FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Chaguturu Sreekanth K
2. Date of Event Requiring Statement (MM/DD/YYYY)
5/11/2022 

3. Issuer Name and Ticker or Trading Symbol

CVS HEALTH Corp [CVS]
(Last)        (First)        (Middle)

ONE CVS DRIVE
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
EVP and Chief Medical Officer /
(Street)

WOONSOCKET, RI 02895      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock (RSU) (1)996 I RSU 
Common Stock (RSU) (2)354 I RSU 
Common Stock (RSU) (3)2154 I RSU 
Common Stock (RSU) (4)1258 I RSU 
Common Stock (RSU) (5)2085 I RSU 
Common Stock (RSU) (6)2776 I RSU 
Common Stock (RSU) (7)6182 I RSU 
Common Stock 2342.7803 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option 11/29/2020 (8)11/29/2029 Common Stock 5952 $75.27 I Option 
Stock Option 4/1/2021 (9)4/1/2030 Common Stock 9579 $58.34 I Option 
Stock Option 4/1/2022 (10)4/1/2031 Common Stock 9502 $74.30 I Option 
Stock Option 4/1/2023 (11)4/1/2032 Common Stock 12993 $101.09 I Option 

Explanation of Responses:
(1) Consists of Restricted Stock Units (RSUs) awarded pursuant to the Issuer's 2017 Stock Incentive Plan. Restrictions lapse on the third anniversary of the grant date.
(2) Consists of remaining RSUs awarded pursuant to the Issuer's Performance-Based Restricted Stock Plan, a sub-plan under its 2017 Stock Incentive Plan. Restrictions on remaining RSUs lapse on 2/28/2023.
(3) Consists of remaining RSUs awarded pursuant to the Issuer's 2017 Stock Incentive Plan. Restrictions on the remaining RSUs lapse in two equal installments beginning 4/1/2023.
(4) Consists of remaining RSUs awarded pursuant to the Issuer's 2017 Stock Incentive Plan. Restrictions on the remaining RSUs lapse in two equal installments beginning 4/1/2023.
(5) Consists of remaining RSUs awarded pursuant to the Issuer's Performance-Based Restricted Stock Plan, a sub-plan under its 2017 Stock Incentive Plan. Restrictions on remaining RSUs lapse in two equal installments beginning 2/26/2023.
(6) Consists of RSUs awarded pursuant to the Issuer's 2017 Stock Incentive Plan. Restrictions on remaining RSUs lapse in three equal installments beginning 4/1/2023.
(7) Consists of remaining RSUs awarded pursuant to the Issuer's 2017 Stock Incentive Plan. Restrictions lapse in four equal installments beginning 4/1/2023.
(8) Option becomes exercisable in four equal annual installments, commencing 11/29/2020.
(9) Option becomes exercisable in four equal annual installments, commencing 4/1/2021.
(10) Option becomes exercisable in four equal annual installments, commencing 4/1/2022.
(11) Option becomes exercisable in four equal annual installments, commencing 4/1/2023.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Chaguturu Sreekanth K
ONE CVS DRIVE
WOONSOCKET, RI 02895


EVP and Chief Medical Officer

Signatures
/s/ Sreekanth K. Chaguturu5/19/2022
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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