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

Katie Casso, Corporate Controller & CAO of Centene Corp, reports transactions involving common stock, including shares withheld for taxes and the acquisition of restricted stock units and performance stock units.

Summary

• On March 15, 2025, Katie Casso, Corporate Controller & CAO of Centene Corp, reported changes in beneficial ownership of the company's common stock.
• 1,618 shares were withheld for taxes upon the vesting of previously-reported restricted stock units at a price of $58.19.
• Casso acquired 27,496 shares of common stock, including 13,748 restricted stock units that vest in three annual installments and 13,748 performance stock units reported at target level performance.
• Following these transactions, Casso beneficially owns 98,412 shares of Centene Corp common stock, which includes 39,778 shares of previously-granted restricted stock units and performance stock units subject to vesting requirements.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document primarily reports routine transactions related to stock-based compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The acquisition of 27,496 shares, including restricted stock units and performance stock units, indicates a continued investment in the company by a key officer.

Future Outlook

The actual number of performance stock units vesting on March 15, 2028, is predicated on meeting three-year performance conditions.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates