CNC Form 4: Director granted 803 shares; 3,579 RSUs remain unvested
Rhea-AI Filing Summary
Tanji Kenneth, a director of Centene Corp (CNC), reported an acquisition of 803 shares of common stock on 09/30/2025 under Form 4. The shares were reported with a transaction code A (acquisition) and a reported price of $0. Following the reported transaction, Mr. Kenneth beneficially owns 5,948 shares in total, which includes 3,579 restricted stock units that remain subject to vesting. The filing was executed by attorney-in-fact Christopher A. Koster and signed on 10/01/2025. The ownership is reported as direct.
Positive
- Acquisition reported: Director increased direct holdings by 803 shares.
- Substantial RSU position: Ownership includes 3,579 restricted stock units that align executive incentives with shareholders.
Negative
- None.
Insights
TL;DR: Director received a routine equity grant increasing direct holdings to 5,948 shares, including 3,579 RSUs.
The Form 4 documents a non-cash acquisition of 803 common shares (code A) reported at a price of $0, consistent with a stock award or grant rather than an open-market purchase. Total beneficial ownership after the transaction is 5,948 shares, of which 3,579 are restricted stock units subject to vesting, indicating future dilution timing tied to service or performance conditions. This item is a routine insider compensation-related filing and does not disclose any selling or material change in control.
TL;DR: Routine director compensation reported; vesting RSUs remain in place and ownership is direct.
The disclosure shows a typical director equity grant reported under Section 16. The $0 price and presence of 3,579 RSUs indicate awards subject to vesting provisions. Reporting as a director and filing as an individual are standard. No departures, sales, or unusual related-party transactions are documented. For governance review, key items are the RSU vesting terms (not provided) and any future schedule for vesting or exercises.