's most recent proxy was read; its disclosed peer group does not include Cardinal Health. Filing ↗
94Section 10a, Baxter International Inc. reciprocityDEF 14A0001628280-26-020330Baxter International Inc.'s most recent proxy was read; its disclosed peer group does not include Cardinal Health. Filing ↗
95Section 10a, Johnson & Johnson reciprocityDEF 14A0000200406-26-000063Johnson & Johnson's most recent proxy was read; its disclosed peer group does not include Cardinal Health. Filing ↗
96Section 10a, Labcorp Holdings Inc. reciprocityDEF 14A0001193125-26-150752Labcorp Holdings Inc.'s most recent proxy was read; its disclosed peer group does not include Cardinal Health. Filing ↗
97Section 10a, Target Corporation reciprocityDEF 14A0001628280-26-027508Target Corporation's most recent proxy was read; its disclosed peer group does not include Cardinal Health. Filing ↗
98Section 10a, United Parcel Service, Inc. reciprocityDEF 14A0001628280-26-019856United Parcel Service, Inc.'s most recent proxy was read; its disclosed peer group does not include Cardinal Health. Filing ↗