Form 4: Cencora Executive Vice President Elizabeth S. Campbell Reports Share Transactions

Executive Vice President of Cencora, Elizabeth S. Campbell, reports the acquisition of shares through performance share units and the disposal of shares to cover tax obligations.

Summary

• Elizabeth S. Campbell, an Executive Vice President at Cencora, Inc., reported several transactions involving the company's stock.
• On November 21, 2024, she acquired 13,177 shares of common stock at no cost due to the vesting of performance share units.
• On the same day, she disposed of 6,094 shares at a price of $225.08 per share to satisfy tax withholding obligations.
• Following these transactions, she directly owns 18,738.322 shares of common stock.
• Additionally, on November 20, 2024, she was granted 4,770 restricted stock units, which will vest in three equal installments on November 20, 2025, 2026, and 2027.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices and insider trading reporting, which is generally neutral to positive. The vesting of performance shares suggests the company is meeting its goals.

Positives

• The acquisition of 13,177 shares at no cost indicates the achievement of performance targets.
• The grant of 4,770 restricted stock units provides future incentive and aligns her interests with the company's long-term performance.

Negatives

• The disposal of 6,094 shares, while for tax purposes, reduces her overall shareholding.

Risks

• There are no specific risks mentioned in this document, as it primarily details share transactions.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This is a standard SEC Form 4 filing, which is common for executives reporting transactions in their company's stock. It provides transparency into insider trading activity.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, and Cencora's filing is consistent with these requirements.
• The transactions reported are typical for executives who receive stock-based compensation, such as performance share units and restricted stock units.
• The tax withholding process is also a standard practice when stock units vest.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
• The vesting of performance shares may be seen positively as it indicates the company is meeting its performance goals.

Key Dates

Keywords

Cencora, stock, share, executive, performance share units, restricted stock units, insider trading, Elizabeth S. Campbell