Form 4: Cencora CFO James F. Cleary Reports Stock Transactions
SEC Form 4 Filing
James F. Cleary, CFO of Cencora, Inc., reports the lapsing of restrictions on stock units to cover tax obligations.
Summary
- On December 18, 2024, James F. Cleary, the Chief Financial Officer of Cencora, Inc., reported transactions involving common stock and restricted stock units.
- 207 common stock units were acquired through the lapsing of restrictions on restricted stock units.
- 207 common stock units were disposed of to cover FICA obligations and associated income taxes, at a price of $232.24 per share.
- Following these transactions, Cleary directly owns 149,293.3479 shares of Cencora common stock and 6,043 restricted stock units.
- The restricted stock units were granted on November 20, 2024, and vest in three equal installments on November 20, 2025, November 20, 2026, and November 20, 2027.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common among publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a small number of shares relative to the total outstanding shares of Cencora.
- The transactions affect the reporting person's holdings in the company.
Key Dates
| Date | Description |
|---|---|
| 11/20/2024 | Grant date of restricted stock units. |
| 11/20/2025 | First vesting date of restricted stock units. |
| 11/20/2026 | Second vesting date of restricted stock units. |
| 11/20/2027 | Third vesting date of restricted stock units. |
| 12/18/2024 | Date of stock transactions. |
| 12/20/2024 | Date of Form 4 signature. |
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