<SEC-DOCUMENT>0001127602-21-012769.txt : 20210402
<SEC-HEADER>0001127602-21-012769.hdr.sgml : 20210402
<ACCEPTANCE-DATETIME>20210402172005
ACCESSION NUMBER:		0001127602-21-012769
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210201
FILED AS OF DATE:		20210402
DATE AS OF CHANGE:		20210402

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Lynch Karen S
		CENTRAL INDEX KEY:			0001333760

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-01011
		FILM NUMBER:		21802959

	MAIL ADDRESS:	
		STREET 1:		151 FARMINGTON AVENUE
		STREET 2:		RW61
		CITY:			HARTFORD
		STATE:			CT
		ZIP:			06156

	FORMER NAME:	
		FORMER CONFORMED NAME:	Rohan Karen
		DATE OF NAME CHANGE:	20050721

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CVS HEALTH Corp
		CENTRAL INDEX KEY:			0000064803
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-DRUG STORES AND PROPRIETARY STORES [5912]
		IRS NUMBER:				050494040
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		ONE CVS DR.
		CITY:			WOONSOCKET
		STATE:			RI
		ZIP:			02895
		BUSINESS PHONE:		4017651500

	MAIL ADDRESS:	
		STREET 1:		ONE CVS DR.
		CITY:			WOONSOCKET
		STATE:			RI
		ZIP:			02895

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CVS CAREMARK CORP
		DATE OF NAME CHANGE:	20070509

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CVS/CAREMARK CORP
		DATE OF NAME CHANGE:	20070322

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CVS CORP
		DATE OF NAME CHANGE:	19970128
</SEC-HEADER>
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<SEQUENCE>1
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    <periodOfReport>2021-02-01</periodOfReport>

    <issuer>
        <issuerCik>0000064803</issuerCik>
        <issuerName>CVS HEALTH Corp</issuerName>
        <issuerTradingSymbol>CVS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001333760</rptOwnerCik>
            <rptOwnerName>Lynch Karen S</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ONE CVS DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WOONSOCKET</rptOwnerCity>
            <rptOwnerState>RI</rptOwnerState>
            <rptOwnerZipCode>02895</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOfficer>1</isOfficer>
            <officerTitle>EVP and President, Aetna</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
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                <value>Common Stock</value>
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                <value>Stock Option</value>
            </securityTitle>
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                <value>54.19</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2020-04-01</value>
                <footnoteId id="F6"/>
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            <expirationDate>
                <value>2029-04-01</value>
            </expirationDate>
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                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
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                </underlyingSecurityShares>
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        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>58.34</value>
                <footnoteId id="F7"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2021-04-01</value>
                <footnoteId id="F8"/>
            </exerciseDate>
            <expirationDate>
                <value>2030-04-01</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>211196</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
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                <sharesOwnedFollowingTransaction>
                    <value>211196</value>
                </sharesOwnedFollowingTransaction>
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    <footnotes>
        <footnote id="F1">Represents shares earned by the reporting person pursuant to certain performance stock units (the &quot;PSUs&quot;), which were granted to the reporting person under the Issuer's Aetna Inc. 2010 Incentive Compensation Plan on February 1, 2021.  The PSUs were earned based on the attainment of certain performance metrics, which performance metrics were certified by the Management and Planning Committee of the Board of Directors of the Issuer on February 1, 2021.  The PSUs vested and settled on April 1, 2021.</footnote>
        <footnote id="F2">Surrender of shares in payment of taxes due upon the vesting and settlement of the PSUs on April 1, 2021.</footnote>
        <footnote id="F3">Option becomes exercisable in four equal installments, commencing 4/1/2022.</footnote>
        <footnote id="F4">Represents unvested Aetna Inc. Stock Appreciation Rights (&quot;SARs&quot;) granted under the Aetna Inc. 2010 Stock Incentive Plan (the &quot;Aetna Plan&quot;) on February 17, 2017 that were converted into CVS Health SARs pursuant to the terms of the CVS/Aetna Merger Agreement. These SARs vested in two substantially equal annual installments beginning on February 17, 2019.</footnote>
        <footnote id="F5">Represents unvested SARs granted under the Aetna Plan on February 19, 2016 that were converted into CVS Health SARs pursuant to the terms of the CVS/Aetna Merger Agreement. These SARs vested on February 19, 2019.</footnote>
        <footnote id="F6">Option became exercisable in four equal annual installments, commencing 4/1/2020.</footnote>
        <footnote id="F7">The number of shares subject to the option were calculated using a 30-day average price.</footnote>
        <footnote id="F8">Options became exercisable in four equal installments, commencing 4/1/2021.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Karen S. Lynch</signatureName>
        <signatureDate>2021-04-02</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
