Cencora (COR) director Redonda Miller granted 557 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cencora, Inc. director Redonda Miller reported an acquisition of company stock through an equity award. On the reported date, Miller received 557 restricted stock units at a reference price of $359.28 per share, increasing direct holdings to 3,751 shares. The award was received for no cash consideration, vests 100% on the first anniversary of the grant date, and delivery of the underlying shares is deferred until January 6, 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miller Redonda
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 557 | $359.28 | $200K |
Holdings After Transaction:
Common Stock — 3,751 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Cencora (COR) director Redonda Miller report?
Director Redonda Miller reported receiving a grant of 557 restricted stock units of Cencora common stock. The award was an equity grant received for no cash consideration and represents additional direct ownership in the company, subject to vesting and deferral terms described in the grant.
What are the vesting terms of Redonda Miller’s Cencora (COR) restricted stock units?
The restricted stock units granted to Redonda Miller vest 100% on the first anniversary of the grant date. This means the entire award becomes vested at once after one year, assuming any applicable service or other conditions in the grant are satisfied by that time.
Did Redonda Miller pay cash for the Cencora (COR) restricted stock unit grant?
No, the filing notes that the annual restricted stock unit grant was received for no consideration. This indicates it was an equity compensation award rather than an open-market purchase, consistent with typical director compensation programs structured in company stock.