Centene CFO has shares withheld for taxes
Centene Corporation’s Chief Financial Officer Andrew Lynn reported a routine tax-withholding transaction.
Rhea-AI Filing Summary
Centene Corporation’s Chief Financial Officer Andrew Lynn reported a routine tax-withholding transaction. On March 15, 2026, 15,241 shares of Centene common stock were withheld at $34.45 per share to cover taxes upon vesting of previously reported restricted stock units. After this, he directly owns 747,989.48 shares, and this ownership includes 448,650 restricted stock units and performance stock units subject to future vesting. He also holds a performance stock option covering 13,449 underlying shares at an exercise price of $81.85 per share, expiring on December 15, 2031, which may become exercisable if Centene’s stock trades at or above $100 for 20 consecutive trading days on or after the third anniversary of the December 15, 2021 grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 15,241 | $34.45 | $525K |
| holding | Common Stock Option (right to buy) | -- | -- | -- |
Footnotes (3)
- F1. Shares withheld for taxes upon vesting of previously-reported grants of restricted stock units.
- F2. Ownership includes 448,650 shares of previously-granted restricted stock units and performance stock units (reported at target level performance) subject to vesting requirements.
- F3. Performance Stock Option granted on December 15, 2021, may become exercisable on or after the third anniversary of the grant date if the closing price of CNC's common stock equals or exceeds $100 per share for 20 consecutive trading days following the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Centene (CNC) CFO Andrew Lynn report?
Was the Centene (CNC) CFO’s Form 4 transaction an open-market sale?
What performance stock option does Centene (CNC) CFO Andrew Lynn hold?
What restricted and performance stock units does Centene (CNC) CFO hold?
AI-generated analysis. How Rhea-AI works. Not financial advice.