Centene director granted 1,140 CNC shares
COUGHLIN CHRISTOPHER J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
COUGHLIN CHRISTOPHER J reported acquisition or exercise transactions in this Form 4 filing.
Centene Corp director Christopher J. Coughlin received an equity award of 1,140 shares of common stock on March 31, 2026. The shares were granted at no cash cost as a stock-based compensation award, increasing his directly held common stock to 14,156.926 shares.
He also has indirect ownership of 30,054 shares held by a grantor retained annuity trust for the benefit of Mr. Coughlin and his adult children, where he serves as sole trustee. His direct ownership includes 3,579 restricted stock units that remain subject to vesting requirements.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,140 shares
Grant/Award
2 txns
Insider
COUGHLIN CHRISTOPHER J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,140 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,156.926 shares (Direct);
Common Stock — 30,054 shares (Indirect, By Grantor Retained Annuity Trust)
Footnotes (2)
- F1. Ownership includes 3,579 shares of restricted stock units subject to vesting requirements.
- F2. Owned by a grantor retained annuity trust for the benefit of Mr. Coughlin and his adult children, of which Mr. Coughlin is the sole trustee.
Key Figures
Equity award: 1,140 shares
Grant price: $0.0000 per share
Direct holdings after grant: 14,156.926 shares
+2 more
5 metrics
Equity award
1,140 shares
Common stock grant on March 31, 2026
Grant price
$0.0000 per share
Reported transaction price for stock award
Direct holdings after grant
14,156.926 shares
Common stock directly owned following transaction
Indirect trust holdings
30,054 shares
Owned by grantor retained annuity trust
Unvested RSUs
3,579 units
Restricted stock units subject to vesting
Key Terms
restricted stock units, grantor retained annuity trust, stock-based compensation, indirect ownership
4 terms
restricted stock units financial
"Ownership includes 3,579 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.
grantor retained annuity trust financial
"Owned by a grantor retained annuity trust for the benefit of Mr. Coughlin and his adult children"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
stock-based compensation financial
"The shares were granted at no cash cost as a stock-based compensation award"
Stock-based compensation is when a company pays employees, directors or consultants with shares or the right to buy shares instead of or in addition to cash. It matters to investors because issuing stock or options spreads ownership thinner (like cutting a pie into more slices), which can reduce each existing share’s claim on profits and can also change reported earnings; investors watch it to assess true cost of running the business and how management is incentivized.
indirect ownership financial
"total_shares_following_transaction": "30054.0000", "direct_or_indirect": "I""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CNC director Christopher Coughlin report?
Director Christopher J. Coughlin reported receiving an award of 1,140 Centene Corp common shares on March 31, 2026. The shares were granted at no cash cost as stock-based compensation, increasing his directly held position disclosed in the filing.
What indirect Centene (CNC) holdings are reported for Christopher Coughlin?
The filing shows 30,054 Centene common shares held indirectly through a grantor retained annuity trust. The trust is for the benefit of Mr. Coughlin and his adult children, and he is disclosed as the sole trustee of this vehicle.
Was the March 31, 2026 Centene (CNC) grant an open-market purchase?
No. The 1,140-share increase is coded as a grant or award with a reported price of $0.0000 per share. This indicates stock-based compensation rather than an open-market purchase using personal cash in the public market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
