Centene (CNC) executive reports routine tax withholding of shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Centene Corp’s Corporate Controller and Chief Accounting Officer, Katie Casso, reported a routine tax-withholding transaction related to equity compensation. On March 15, 2026, 3,359 shares of common stock were withheld at $34.45 per share to cover taxes when previously granted restricted stock units vested. This was not an open-market sale. After the withholding, she directly owns 109,776 shares of common stock, and a footnote states her ownership also includes 71,740 unvested restricted and performance stock units reported at target performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CASSO KATIE
Role
Corporate Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,359 | $34.45 | $116K |
Holdings After Transaction:
Common Stock — 109,776 shares (Direct)
Footnotes (1)
- Shares withheld for taxes upon vesting of previously-reported grants of restricted stock units. Ownership includes 71,740 shares of previously-granted restricted stock units and performance stock units (reported at target level performance) subject to vesting requirements.
FAQ
What insider transaction did Centene Corp (CNC) report for Katie Casso?
Centene reported that Katie Casso had 3,359 common shares withheld to cover taxes on vesting restricted stock units. This Form 4 event reflects compensation-related tax withholding, not an open-market stock sale or new purchase of Centene shares.
Was the Centene Corp (CNC) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Centene to satisfy tax obligations upon vesting of previously reported restricted stock units granted to executive Katie Casso.
What does the F transaction code mean in Centene’s (CNC) Form 4?
The F code indicates shares were used to pay taxes or an exercise price. In this Centene filing, 3,359 shares were withheld to cover tax liabilities when previously granted restricted stock units vested for executive Katie Casso.
How large is the tax-withholding transaction in Centene’s (CNC) Form 4?
The filing reports 3,359 shares of Centene common stock withheld for taxes at a value of $34.45 per share. This reduced Katie Casso’s immediately held shares, while leaving a substantial remaining equity position and unvested stock units outstanding.