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

Executive Vice President Elizabeth S. Campbell of Cencora, Inc. reports the acquisition of common stock and restricted stock units, along with the disposition 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 8, 2024.
• These transactions include the acquisition of common stock through the vesting of restricted stock units and the subsequent sale of some shares to cover tax obligations.
• Specifically, 1,274 shares were acquired from restricted stock units that vested on November 10, 2024, and 571 shares were sold to cover taxes.
• Additionally, 2,023 shares were acquired from restricted stock units vesting on November 9, 2024, with 632 shares sold for tax purposes.
• Finally, 1,829 shares were acquired from restricted stock units vesting on November 8, 2024, and 572 shares were sold to cover taxes.
• After these transactions, Ms. Campbell directly owns 11,655.322 shares of Cencora common stock.

Sentiment

Score: 7

Explanation: The document reflects standard executive stock transactions, which are neither particularly positive nor negative. The sentiment is neutral to slightly positive due to the vesting of stock units.

Positives

• The vesting of restricted stock units indicates that Ms. Campbell is meeting the conditions of her compensation package.
• The acquisition of shares increases her direct ownership in the company.

Negatives

• The sale of shares to cover tax obligations reduces the total number of shares held by Ms. Campbell.

Risks

• There are no specific risks mentioned in this document, as it primarily details stock transactions by an executive.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies. It provides transparency into the ownership changes of company insiders.

Comparison to Industry Standards

• The reporting of stock transactions by executives is a standard practice across all publicly listed companies.
• The vesting schedules for restricted stock units are typical for executive compensation packages.
• The sale of shares to cover tax obligations is a common occurrence when restricted stock units vest.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates

Keywords

Cencora, stock transactions, restricted stock units, executive compensation, insider trading, Elizabeth S. Campbell, SEC Form 4