Centene (CNC) director Frederick Eppinger awarded 833 shares of common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Centene Corp director Frederick H. Eppinger received a stock grant. On this date, he acquired 833 shares of Centene common stock at no stated purchase price as a grant or award. Following this award, his directly held position increased to 369,537.658 shares, including 6,654 restricted stock units that are subject to vesting requirements.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
EPPINGER FREDERICK H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 833 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 369,537.658 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 833 shares
Grant price: $0.00 per share
Total holdings after: 369,537.658 shares
+1 more
4 metrics
Shares granted
833 shares
Common stock grant to director Frederick H. Eppinger
Grant price
$0.00 per share
Price for 833-share grant coded as award
Total holdings after
369,537.658 shares
Direct Centene common stock held after transaction
Restricted stock units
6,654 units
Included in ownership, subject to vesting requirements
Key Terms
restricted stock units, vesting requirements, grant, award, or other acquisition, Form 4
4 terms
restricted stock units financial
"Ownership includes 6,654 shares of restricted stock units subject to vesting requirements."
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.
vesting requirements financial
"restricted stock units subject to vesting requirements."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Centene (CNC) director Frederick H. Eppinger report?
Director Frederick H. Eppinger reported receiving a grant of 833 shares of Centene common stock. The shares were acquired at a stated price of $0.00 per share as a grant or award, rather than through an open-market purchase or sale.
Was the Centene (CNC) Form 4 transaction an open-market buy or sell?
The Form 4 shows a grant coded as an acquisition, not an open-market trade. The 833 Centene common shares were received at a transaction price of $0.00 per share, indicating a compensation-related award instead of a discretionary purchase or sale in the market.
What does the footnote about restricted stock units mean for Centene (CNC)?
The footnote explains that Eppinger’s ownership includes 6,654 restricted stock units. These units represent a right to receive Centene shares in the future, but they are subject to vesting requirements, meaning he must meet specified conditions before they fully convert into common stock.