Centene (NYSE: CNC) counsel sells 47,603 shares, holds 305K
Rhea-AI Filing Summary
CENTENE CORP (CNC) reported that officer Christopher Koster, Secretary & General Counsel, sold 47,603 shares of common stock on 2026-08-18 in an open-market transaction at a weighted average price of $65.36 per share, with individual sale prices ranging from $65.28 to $65.45. Following this sale, his reported direct ownership is 305,353.991 shares, which includes common stock acquired through the company’s Employee Stock Purchase Program and 229,874 shares of previously granted restricted stock units and performance stock units at target performance, all subject to vesting requirements. An additional 100 shares are reported as indirectly owned by his spouse.
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Insights
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Insider Trade Summary
Net Seller: 47,603 shares
Net Sell
2 txns
Insider
KOSTER CHRISTOPHER
Role
Secretary & General Counsel
Sold
47,603 shs ($3.11M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 47,603 | $65.36 | $3.11M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 305,353.991 shares (Direct);
Common Stock — 100 shares (Indirect, By Spouse)
Footnotes (3)
- F1. The weighted average price for this transaction is reported within the form. Shares were sold at prices ranging from $65.28 to $65.45. Full information regarding the number of shares at each price is available upon request.
- F2. Updated ownership includes common stock acquired through the Company's Employee Stock Purchase Program.
- F3. Ownership includes 229,874 shares of previously-granted restricted stock units and performance stock units (reported at target level performance) subject to vesting requirements.
Key Figures
Shares sold: 47,603 shares
Weighted average sale price: $65.36 per share
Sale price range: $65.28–$65.45 per share
+3 more
6 metrics
Shares sold
47,603 shares
Common stock sold by Christopher Koster on 2026-08-18
Weighted average sale price
$65.36 per share
Weighted average price for the 2026-08-18 sale
Sale price range
$65.28–$65.45 per share
Range of individual prices for the reported sale
Direct holdings after transaction
305,353.991 shares
Direct CNC common stock ownership reported after the sale
RSUs and PSUs included in ownership
229,874 shares
Previously granted restricted stock units and performance stock units at target performance
Indirect spouse holdings
100 shares
CNC common stock reported as indirectly owned by spouse
Key Terms
weighted average price, Employee Stock Purchase Program, restricted stock units, performance stock units
4 terms
weighted average price financial
"The weighted average price for this transaction is reported within the form."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Employee Stock Purchase Program financial
"Updated ownership includes common stock acquired through the Company's Employee Stock Purchase Program."
restricted stock units financial
"Ownership includes 229,874 shares of previously-granted restricted stock units and performance stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance stock units financial
"restricted stock units and performance stock units (reported at target level performance)"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
FAQ
What insider transaction did CENTENE CORP (CNC) report for Christopher Koster?
CENTENE CORP reported that Christopher Koster sold 47,603 shares of common stock on 2026-08-18. The sale was reported as an open-market transaction at a weighted average price of $65.36 per share.
How many restricted and performance stock units does Christopher Koster have at CENTENE (CNC)?
The filing states that his ownership includes 229,874 shares represented by previously granted restricted stock units and performance stock units. These awards are reported at target performance and remain subject to vesting requirements.
Was the CENTENE (CNC) insider sale under a Rule 10b5-1 trading plan?
The document-level indicator for Rule 10b5-1 trading plans is marked false. This means the filing does not classify the reported sale as made pursuant to an affirmed Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
