Centene controller has 1,092 shares withheld for tax
Centene’s Corporate Controller & CAO had shares withheld to cover taxes on vesting equity, leaving a direct holding of about 28.8 thousand shares.
Rhea-AI Filing Summary
CENTENE CORP (CNC) reported that Corporate Controller & CAO Theodore J. Pienkos had 1,092 shares of common stock withheld on September 15, 2026 to pay tax liabilities upon vesting of a previously reported restricted stock unit grant. After this withholding, he holds 28,751.493 shares directly, including 13,763 restricted and performance stock units subject to vesting requirements. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 1,092 shares
Tax Withholding
1 txn
Insider
PIENKOS THEODORE J
Role
Corporate Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 1,092 | $69.41 | $76K |
Holdings After Transaction:
Common Stock — 28,751.493 shares (Direct)
Footnotes (2)
- F1. Shares withheld for taxes upon vesting of previously-reported grant of restricted stock units.
- F2. Ownership includes 13,763 shares of previously-granted restricted stock units and performance stock units (reported at target level performance) subject to vesting requirements.
Key Figures
Shares withheld for taxes: 1,092 shares
Withholding price per share: $69.41 per share
Shares held after transaction: 28,751.493 shares
+1 more
4 metrics
Shares withheld for taxes
1,092 shares
Withheld on September 15, 2026 to pay tax liability upon vesting
Withholding price per share
$69.41 per share
Value used for the 1,092 shares withheld for tax payment
Shares held after transaction
28,751.493 shares
Direct ownership following the September 15, 2026 tax withholding
Unvested RSUs and PSUs included in ownership
13,763 shares
Previously granted restricted stock units and performance stock units at target performance
Key Terms
restricted stock units, performance stock units, withheld for taxes
3 terms
restricted stock units financial
"Shares withheld for taxes upon vesting of previously-reported grant of restricted 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
"includes 13,763 shares of previously-granted restricted stock units and performance stock units"
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.
withheld for taxes financial
"Shares withheld for taxes upon vesting of previously-reported grant"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CNC report for Theodore J. Pienkos?
CNC reported that 1,092 shares of common stock were withheld for taxes on September 15, 2026 upon vesting of a previously reported restricted stock unit grant held by Corporate Controller & CAO Theodore J. Pienkos.
Was the Centene (CNC) insider transaction an open-market sale?
No. The filing states the 1,092 shares were withheld for taxes upon vesting of restricted stock units, classified as a payment of tax liability by delivering or withholding securities, rather than an open-market sale.
How many restricted and performance stock units does the CNC insider have after vesting?
The filing states that ownership includes 13,763 shares of previously granted restricted stock units and performance stock units, reported at target-level performance and still subject to vesting requirements.
Was the Centene (CNC) insider transaction under a Rule 10b5-1 plan?
No. The document-level Rule 10b5-1 checkbox is not affirmed, and there is no footnote indicating that the September 15, 2026 tax-withholding transaction was executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.