Centene Corp (CNC) director awarded 1,140 common shares as stock grant

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.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider COUGHLIN CHRISTOPHER J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,140	$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 (1)

1. Ownership includes 3,579 shares of restricted stock units subject to vesting requirements. 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""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

COUGHLIN CHRISTOPHER J

(Last) (First) (Middle)

7700 FORSYTH BOULEVARD

(Street)

ST. LOUIS MISSOURI 63105

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CENTENE CORP [ CNC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/31/2026		A		1,140	A	$0	14,156.926(1)	D
Common Stock								30,054	I	By Grantor Retained Annuity Trust(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Ownership includes 3,579 shares of restricted stock units subject to vesting requirements.

2. 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.

Remarks:

	/s/ Christopher A. Koster (executed by attorney-in-fact)	03/31/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

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.

How many Centene (CNC) shares does Christopher Coughlin hold directly after this filing?

After the March 31, 2026 grant, Christopher J. Coughlin directly holds 14,156.926 Centene common shares. This figure includes his existing holdings and reflects his position immediately following the equity award transaction reported in the Form 4.

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.

Are any of Christopher Coughlin’s Centene (CNC) shares subject to vesting?

Yes. The ownership disclosure states that his holdings include 3,579 restricted stock units. These RSUs are subject to vesting requirements, meaning they will only convert into freely owned shares once the specified vesting conditions are satisfied.

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.