Form 4: Cencora Executive Vice President Robert P. Mauch Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President & COO of Cencora, Robert P. Mauch, reports the acquisition and disposal of Cencora (COR) common stock and the exercise of non-qualified stock options.
Summary
- Robert P. Mauch, Executive Vice President & COO of Cencora, filed a Form 4 detailing changes in beneficial ownership.
- On April 15, 2024, Mauch exercised non-qualified stock options to acquire 33,877 shares of Cencora common stock at a price of $89.58 per share.
- On the same day, Mauch sold 57,564 shares of Cencora common stock at a weighted average price of $235.09 per share, with individual transactions ranging from $234.17 to $236.56.
- Following these transactions, Mauch directly owns 24,412 shares of Cencora common stock.
- The sale of stock was executed under a Rule 10b5-1 trading plan established on December 19, 2023.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding executive sentiment and compensation.
Key Dates
| Date | Description |
|---|---|
| 12/19/2023 | Date of establishment of Rule 10b5-1 trading plan |
| 04/15/2024 | Date of stock option exercise and stock sale |
| 04/17/2024 | Date of Form 4 filing |
| 11/14/2025 | Expiration date of Non-qualified Stock Option (Right to Buy) |
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