CNC.NYSECentene CORP

Form 4: Centene Director Christopher Coughlin Reports Acquisition of 500 Shares

Sentiment:

SEC Form 4 Filing


Director Christopher Coughlin reports acquiring 500 shares of Centene Corp common stock and beneficially owns 7,300.926 shares directly and 30,054 indirectly through a grantor retained annuity trust.

Summary

  • On March 31, 2025, Christopher J Coughlin, a director of Centene Corp, acquired 500 shares of common stock at $0.
  • Following the transaction, Mr. Coughlin directly owns 7,300.926 shares of common stock, which includes 2,916 shares of restricted stock units subject to vesting requirements.
  • Mr. Coughlin also indirectly owns 30,054 shares through a Grantor Retained Annuity Trust.
  • Mr. Coughlin also owns options to buy 10,000 shares of common stock at an exercise price of $80.57, exercisable from February 7, 2025, and expiring on February 7, 2032.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director. The acquisition itself could be seen as slightly positive, but without more context, it's difficult to gauge the overall impact.

Positives

  • Director Christopher Coughlin's acquisition of additional shares may signal confidence in the company's future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding insider trading activity.

Key Dates

DateDescription
02/07/2025Date Common Stock Option becomes exercisable
02/07/2032Expiration date of Common Stock Option
03/31/2025Date of transaction: acquisition of 500 shares of common stock
04/02/2025Date of signature for the Form 4 filing

Keywords

Centene, CNC, Director, Christopher Coughlin, Stock Acquisition, Beneficial Ownership, Form 4, Grantor Retained Annuity Trust, Stock Options, Restricted Stock Units

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