Centene Corp (NYSE: CNC) awards director 2,771 restricted stock units
Rhea-AI Filing Summary
Centene Corp director Paul J. Diaz reported an equity compensation award of 2,771 restricted stock units, recorded as a grant/award acquisition of common stock at a stated price of $0.0000 per share. According to the award terms, all 2,771 units will vest in full at Centene’s 2027 annual meeting of stockholders, after which the underlying shares become fully earned. Following this transaction, Diaz’s directly reported common stock holdings stand at 2,771 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,771 shares
Net Buy
1 txn
Insider
DIAZ PAUL J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 2,771 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 2,771 shares (Direct)
Footnotes (1)
- F1. This award includes 2,771 shares of restricted stock units which will vest in full on the date of the Registrant's 2027 annual meeting of stockholders.
Key Figures
Restricted stock units granted: 2,771 units
Transaction price per share: $0.0000
Shares held after transaction: 2,771 shares
+1 more
4 metrics
Restricted stock units granted
2,771 units
Grant/award acquisition reported by director Paul J. Diaz
Transaction price per share
$0.0000
Stated price for the equity award, indicating compensation grant
Shares held after transaction
2,771 shares
Direct common stock holdings reported following the award
Vesting timing
2027 annual meeting
Restricted stock units vest in full at 2027 stockholders’ meeting
Key Terms
restricted stock units, vest in full, grant, award, or other acquisition
3 terms
restricted stock units financial
"This award includes 2,771 shares of restricted stock units which will vest"
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.
vest in full financial
"which will vest in full on the date of the Registrant's 2027 annual"
grant, award, or other acquisition financial
"transaction code description is Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Centene (CNC) director Paul J. Diaz report in this Form 4?
Paul J. Diaz reported an equity award of 2,771 restricted stock units tied to Centene common stock. The grant was recorded at $0.0000 per share, reflecting stock-based compensation rather than an open-market purchase or sale.
When do Paul J. Diaz’s new Centene (CNC) restricted stock units vest?
The 2,771 restricted stock units will vest in full at Centene’s 2027 annual meeting of stockholders. Vesting at that meeting means Diaz’s award becomes fully earned on the specific meeting date in 2027.
Was Paul J. Diaz’s Centene (CNC) Form 4 transaction a market purchase or sale?
No, the filing shows a grant/award acquisition, not a market trade. The transaction code is for a grant, with $0.0000 per share, indicating stock-based compensation rather than a buy or sell in the open market.