Form 4: Cencora Director Clyburn Acquires 368 Shares of Common Stock
SEC Form 4 Filing
Director Frank Clyburn acquired 368 shares of Cencora, Inc. common stock on November 1, 2024, at a price of $234.27 per share.
Summary
- Frank Clyburn, a director of Cencora, Inc., acquired 368 shares of common stock on November 1, 2024.
- The purchase price was $234.27 per share.
- The shares were acquired directly by Mr. Clyburn.
- Mr. Clyburn also received restricted stock units that vest 100% on the first anniversary of the grant date.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. It's a routine transaction, but insider buying can be seen as a vote of confidence.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Future Outlook
The document does not contain specific forward-looking statements, but the acquisition of shares by a director could be interpreted as a positive signal regarding their confidence in the company's future.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when a company insider, such as a director, engages in a transaction involving the company's securities. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of transaction: Frank Clyburn acquired 368 shares of Cencora common stock. |
| 11/05/2024 | Date of signature on the Form 4 filing. |
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