Form 4: Centene CFO Asher Andrew Lynn Reports Stock Transactions
SEC Form 4 Filing
Centene's Chief Financial Officer, Asher Andrew Lynn, reported the disposal of shares to cover tax obligations and updated holdings of common stock and stock options.
Summary
- On April 26, 2025, Asher Andrew Lynn, the Chief Financial Officer of Centene Corp, reported a transaction involving common stock.
- 10,566 shares were disposed of to cover tax obligations at a price of $57.69 per share.
- Following the transaction, Lynn directly owns 657,642.48 shares of Centene common stock, which includes 384,247 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 Centene's stock price reaches $100 for 20 consecutive trading days.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The document does not contain specific forward-looking statements beyond the vesting and exercisability conditions of the stock options and restricted stock units.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 12/15/2021 | Date of Performance Stock Option grant. |
| 04/26/2025 | Date of stock transaction (disposal of shares for taxes). |
| 04/28/2025 | Date of signature for the report. |
| 12/15/2031 | Expiration date of Common Stock Option (right to buy). |
Keywords
Centene, CNC, Asher Andrew Lynn, Chief Financial Officer, Form 4, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Performance Stock Units, Stock Options
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