Michael D. Witzeman - 13 Feb 2026 Form 4 Insider Report for CHEMED CORP (CHE)

Reporting relationship: VP & Chief Financial Officer
Issuer ticker: CHE
Reported as of: 13 Feb 2026
Net transaction value: +$137,581
SEC form: 4
Accepted by SEC: 17 Feb 2026, 15:37:01 UTC
Prior SEC filing: 22 Oct 2025
Source filing: View source filing
Reporting owner signature: Michael D. Witzeman

Key filing fact

Michael D. Witzeman filed Form 4 for CHEMED CORP (CHE) on 17 Feb 2026.

Key facts

This page summarizes Michael D. Witzeman's Form 4 filing for CHEMED CORP (CHE).
6 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 17 Feb 2026, 15:37.

Change

Previous filing in this sequence was filed on 22 Oct 2025.
Current net transaction value: +$137,581.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001699624 Primary reporting owner

Witzeman Michael D

Relationship: VP & Chief Financial Officer
Address: 2600 CHEMED CENTER, 255 EAST FIFTH STREET, CINCINNATI
Signature: Michael D. Witzeman
Signature date: 17 Feb 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CHE transaction

Capital Stock

Options Exercise

Transaction value: $193,928
Shares: +413
Change %: +7.3%
Price: $469.56
Shares after: 6,073
Date: 13 Feb 2026
Ownership: Direct
Footnotes: F1

CHE transaction

Capital Stock

Options Exercise

Transaction value: $0
Shares: 0
Change %: 0%
Price: $469.56
Shares after: 6,073
Date: 13 Feb 2026
Ownership: Direct
Footnotes: F2

CHE transaction

Capital Stock

Tax liability

Transaction value: $56,347
Shares: -120
Change %: -2%
Price: $469.56
Shares after: 5,953
Date: 13 Feb 2026
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CHE transaction Derivative

Performance Stock Units

Options Exercise

Transaction value: $0
Shares: -333
Change %: -12%
Price: $0.000000
Shares after: 2,403
Date: 13 Feb 2026
Ownership: Direct
Underlying class: Capital Stock
Underlying amount: 333
Exercise price
Footnotes: F4, F5

CHE transaction Derivative

Performance Stock Units

Options Exercise

Transaction value: $0
Shares: -333
Change %: -14%
Price: $0.000000
Shares after: 2,070
Date: 13 Feb 2026
Ownership: Direct
Underlying class: Capital Stock
Underlying amount: 333
Exercise price
Footnotes: F4, F5

CHE transaction Derivative

Performance Stock Units

Award

Transaction value: $0
Shares: +1,394
Change %: +67%
Price: $0.000000
Shares after: 3,464
Date: 13 Feb 2026
Ownership: Direct
Underlying class: Capital Stock
Underlying amount: 1,394
Exercise price
Footnotes: F6, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

The number of performance stock units ("PSUs") that vested was based on the Company's cumulative adjusted earnings per share for the period January 1, 2023 through December 31, 2025. The actual performance of $67.67 exceeded the maximum payout threshold of $66.46 and therefore yielded an award of 123% of target; including the reinvestment of dividends paid during such period, the award is 124.1% of target.

Footnote F2

The number of PSUs that vested was based on the Company's achieving relative total shareholder returns for the period January 1, 2023 through December 31, 2025, compared to a defined peer group of companies. The Company's performance ranked in the 7th percentile of that group, yielding an award of 0%; including the reinvestment of dividends paid during such period, the award is 0% of target.

Footnote F3

Shares withheld to satisfy tax obligations in connection with vesting of PSUs.

Footnote F4

Each PSU reflects the contingent right to receive a variable number of shares of capital stock based on achieving performance goals. PSUs were settled in shares on their scheduled vesting date as determined by the Compensation Committee.

Footnote F5

PSUs awarded February 17, 2023 vest based on achievement of performance targets over a period of January 1, 2023 to December 31, 2025. The determination of the performance level is to be made by March 15, 2026.

Footnote F6

Each performance stock unit represents a contingent right to receive one share of Chemed Capital Stock

Footnote F7

Performance stock units vest based on the extent to which the Company achieves certain performance targets over a performance period of January 1, 2026 to December 31, 2028. The determination of the performance level is to be made by March 15, 2029 and earned shares to be delivered thereafter.