Form 4: Cencora Director Dennis M. Nally Acquires Shares in Lieu of Cash Retainer
SEC Form 4 Filing
Director Dennis M. Nally acquired 123 shares of Cencora, Inc. common stock on January 31, 2025, in lieu of a cash retainer.
Summary
- On January 31, 2025, Dennis M. Nally, a director of Cencora, Inc., acquired 123 shares of common stock.
- The acquisition was in lieu of a $31,250 quarterly cash retainer, as per the company's Non-Employee Director Compensation Program.
- The price per share was $254.21.
- Following the transaction, Nally directly owns 12,341 shares of Cencora common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. A director accepting shares instead of cash suggests confidence in the company's stock.
Positives
- A director taking shares in lieu of cash demonstrates confidence in the company's future.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of transaction: Dennis M. Nally acquired shares of common stock. |
| 02/04/2025 | Date of signature on the Form 4 filing. |
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