Form 4: Centene Director Theodore R. Samuels II Reports Acquisition of Common Stock

Theodore R. Samuels II, a director of Centene Corp, reported acquiring 335 shares of common stock on September 30, 2024.

Summary

• On September 30, 2024, Theodore R. Samuels II, a director of Centene Corp, acquired 335 shares of common stock at $0.
• Following the transaction, Samuels directly owns 13,622.979 shares of common stock, which includes 2,916 shares of restricted stock units subject to vesting requirements.
• Samuels also indirectly owns 18,000 shares through a revocable family trust where he serves as a co-trustee.
• He also owns 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: Neutral sentiment as it's a standard regulatory filing detailing a transaction. The acquisition itself could be seen as mildly positive, but the filing is primarily informational.

Positives

• Director Samuels' acquisition of shares may signal confidence in Centene's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company insiders.

Stakeholder Impact

• The transaction provides shareholders with insight into the actions of a company director.

Key Dates