Cardinal Health's Medical Segment Boss Sold $8 Million in Stock. Here's What to Know

Stephen M. Mason, CEO of Cardinal Health's GMPD Segment, sold 35,000 shares worth $8.3 million on August 18, reducing his direct holdings by 29%. While the stock has gained 57% over the past year, the Medical segment continues to face challenges with declining revenue and profit margins, with fiscal 2027 projections ranging from $200-220 million depending on geopolitical factors.