Centene (NYSE: CNC) officer may sell $3.1M in shares
Rhea-AI Filing Summary
CENTENE CORP (CNC) received a notice under Rule 144 that officer Christopher A. Koster, through Fidelity Brokerage Services LLC, may sell 47,603 shares of Centene common stock on the NYSE. The filing lists an aggregate market value of $3,111,262.14 for these shares and indicates 493,995,000 shares outstanding as of 08/18/2026. The shares derive from multiple restricted stock vesting events granted as compensation between December 2021 and February 2024.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 47,603 shares
Aggregate market value: $3,111,262.14
Shares outstanding: 493,995,000 shares
+2 more
5 metrics
Shares to be sold
47,603 shares
Common stock proposed for sale under Rule 144
Aggregate market value
$3,111,262.14
Value of 47,603 shares covered by the notice
Shares outstanding
493,995,000 shares
Common shares outstanding as of 08/18/2026
Restricted stock vesting 12/15/2021
12,811 shares
Compensation-related restricted stock vesting from issuer
Restricted stock vesting 02/06/2024
16,887 shares
Compensation-related restricted stock vesting from issuer
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 12/15/2021 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing disclose for CENTENE CORP (CNC)?
The filing discloses that officer Christopher A. Koster, via Fidelity Brokerage Services LLC, may sell 47,603 shares of Centene common stock under Rule 144 on the NYSE, with an aggregate market value of $3,111,262.14 as of 08/18/2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.