Centene (NYSE: CNC) awards 26,036 RSU and PSU units to officer
Rhea-AI Filing Summary
Centene Corporation reported an equity grant to Corporate Controller & CAO Katie Casso. On January 26, 2026, she was awarded 26,036 shares of common stock at a price of $0, reflecting compensation rather than an open-market purchase.
The grant consists of 13,018 restricted stock units that vest in three annual installments beginning on March 15, 2027, and 13,018 performance stock units that may vest on March 15, 2029, from 0% to 200% of target based on Centene’s stock price performance between late 2025 and late 2028. After this award, Casso beneficially owns 122,371 shares, including 62,561 previously granted restricted and performance stock units that remain subject to vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26,036 | $0.00 | -- |
Footnotes (1)
- This award includes 13,018 restricted stock units that vest in three annual installments beginning on March 15, 2027. This award also includes 13,018 performance stock units reported at target level performance. The actual number of performance stock units that will vest on March 15, 2029 ranges from 0% to 200% of the reported target performance stock units based on the Company's stock price performance for the final 20 trading days of 2025, compared to the final 60 trading days of 2028. Ownership includes 62,561 shares of previously-granted restricted stock units and performance stock units (reported at target level performance) subject to vesting requirements.
FAQ
Who is the insider in the Centene (CNC) Form 4 filing and what is their role?
What is the vesting schedule for Katie Casso’s restricted stock units at Centene (CNC)?
How will performance stock units for Centene (CNC) officer Katie Casso vest and what drives the payout?