LARRY ROBBINS - 02 May 2025 Form 4 Insider Report for CVS HEALTH Corp (CVS)

Role
Director
Signature
/s/ Larry Robbins
Issuer symbol
CVS
Transactions as of
02 May 2025
Transactions value $
-$253,695,413
Form type
4
Filing time
06 May 2025, 16:15:27 UTC
Previous filing
25 Nov 2024
Next filing
19 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
ROBBINS LARRY Director 767 FIFTH AVENUE, 44TH FLOOR, NEW YORK /s/ Larry Robbins 06 May 2025 0001228603

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVS Common Stock Sale -$113,190,186 -1,679,736 -14.06% $67.39 10,267,063 02 May 2025 Held by Glenview Investment Funds F1, F2, F3, F4
transaction CVS Common Stock Sale -$15,218,980 -222,556 -2.17% $68.38 10,044,507 02 May 2025 Held by Glenview Investment Funds F1, F3, F4, F5
transaction CVS Common Stock Sale -$26,035,591 -373,776 -3.72% $69.66 9,670,731 02 May 2025 Held by Glenview Investment Funds F1, F3, F4, F6
transaction CVS Common Stock Sale -$82,654,672 -1,226,933 -12.69% $67.37 8,443,798 05 May 2025 Held by Glenview Investment Funds F1, F3, F4, F7
transaction CVS Common Stock Sale -$6,595,272 -96,999 -1.15% $67.99 8,346,799 05 May 2025 Held by Glenview Investment Funds F1, F3, F4, F8
transaction CVS Common Stock Sale -$10,000,710 -150,000 -1.8% $66.67 8,196,799 06 May 2025 Held by Glenview Investment Funds F1, F3, F4, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of the Issuer's common stock (the "Shares") are held for the accounts of Glenview Capital Master Fund, Ltd., Glenview Offshore Opportunity Master Fund, Ltd. (the "GO Fund"), Glenview Healthcare Master Fund, L.P., and GCM Suggestivist I Master Fund, L.P. (collectively, the "Glenview Investment Funds").
F2 This price reflects the weighted average price for open-market sales of Shares on May 2, 2025 within a $1.00 range. The actual prices for these transactions range from $67.08 to $68.07, inclusive. The Reporting Person further undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares sold at each separate price.
F3 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.
F4 The Glenview Investment Funds are the record holders of the Shares. The Reporting Person is the Founder, Portfolio Manager and CEO of Glenview Capital Management, LLC, which serves as investment manager to each of the Glenview Investment Funds. The Reporting Person shares voting and dispositive power over the Shares held by the Glenview Investment Funds and may be deemed to beneficially own such Shares.
F5 This price reflects the weighted average price for open-market sales of Shares on May 2, 2025 within a $1.00 range. The actual prices for these transactions range from $68.08 to $69.0764, inclusive. The Reporting Person further undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares sold at each separate price.
F6 This price reflects the weighted average price for open-market sales of Shares on May 2, 2025 within a $1.00 range. The actual prices for these transactions range from $69.0817 to $70.035, inclusive. The Reporting Person further undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares sold at each separate price.
F7 This price reflects the weighted average price for open-market sales of Shares on May 5, 2025 within a $1.00 range. The actual prices for these transactions range from $66.925 to $67.92, inclusive. The Reporting Person further undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares sold at each separate price.
F8 This price reflects the weighted average price for open-market sales of Shares on May 5, 2025 within a $1.00 range. The actual prices for these transactions range from $67.925 to $68.26, inclusive. The Reporting Person further undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares sold at each separate price.
F9 This price reflects the weighted average price for open-market sales of Shares on May 6, 2025 within a $1.00 range. The actual prices for these transactions range from $66.235 to $67.05, inclusive. The Reporting Person further undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares sold at each separate price.