Form 4: Centene Director James Dallas Acquires Shares in Open Market Transaction

Director James Dallas of Centene Corp. acquired 1,693 shares of common stock at $59.01 per share on December 16, 2024.

Summary

• James Dallas, a director at Centene Corp., purchased 1,693 shares of common stock on December 16, 2024.
• The shares were acquired at a price of $59.01 each.
• Following the transaction, Mr. Dallas directly owns 40,303.185 shares of Centene common stock, which includes 2,916 restricted stock units.
• He also indirectly owns 1,693 shares through a revocable family trust where he serves as a co-trustee.
• Mr. Dallas also holds options to purchase 10,000 shares of common stock at an exercise price of $62.81, which were granted on February 3, 2023 and expire on February 3, 2030.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction by a company director. While the purchase is a positive signal, it's not a major event that would significantly impact sentiment.

Positives

• The purchase of shares by a director can be seen as a positive sign of confidence in the company's future prospects.

Industry Context

This is a routine filing related to insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical insider trading activity.
• The purchase of shares by a director is a common occurrence and is not unusual in the context of corporate governance.

Stakeholder Impact

• The purchase of shares by a director may have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Centene, CNC, Director, James Dallas, Stock Purchase, Insider Trading, Form 4, Equity, Share Acquisition, Common Stock, Options, Restricted Stock Units