Form 4: Cencora Inc. CEO Robert Mauch Executes Stock Option and Sells Shares

Cencora's CEO, Robert Mauch, exercised stock options and sold a portion of the acquired shares on May 19, 2025, according to a recent SEC filing.

Summary

• On May 19, 2025, Robert P. Mauch, the President & CEO of Cencora, Inc., executed a transaction involving the company's stock.
• Mauch exercised non-qualified stock options to acquire 3,225 shares of common stock at a price of $86.09 per share.
• Simultaneously, Mauch sold 4,969 shares of common stock at a price of $291.43 per share.
• Following these transactions, Mauch directly owns 45,838 shares of Cencora stock and holds options for 32,252 shares.
• The sale of shares was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on November 15, 2024.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider trading activity. The CEO is exercising options and selling shares, which is a common practice. The existence of a 10b5-1 plan suggests this was pre-planned.

Industry Context

This filing is a routine disclosure of insider transactions. It's common for executives to have pre-arranged trading plans (Rule 10b5-1) to avoid accusations of trading on inside information.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership.

Key Dates

Keywords

Cencora, Robert Mauch, Stock Options, SEC Form 4, Insider Trading, Rule 10b5-1, Stock Sale