Form 4: Centene Director Wayne S. DeVeydt Reports Acquisition of Common Stock and Restricted Stock Units

Wayne S. DeVeydt, a director of Centene Corp, reported acquiring 3,579 shares of common stock and restricted stock units.

Summary

• On May 13, 2025, Wayne S. DeVeydt, a director of Centene Corp, acquired 3,579 shares of common stock.
• These shares were acquired at a price of $0.
• The acquisition included 3,579 shares of restricted stock units which will vest in full on the earlier of May 13, 2026, or the date of Centene's next annual meeting of stockholders.
• Following the transaction, DeVeydt directly owns 18,921.274 shares of Centene Corp common stock.
• DeVeydt also owns options to buy 10,000 shares of common stock at an exercise price of $80.57, exercisable from February 7, 2025, and expiring on February 7, 2032.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director. The acquisition itself can be seen as a slightly positive signal, but it's not a major event.

Positives

• The director's acquisition of shares may signal confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Centene Corp, Director, Wayne S. DeVeydt, Form 4, Stock Acquisition, Restricted Stock Units, Common Stock, Options, Beneficial Ownership