CNC.NYSECentene CORP

Form 4: Centene Director Lori Jean Robinson Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4

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Director Lori Jean Robinson reports acquisition and disposal of Centene Corp (CNC) common stock and restricted stock units.

Summary

  • On May 14, 2024, Lori Jean Robinson, a director of Centene Corp (CNC), reported changes in beneficial ownership.
  • Robinson acquired 2,916 shares of common stock at $0 and disposed of 14,371 shares.
  • Following the reported transactions, Robinson beneficially owns 14,371 shares of common stock.
  • The acquired shares represent restricted stock units that will vest on the earlier of May 14, 2025, or the date of Centene's next annual meeting of stockholders.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Future Outlook

The restricted stock units will vest on the earlier of May 14, 2025, or the date of the Registrant's next annual meeting of stockholders.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the stock transactions of a company director.

Key Dates

DateDescription
05/14/2024Date of transaction: acquisition of 2,916 shares and disposal of 14,371 shares.
05/14/2025Vesting date for 2,916 restricted stock units, or earlier if the next annual meeting occurs before this date.
05/15/2024Date of signature for the report.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.