CNC holder plans Rule 144 sale of 100,000 shares and notes prior sales
Rhea-AI Filing Summary
A holder of CNC common stock filed a notice of proposed sales under Rule 144. The notice covers up to 100,000 shares of common stock to be sold through Fidelity Brokerage Services LLC, with an aggregate market value of $6,815,181.65 and 493,995,000 common shares outstanding, as of the filing. The document lists prior equity awards from restricted stock vesting and notes that Kenneth Burdick sold 80,000 common shares for $5,164,227.15 on June 10, 2026.
Positive
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Negative
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Key Figures
Shares to be sold: 100000 shares
Aggregate market value of proposed sale: $6,815,181.65
Shares outstanding: 493,995,000 shares
+5 more
8 metrics
Shares to be sold
100000 shares
Planned sale of CNC common stock under Rule 144
Aggregate market value of proposed sale
$6,815,181.65
Value of 100,000 CNC common shares to be sold
Shares outstanding
493,995,000 shares
CNC common shares outstanding as referenced in the notice
Recent sale shares
80,000 shares
CNC common shares sold on June 10, 2026 by Kenneth Burdick
Recent sale value
$5,164,227.15
Total value of 80,000 CNC shares sold on June 10, 2026
Restricted stock vesting 01/23/2021
477 shares
CNC common stock vested as compensation from issuer
Restricted stock vesting 07/23/2021
70,879 shares
CNC common stock vested as compensation from issuer
Restricted stock vesting 02/07/2023
28,644 shares
CNC common stock vested as compensation from issuer
Key Terms
Securities To Be Sold, Restricted Stock Vesting, Compensation
3 terms
Securities To Be Sold financial
"144: Securities To Be Sold Common | 01/23/2021 | Restricted Stock Vesting"
Restricted Stock Vesting financial
"Common | 01/23/2021 | 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.
Compensation financial
"477 | 01/23/2021 | Compensation Common | 07/23/2021"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What amount of CNC common stock is planned for sale under this Form 144?
The filing covers a proposed sale of up to 100,000 shares of CNC common stock, with an aggregate market value reported as $6,815,181.65, to be sold through Fidelity Brokerage Services LLC.
What CNC stock sales occurred in the past three months for this filer?
The document shows that Kenneth Burdick sold 80,000 CNC common shares on June 10, 2026, for a total value of $5,164,227.15, reported under securities sold during the past three months.
What restricted stock vesting transactions are disclosed for CNC in this filing?
The filing lists restricted stock vesting events for CNC common stock on January 23, 2021 (477 shares), July 23, 2021 (70,879 shares), and February 7, 2023 (28,644 shares), each categorized as Compensation from the issuer.