Felicia F. Norwood - 02 Mar 2026 Form 4 Insider Report for Elevance Health, Inc. (ELV)

Role: EVP &Chief Health Benefits Ofr
Signature: /s/ Kathleen S. Kiefer, Attorney in fact
Issuer symbol: ELV
Transactions as of: 02 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 04 Mar 2026, 16:58:49 UTC
Previous filing: 01 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Norwood Felicia F	EVP &Chief Health Benefits Ofr	220 VIRGINIA AVENUE, INDIANAPOLIS	/s/ Kathleen S. Kiefer, Attorney in fact	04 Mar 2026	0001743548

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ELV	Common Stock	Tax liability		-1,421	-4.4%	$294.07^*	30,518	02 Mar 2026	Direct	F1
transaction	ELV	Common Stock	Award		+5,951	+19%	$0.000000^*	36,469	02 Mar 2026	Direct	F2
transaction	ELV	Common Stock	Award		+2,865	+7.9%	$0.000000^*	39,334	02 Mar 2026	Direct	F3
transaction	ELV	Common Stock	Tax liability		-496	-1.3%	$284.03^*	38,838	03 Mar 2026	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ELV	Employee Stock Option (Right to Buy)	Award		+23,512		$0.000000^*	23,512	02 Mar 2026	Common Stock	23,512	$294.07	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	PAYMENT OF TAX LIABILITY BY WITHHOLDING STOCK INCIDENT TO THE VESTING OF PREVIOUSLY GRANTED RESTRICTED STOCK.
F2	Represents restricted share units. Restrictions lapse as follows: 1,983 shares on 3/2/2027, and 1,984 shares each on 3/2/2028 and 3/2/2029.
F3	Represents performance based restricted share units. Restrictions lapsed on 3/2/2026.
F4	The option represents a right to purchase a total of 23,512 shares, and is exercisable in two installments of 7,837 shares each and one installment of 7,838 shares, beginning on 3/2/2027, which is the one-year anniversary of the option grant date.