Form 4: Cencora Director Lauren M. Tyler Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Lauren M. Tyler acquired 110 shares of Cencora, Inc. common stock on May 1, 2024, at a price of $229.2 per share.
Summary
- On May 1, 2024, Lauren M. Tyler, a director of Cencora, Inc., acquired 110 shares of common stock.
- The acquisition was made at a price of $229.2 per share.
- Following the transaction, Tyler directly owns 1,673 shares of Cencora common stock.
- The shares were received as Restricted Stock Units in lieu of $25,000 quarterly cash retainer per the Registrant's Non-Employee Director Compensation Program.
- Delivery of vested shares deferred until 03/01/2025.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director acquiring shares is generally a good sign, but it's part of a compensation plan, so it's not necessarily a strong signal.
Positives
- A director's acquisition of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock. This filing indicates a director's ongoing investment in the company.
Stakeholder Impact
- The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction: Lauren M. Tyler acquired 110 shares of Cencora common stock. |
| 03/01/2025 | Delivery of vested shares deferred until this date. |
| 05/03/2024 | Date of signature on the Form 4 filing. |
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