Form 4: Centene Corp Director Acquires Shares in Year-End Transaction
SEC Form 4 Filing
Centene Corp director Frederick H. Eppinger acquired 414 shares of common stock on December 31, 2024, increasing his total holdings to 352,198.658 shares.
Summary
- Director Frederick H. Eppinger acquired 414 shares of Centene Corp common stock on December 31, 2024.
- The acquisition was made at a price of $0 per share, likely due to the nature of the transaction.
- Following the transaction, Eppinger's total direct holdings in Centene Corp amount to 352,198.658 shares.
- This total includes 4,861 shares of restricted stock units that are subject to vesting requirements.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing regarding a director's stock transaction, which is neither positive nor negative in itself. It is a neutral event.
Industry Context
This is a routine filing related to a director's stock transactions and is common in publicly traded companies. It does not indicate any specific trend in the healthcare industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for corporate insiders in publicly traded companies, such as Centene Corp, and are required by the SEC.
- The transaction is similar to those of other directors at comparable companies, such as UnitedHealth Group (UNH) or CVS Health (CVS), who also regularly report their stock transactions.
- The acquisition of shares by a director is a common occurrence and does not necessarily indicate a significant change in the company's performance or outlook.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine director stock acquisition.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of the share acquisition transaction. |
| 01/03/2025 | Date the Form 4 was signed. |
Keywords
Centene Corp, Director, Share Acquisition, Form 4, Stock Ownership, Frederick H. Eppinger, Restricted Stock Units
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