Centene (NYSE: CNC) awards director 3,992 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Samuels Theodore R. II reported acquisition or exercise transactions in this Form 4 filing.
Centene Corp director Theodore R. Samuels II received an equity grant of 3,992 shares of restricted stock units of Centene common stock. These units will vest in full on the earlier of May 12, 2027, or the date of Centene’s next annual meeting of stockholders. Following this grant, he holds 24,747.979 shares directly and 32,000 shares indirectly through a revocable family trust where he serves as co-trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Samuels Theodore R. II
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,992 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 24,747.979 shares (Direct, null);
Common Stock — 32,000 shares (Indirect, By family trust)
Footnotes (1)
- This award includes 3,992 shares of restricted stock units which will vest in full on the earlier of May 12, 2027, or the date of the Registrant's next annual meeting of stockholders. Owned by a revocable family trust, of which Mr. Samuels serves as a co-trustee.
Key Figures
RSU grant size: 3,992 shares
Grant price per share: $0.0000 per share
Direct holdings after grant: 24,747.979 shares
+2 more
5 metrics
RSU grant size
3,992 shares
Restricted stock units granted to director on May 12, 2026
Grant price per share
$0.0000 per share
Reported transaction price for RSU award
Direct holdings after grant
24,747.979 shares
Centene common stock held directly following transaction
Indirect trust holdings
32,000 shares
Owned by revocable family trust with Mr. Samuels as co-trustee
RSU vesting date
May 12, 2027
Vests earlier of this date or next annual stockholders’ meeting
Key Terms
restricted stock units, revocable family trust, co-trustee, grant, award, or other acquisition
4 terms
restricted stock units financial
"This award includes 3,992 shares of restricted stock units which will vest in full"
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.
revocable family trust financial
"Owned by a revocable family trust, of which Mr. Samuels serves as a co-trustee"
co-trustee financial
"revocable family trust, of which Mr. Samuels serves as a co-trustee"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Centene (CNC) report for Theodore R. Samuels II?
Centene reported that director Theodore R. Samuels II received an equity grant of 3,992 restricted stock units. This is a compensation-related award, not an open-market purchase or sale, and increases his direct holdings in Centene common stock.
How many restricted stock units were granted to the Centene (CNC) director?
The director received a grant of 3,992 restricted stock units of Centene common stock. These units represent additional share-based compensation and will vest in full on a specified future date tied to May 12, 2027 or the next annual meeting.
What is the vesting schedule for the 3,992 Centene (CNC) restricted stock units?
The 3,992 restricted stock units will vest in full on the earlier of May 12, 2027, or the date of Centene’s next annual meeting of stockholders. Vesting timing therefore depends on when that next shareholder meeting occurs.
Was the Centene (CNC) director’s transaction an open-market buy or sell?
The filing shows a code “A” transaction, described as a grant, award, or other acquisition, with a price of $0.0000 per share. This indicates a compensation-related stock award, not an open-market purchase or sale of Centene shares.