Form 4: Centene Corp Executive Susan Raye Smith Reports Stock Disposal for Tax Obligations

Susan Raye Smith, Chief Operating Officer of Centene Corp, disposed of 5,984 shares of common stock on June 15, 2024, to cover tax obligations related to vesting restricted stock units.

Summary

• On June 15, 2024, Susan Raye Smith, the Chief Operating Officer of Centene Corp, disposed of 5,984 shares of common stock.
• The transaction was executed to cover tax obligations arising from the vesting of previously reported restricted stock units.
• The shares were disposed of at a price of $68.93 per share.
• Following the transaction, Smith directly owns 60,839 shares, which includes 49,623 shares of previously-granted restricted stock units and performance stock units subject to vesting requirements.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor executive sentiment and potential alignment with company performance.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects an executive's personal financial management related to stock compensation.

Key Dates