Form 4: Centene Director Theodore Samuels II Increases Stake with New Share Acquisition

Centene Corporation Director Theodore R. Samuels II reported an acquisition of 463 shares of common stock, reinforcing his significant direct and indirect beneficial ownership in the company.

Summary

• Director Theodore R. Samuels II acquired 463 shares of Centene Corp common stock on June 30, 2025, at a price of $0.
• Following this transaction, Mr. Samuels directly owns 18,494.979 shares of common stock, which includes 3,579 shares of restricted stock units subject to vesting requirements.
• Mr. Samuels also indirectly owns 23,000 shares of common stock through a revocable family trust, for which he serves as a co-trustee.
• Additionally, Mr. Samuels directly holds 10,000 common stock options with an exercise price of $80.57, which became exercisable on February 7, 2025, and are set to expire on February 7, 2032.

Sentiment

Score: 7

Explanation: The acquisition of additional shares by a director, even if granted at $0, generally indicates confidence in the company's future prospects. The significant existing holdings further reinforce this positive sentiment.

Positives

• Director Theodore R. Samuels II increased his direct beneficial ownership in Centene Corp by acquiring 463 shares, signaling continued confidence in the company.
• The acquisition of shares at a $0 price suggests these may be part of a compensation package or grant, aligning the director's interests with shareholders.
• The significant total beneficial ownership, comprising 18,494.979 direct shares and 23,000 indirect shares, demonstrates a strong vested interest in the company's long-term performance.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of insider trading activity, common across all industries for publicly traded companies, reflecting a director's personal investment decisions rather than broader industry trends.

Related Party Transactions

• The indirect beneficial ownership of 23,000 shares of common stock is held by a revocable family trust, of which Mr. Samuels serves as a co-trustee.

Stakeholder Impact

• Shareholders may view the director's increased ownership as a positive signal, indicating management's continued alignment with shareholder interests and confidence in the company's future.

Key Dates

Recommendation

Keywords

Centene Corp, CNC, Theodore R. Samuels II, Director, Insider Trading, Form 4, Stock Acquisition, Beneficial Ownership, Restricted Stock Units, Stock Options, Corporate Governance