Cencora (COR) CFO exercises RSUs and uses shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cencora, Inc. Chief Financial Officer James F. Cleary exercised restricted stock units into 12,623 shares of common stock. On the same date, 5,409 shares of common stock valued at $350.30 per share were withheld to satisfy tax obligations related to the vesting. After these transactions, Cleary directly owned 160,357.3479 shares of Cencora common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,623 shares exercised/converted
Mixed
3 txns
Insider
Cleary James F
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 12,623 | $0.00 | -- |
| Exercise | Common Stock | 12,623 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,409 | $350.30 | $1.89M |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 165,766.348 shares (Direct)
Footnotes (1)
- Grant of restricted stock units received for no consideration that vest March 11, 2026. Satisfaction of tax withholding obligation incident to the vesting of restricted stock units.
FAQ
What insider transaction did Cencora (COR) report for its CFO?
Cencora reported that CFO James F. Cleary exercised restricted stock units into 12,623 common shares. A portion of these shares was then withheld to cover tax obligations related to the vesting of the restricted stock units.
How were taxes paid on the Cencora (COR) CFO’s stock vesting?
Taxes were satisfied by withholding 5,409 shares of Cencora common stock valued at $350.30 per share. This tax-withholding disposition was incident to the vesting of the CFO’s restricted stock units and was not an open-market sale.
What type of securities were involved in the Cencora (COR) Form 4?
The Form 4 shows the exercise of restricted stock units into Cencora common stock. These units converted into 12,623 underlying common shares, with part of the resulting shares used to cover related tax withholding obligations.
Does the Cencora (COR) Form 4 indicate any open-market stock sales?
The filing reflects a tax-withholding disposition of 5,409 shares at $350.30 per share, incident to vesting. It does not describe these as open-market sales, but rather as shares delivered to satisfy tax liabilities on the vested awards.