Form 4: Cencora Officer's RSU Vesting & Tax Sale

Cencora's SVP & Chief Accounting Officer, Lazarus Krikorian, reported the vesting of restricted stock units and a subsequent sale of shares to cover tax obligations.

Summary

• Lazarus Krikorian, SVP & Chief Accounting Officer of Cencora, Inc. (COR), reported transactions on December 15, 2025.
• Acquired 91 shares of common stock upon the vesting of Restricted Stock Units (RSUs).
• Disposed of 91 shares of common stock at a price of $350.32 per share to cover FICA obligations and associated income taxes.
• Following these transactions, Krikorian directly owns 21,185 shares of common stock and 2,180 Restricted Stock Units.
• The RSUs were granted for no consideration and vest in three equal installments on November 12, 2026, November 12, 2027, and November 12, 2028.

Sentiment

Score: 5

Explanation: Neutral. The filing reports a routine insider transaction involving the vesting of restricted stock units and a subsequent sale of shares to cover tax obligations, which is a standard practice and does not indicate any significant positive or negative sentiment regarding the company's performance or outlook.

Positives

• Vesting of 91 Restricted Stock Units indicates a portion of the executive's long-term incentive compensation has materialized.
• Continued significant direct ownership of 21,185 common shares and 2,180 Restricted Stock Units by a key executive.

Negatives

• Disposition of 91 shares of common stock, valued at $350.32 per share, to cover tax obligations, reducing direct share ownership.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The vesting of Restricted Stock Units and subsequent disposition of shares for tax purposes are part of the executive compensation plan, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, small-scale executive compensation transaction.
• Employees: No direct impact on general employees.
• Management: Lazarus Krikorian's compensation structure includes long-term incentives, aligning his interests with shareholder value.

Next Steps

• Remaining Restricted Stock Units are scheduled to vest in two further equal installments on November 12, 2027, and November 12, 2028.

Key Dates

Keywords

Cencora, COR, Lazarus Krikorian, Form 4, insider transaction, restricted stock units, RSU vesting, stock disposition, tax withholding, executive compensation