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

Director Theodore R. Samuels II reports acquiring common stock in Centene Corp through direct and indirect ownership.

Summary

• On March 31, 2024, Theodore R. Samuels II, a director of Centene Corp, reported acquiring 323.792 shares of common stock at an unspecified price.
• Following the transaction, Samuels directly owns 9,994.979 shares of common stock.
• Samuels also indirectly owns 18,000 shares through a revocable family trust where he serves as co-trustee.
• Samuels also owns options to buy 10,000 shares of common stock at a price of $80.57, exercisable from February 7, 2025, and expiring on February 7, 2032.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard SEC filing reporting a transaction. The acquisition of shares by a director could be seen as mildly positive, but without further context, it's difficult to gauge the overall impact.

Positives

• The director's acquisition of shares could be interpreted as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as insider buying is often viewed favorably.

Key Dates