Form 4: Centene Director Theodore R. Samuels II Acquires Shares and Holds Options
SEC Form 4
Director Theodore R. Samuels II reports acquisition of Centene Corp shares and holdings in derivative securities.
Summary
- On March 31, 2025, Theodore R. Samuels II, a director of Centene Corp, acquired 416 shares of common stock at $0.
- Following the transaction, Samuels directly owns 14,452.979 shares of common stock, which includes 2,916 shares of restricted stock units subject to vesting requirements.
- Samuels also indirectly owns 23,000 shares through a family trust where he serves as a co-trustee.
- Additionally, Samuels holds options to buy 10,000 shares of common stock at an exercise price of $80.57, exercisable from February 7, 2025, to February 7, 2032.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, like directors, who trade in their company's stock. It provides transparency to the market regarding the transactions of those with privileged information.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/07/2025 | Date Common Stock Option becomes exercisable |
| 02/07/2032 | Expiration date of Common Stock Option |
| 03/31/2025 | Date of transaction: acquisition of common stock |
| 04/02/2025 | Date of signature on the report |
Keywords
Centene Corp, Director, Samuels, Stock, Options, Beneficial Ownership, Form 4
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