Form 4: Cencora Executive Chairman Steven Collis Executes Stock Option and Sells Shares

Steven Collis, Executive Chairman of Cencora, exercised stock options and sold shares under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On April 22, 2025, Steven H. Collis, Executive Chairman of Cencora, Inc., executed a transaction involving the company's stock.
• Collis exercised non-qualified stock options to acquire 12,579 shares of common stock at a price of $86.09 per share.
• Simultaneously, Collis sold 14,579 shares of common stock at a price of $281.81 per share.
• Following these transactions, Collis directly owns 315,912.665 shares of Cencora common stock.
• The sale of shares was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on November 25, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports transactions executed under a pre-existing plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Executive stock transactions are common and closely monitored by investors as they can provide insights into management's perspective on the company's value and future prospects. Rule 10b5-1 plans are often used to avoid accusations of insider trading.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the pre-planned nature of the sale mitigates concerns about insider information.

Key Dates

Keywords

Cencora, Steven Collis, stock options, stock sale, Form 4, Rule 10b5-1, executive chairman, COR