Centene (NYSE: CNC) counsel sells 56,500 shares, holds 248,853.991
Rhea-AI Filing Summary
CENTENE CORP (CNC) insider Christopher Koster, Secretary & General Counsel, reported selling 56,500 shares of common stock on 2026-08-26 in an open-market or private transaction at a weighted average price between $66.90 and $66.91. After this sale, he directly holds 248,853.991 shares, including 229,874 restricted stock units and performance stock units reported at target performance and subject to vesting requirements. He also reports 100 shares of indirect ownership held by his spouse. The transactions were not affirmed as being under a Rule 10b5-1 trading plan.
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Insights
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Insider Trade Summary
Net Seller: 56,500 shares
Net Sell
2 txns
Insider
KOSTER CHRISTOPHER
Role
Secretary & General Counsel
Sold
56,500 shs ($3.78M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 56,500 | $66.90 | $3.78M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 248,853.991 shares (Direct);
Common Stock — 100 shares (Indirect, By Spouse)
Footnotes (2)
- F1. The weighted average price for this transaction is reported within the form. Shares were sold at prices ranging from $66.90 to $66.91. Full information regarding the number of shares at each price is available upon request.
- F2. Ownership includes 229,874 shares of previously-granted restricted stock units and performance stock units (reported at target level performance) subject to vesting requirements.
Key Figures
Shares sold: 56,500 shares
Sale price range: $66.90–$66.91 per share
Direct holdings after transaction: 248,853.991 shares
+3 more
6 metrics
Shares sold
56,500 shares
Common stock sale on 2026-08-26
Sale price range
$66.90–$66.91 per share
Weighted average price range for the 56,500-share sale
Direct holdings after transaction
248,853.991 shares
Direct common stock owned following the 2026-08-26 sale
RSUs and PSUs included in ownership
229,874 shares
Previously granted restricted stock units and performance stock units at target performance, subject to vesting
Indirect holdings by spouse
100 shares
Indirect ownership noted as "By Spouse"
Net shares sold
56,500 shares
Net-buy/sell direction summarized as net-sell in transaction summary
Key Terms
weighted average price, restricted stock units, performance stock units, indirect ownership
4 terms
weighted average price financial
"The weighted average price for this transaction is reported"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units financial
"Ownership includes 229,874 shares of previously-granted 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
"and performance stock units (reported at target level performance)"
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.
indirect ownership financial
"total_shares_following_transaction": "100.0000", "direct_or_indirect": "I""
FAQ
What insider transaction did CNC’s Christopher Koster report?
Christopher Koster reported a sale of 56,500 shares of CENTENE CORP common stock on 2026-08-26 in a transaction coded as a sale in the open market or a private transaction.
Does Christopher Koster have any indirect ownership of CNC stock?
Yes. The Form 4 shows an indirect holding of 100 shares of CENTENE CORP common stock, noted as being held "By Spouse".
AI-generated analysis. How Rhea-AI works. Not financial advice.
