Form 4: Centene Corp Corporate Controller & CAO Katie Casso Reports Changes in Beneficial Ownership

Katie Casso, Corporate Controller & CAO of Centene Corp, reports the forfeiture of performance stock units and shares withheld for taxes, resulting in adjustments to her beneficial ownership.

Summary

• On February 4, 2025, Katie Casso, Corporate Controller & CAO of Centene Corp, reported changes in her beneficial ownership of Centene Corp stock.
• She forfeited 1,574 performance stock units due to the company's performance over the applicable period.
• 626 shares were withheld for taxes upon the vesting of previously reported performance stock units at a price of $64.82.
• Following these transactions, Casso's direct ownership includes 72,534 shares of common stock.
• This ownership includes 43,448 shares of previously-granted restricted stock units and performance stock units subject to vesting requirements.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects routine transactions related to stock unit vesting and forfeiture. The forfeiture itself could be seen as slightly negative, but it's a standard part of compensation plans.

Negatives

• Katie Casso forfeited 1,574 performance stock units due to the company's performance not meeting certain objectives.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the transactions of company executives.

Stakeholder Impact

• Shareholders are informed about changes in insider ownership, providing transparency.

Key Dates

Keywords

Centene Corp, Katie Casso, Form 4, Beneficial Ownership, Performance Stock Units, Restricted Stock Units, Forfeiture, Vesting, CNC