Form 4: Centene Director Wayne S. DeVeydt Reports Acquisition of Common Stock
SEC Form 4 Filing
Wayne S. DeVeydt, a director of Centene Corp, reported acquiring 420.93 shares of common stock on March 31, 2024.
Summary
- On March 31, 2024, Wayne S. DeVeydt, a director of Centene Corp, acquired 420.93 shares of common stock at an unspecified price.
- Following the transaction, DeVeydt directly owns 10,421.274 shares of Centene Corp.
- DeVeydt also holds options to purchase 10,000 shares of common stock, exercisable starting February 7, 2025, and expiring on February 7, 2032, with an exercise price of $80.57.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director, which could be seen as a positive signal, but without further context, it's difficult to gauge the overall impact.
Positives
- The acquisition of shares by a director could be interpreted positively, signaling confidence in the company's future prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company directors and officers, which can be informative for investors.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of common stock acquisition |
| 02/07/2025 | Date Common Stock Option becomes exercisable |
| 02/07/2032 | Expiration date of Common Stock Option |
| 04/02/2024 | Date of Form 4 filing |
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