Cencora CEO exercises options, sells 5,096 shares

Cencora, Inc. President & CEO Robert P. Mauch exercised 3,763 Non-qualified Stock Options at an exercise price of $86.09 per share on December 18, 2025, receiving the same number of common shares.

Rhea-AI Filing Summary

Cencora, Inc. President & CEO Robert P. Mauch exercised 3,763 Non-qualified Stock Options at an exercise price of $86.09 per share on December 18, 2025, receiving the same number of common shares. On the same date he sold 5,096 common shares at $343.45 per share. After these transactions, he directly holds 68,059 common shares and 7,525 Non-qualified Stock Options expiring November 13, 2026, which were exercisable in four equal installments between November 13, 2020 and November 13, 2023.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Mauch Robert P.

Role President & CEO

Sold 5,096 shs ($1.75M)

Approx. gross sale proceeds $1.75M

Approx. exercise cost $324K

Type	Security	Shares	Price	Value
Exercise	Non-qualified Stock Option (Right to Buy)	3,763	$0.00	$0.00
Exercise	Common Stock	3,763	$86.09	$324K
Sale	Common Stock	5,096	$343.45	$1.75M

Holdings After Transaction: Non-qualified Stock Option (Right to Buy) — 7,525 contracts (Direct); Common Stock — 68,059 shares (Direct)

Footnotes (1)

1. F1. Exercisable in four equal installments on 11/13/20, 11/13/21, 11/13/22 and 11/13/23.

Key Figures

Options exercised: 3,763 shares Option exercise price: $86.09 per share Shares sold: 5,096 shares +4 more

7 metrics

Options exercised 3,763 shares Non-qualified Stock Options exercised on December 18, 2025

Option exercise price $86.09 per share Exercise price for 3,763 Non-qualified Stock Options

Shares sold 5,096 shares Common Stock sale on December 18, 2025

Sale price $343.45 per share Price for the 5,096 common shares sold

Shares held after transactions 68,059 shares Direct Common Stock holdings after reported transactions

Options remaining 7,525 options Non-qualified Stock Options outstanding after the exercise

Option expiration date 2026-11-13 Expiration date of the remaining Non-qualified Stock Options

Key Terms

Non-qualified Stock Option (Right to Buy), derivative security, open market or private transaction

3 terms

Non-qualified Stock Option (Right to Buy) financial

"Security titled Non-qualified Stock Option (Right to Buy) was reported as a derivative"

derivative security financial

"Transaction code M is described as Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

open market or private transaction financial

"Code S is described as Sale in open market or private transaction for Common Stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did COR’s CEO Robert P. Mauch report?

Cencora CEO Robert P. Mauch reported exercising 3,763 stock options at $86.09 per share and selling 5,096 common shares at $343.45 per share on December 18, 2025, in a Form 4 filing.

How many Cencora (COR) shares did the CEO sell and at what price?

On December 18, 2025, Robert P. Mauch sold 5,096 Cencora common shares at an average price of $343.45 per share, according to the Form 4, following an option exercise that delivered 3,763 shares.

How many Cencora (COR) stock options did the CEO exercise?

Robert P. Mauch exercised 3,763 Non-qualified Stock Options with an exercise price of $86.09 per share. These options converted into 3,763 shares of Cencora common stock and were part of a grant vesting in four equal installments from 2020 to 2023.

What are Robert P. Mauch’s remaining Cencora (COR) share holdings?

After the reported transactions, Robert P. Mauch directly holds 68,059 Cencora common shares. This post-transaction balance comes from the canonical holdings data included with the Form 4 and reflects his direct ownership position.

What Cencora (COR) stock options does the CEO still hold?

Following the December 18, 2025 option exercise, Robert P. Mauch continues to hold 7,525 Non-qualified Stock Options in Cencora, expiring on November 13, 2026. These options were originally exercisable in four equal annual installments.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 12/22/2025 - 04:14 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Mauch Robert P.

(Last) (First) (Middle)

1 WEST FIRST AVENUE

(Street)

CONSHOHOCKEN PA 19428

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Cencora, Inc. [ COR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
12/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/18/2025		M		3,763	A	$86.09	73,155	D
Common Stock	12/18/2025		S		5,096	D	$343.45	68,059	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-qualified Stock Option (Right to Buy)	$86.09	12/18/2025		M			3,763	(1)	11/13/2026	Common Stock	3,763	$0	7,525	D

Explanation of Responses:

1. Exercisable in four equal installments on 11/13/20, 11/13/21, 11/13/22 and 11/13/23.

Remarks:

	/s/ Elizabeth S. Campbell, attorney-in-fact for Robert P. Mauch	12/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.