Form 4: Cencora EVP Verma Reports RSU Vesting & Tax Withholding

Cencora's EVP, Chief Data & Information Officer, Pawan Verma, reported the vesting of 8,537 restricted stock units and the subsequent disposition of 4,367 shares for tax withholding purposes.

Summary

• Pawan Verma, EVP, Chief Data & Info Officer of Cencora, Inc. (COR), reported transactions on October 31, 2025.
• Acquired 8,537 shares of Common Stock at a price of $337.81 per share due to the vesting of Restricted Stock Units (RSUs).
• Disposed of 4,367 shares of Common Stock at $337.81 per share to satisfy tax withholding obligations related to the RSU vesting.
• Following these transactions, Verma beneficially owns 4,184.05 shares of Common Stock directly.
• The Restricted Stock Units were granted on November 1, 2024, in connection with Verma's hire.

Sentiment

Score: 5

Explanation: Neutral. This is a routine disclosure of executive compensation vesting and tax withholding, which is a standard event and does not indicate a positive or negative shift in company performance or outlook.

Positives

• Vesting of 8,537 Restricted Stock Units indicates a compensation event for the executive.
• The executive's continued beneficial ownership of 4,184.05 shares aligns their interests with shareholders.

Negatives

• Disposition of 4,367 shares for tax withholding reduces the executive's direct shareholding.

Future Outlook

There are no forward-looking statements or guidance provided in this filing.

Industry Context

This is a routine insider transaction related to executive compensation, common across all industries for publicly traded companies. It does not reflect broader industry trends for Cencora's sector.

Stakeholder Impact

• Shareholders: Minor impact as it's a routine compensation event, showing executive alignment through share ownership, albeit with some shares sold for tax purposes.
• Employees: No direct impact beyond the executive involved.

Key Dates

Keywords

Cencora, COR, Pawan Verma, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Share Ownership, Tax Withholding