Form 4: Centene Director Wayne S. DeVeydt Reports Changes in Beneficial Ownership

Wayne S. DeVeydt, a director at Centene Corp, reported the acquisition of 2,916 shares of restricted stock units and the disposal of 13,337.274 shares of common stock on May 14, 2024.

Summary

• On May 14, 2024, Wayne S. DeVeydt, a director of Centene Corp, reported changes in beneficial ownership.
• He acquired 2,916 shares of restricted stock units, which will vest on the earlier of May 14, 2025, or the date of the next annual meeting of stockholders.
• He also disposed of 13,337.274 shares of common stock.
• Following these transactions, DeVeydt directly owns 10,000 common stock options exercisable from February 7, 2025, to February 7, 2032, at a price of $80.57.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Future Outlook

The restricted stock units will vest on the earlier of May 14, 2025, or the date of the Registrant's next annual meeting of stockholders.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies like Centene. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It offers insights into the director's holdings and potential alignment with shareholder interests.

Key Dates