Form 4: Cencora Executive Chairman Steven Collis Executes Stock Option and Sells Shares
SEC Form 4 Filing
Steven Collis, Executive Chairman of Cencora, exercised stock options and sold shares under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On May 20, 2025, Steven H. Collis, Executive Chairman of Cencora, Inc., executed a transaction involving Cencora's common stock.
- Collis exercised non-qualified stock options to acquire 12,578 shares at a price of $86.09 per share.
- Simultaneously, Collis sold 14,578 shares of common stock at a price of $293.84 per share.
- These transactions were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on November 25, 2024.
- Following these transactions, Collis directly owns 313,912.665 shares of Cencora common stock and holds options for 125,785 shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting insider transactions, which is neutral in sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to the market.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 11/25/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 05/20/2025 | Date of stock option exercise and share sale |
| 05/21/2025 | Date of Form 4 filing |
Keywords
Cencora, Steven Collis, Stock Options, Share Sale, Form 4, Rule 10b5-1, Executive Chairman, COR
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