COR.NYSECencora, INC

Form 4: Cencora Inc. Executive Lazarus Krikorian Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


SVP & Chief Accounting Officer Lazarus Krikorian reports the vesting of restricted stock units and associated tax obligations.

Summary

  • On December 18, 2024, Lazarus Krikorian, SVP & Chief Accounting Officer of Cencora, Inc., reported transactions involving the company's common stock.
  • These transactions included the vesting of 108 restricted stock units and the disposal of 108 shares to cover FICA obligations and associated income taxes.
  • Following these transactions, Krikorian directly owns 21,988 shares of Cencora common stock and 3,285 restricted stock units.
  • The restricted stock units vest in three equal installments on November 20, 2025, November 20, 2026, and November 20, 2027.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard executive compensation practices, with no indication of unusual or concerning activity.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they are part of standard executive compensation practices.
  • The disclosure provides transparency to shareholders regarding executive stock ownership.

Key Dates

DateDescription
12/18/2024Date of stock transactions (vesting of restricted stock units and disposal of shares for tax obligations).
11/20/2025First vesting date of restricted stock units.
11/20/2026Second vesting date of restricted stock units.
11/20/2027Third vesting date of restricted stock units.
12/20/2024Date of signature on the Form 4 filing.

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