Form 4: Centene CFO Asher Andrew Lynn Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Centene's CFO, Asher Andrew Lynn, reports a transaction involving the withholding of shares for taxes upon the vesting of restricted stock units.
Summary
- On April 26, 2024, Centene CFO Asher Andrew Lynn reported a transaction involving common stock.
- 4,638 shares were withheld for taxes upon the vesting of previously-reported restricted stock units at a price of $75.68 per share.
- Following the transaction, Lynn directly owns 476,206.48 shares of Centene common stock.
- This ownership includes 268,880 shares of previously-granted restricted stock units and performance stock units subject to vesting requirements.
- Lynn also holds options to purchase 13,449 shares of common stock at an exercise price of $81.85, which may become exercisable on or after December 15, 2024, if certain stock price conditions are met.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to executive stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 04/26/2024 | Date of transaction involving common stock. |
| 04/29/2024 | Date of signature on the report. |
| 12/15/2021 | Date of grant for Performance Stock Option. |
| 12/15/2024 | Earliest date Performance Stock Option may become exercisable. |
| 12/15/2031 | Expiration date of the Common Stock Option. |
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