Centene (CNC) director Kenneth Tanji receives 581-share stock grant in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Centene Corp director Kenneth Tanji received an equity grant of 581 shares of Common Stock as a compensation award. The shares were acquired at no cash cost to him, increasing his direct holdings to 12,490 shares. His ownership also includes 3,992 restricted stock units that are subject to vesting requirements.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TANJI KENNETH
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 581 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,490 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 581 shares
Holdings after transaction: 12,490 shares
Restricted stock units: 3,992 units
+1 more
4 metrics
Shares granted
581 shares
Common Stock grant on 2026-06-30
Holdings after transaction
12,490 shares
Direct Common Stock ownership following grant
Restricted stock units
3,992 units
RSUs included in ownership, subject to vesting requirements
Grant price
$0.00 per share
Indicates compensation award, not open-market purchase
Key Terms
restricted stock units, vesting requirements, Common Stock, Grant, award, or other acquisition
4 terms
restricted stock units financial
"Ownership includes 3,992 shares of restricted stock units subject to vesting requirements."
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.
vesting requirements financial
"shares of restricted stock units subject to vesting requirements."
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Centene (CNC) director Kenneth Tanji report?
Director Kenneth Tanji reported receiving 581 shares of Centene Common Stock as a grant or award. This is a compensation-related acquisition, not an open-market purchase, and reflects additional equity-based pay rather than a discretionary stock buy.
What do the restricted stock units in this Centene (CNC) Form 4 mean?
The filing notes that ownership includes 3,992 restricted stock units subject to vesting. These units represent potential future shares that will be delivered only if vesting conditions, such as time or performance, are satisfied.
Is the Kenneth Tanji Form 4 transaction in Centene (CNC) routine?
Yes, the transaction is coded as a grant, award, or other acquisition of 581 shares. Such equity awards are a common part of director compensation programs and typically reflect ongoing pay rather than a strategic buy or sell decision.