Cencora (COR) director receives 99-share RSU grant in lieu of $30k cash
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tyler Lauren M reported acquisition or exercise transactions in this Form 4 filing.
Cencora, Inc. director Lauren M. Tyler received an equity award rather than making an open-market trade. On May 1, 2026, Tyler was granted 99 shares of Common Stock, reported at $304.00 per share, under the company’s Non-Employee Director Compensation Program.
The award represents restricted stock units granted in lieu of a $30,000 quarterly cash retainer, with actual receipt of the shares deferred until Tyler’s board service ends. After this grant, Tyler directly holds 3,809 shares of Cencora common stock, indicating this is a routine component of director compensation rather than a discretionary stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tyler Lauren M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 99 | $304.00 | $30K |
Holdings After Transaction:
Common Stock — 3,809 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU shares granted: 99 shares
Grant value per share: $304.00 per share
Quarterly cash retainer replaced: $30,000
+1 more
4 metrics
RSU shares granted
99 shares
Grant of restricted stock units on May 1, 2026
Grant value per share
$304.00 per share
Reported price for Common Stock underlying RSU grant
Quarterly cash retainer replaced
$30,000
RSUs granted in lieu of cash under director program
Shares held after grant
3,809 shares
Total Cencora common stock directly owned post-transaction
Key Terms
restricted stock units, Non-Employee Director Compensation Program, quarterly cash retainer, deferred until cessation of service
4 terms
restricted stock units financial
"Grant of restricted stock units received in lieu of $30,000 quarterly cash retainer"
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.
Non-Employee Director Compensation Program financial
"per the Registrant's Non-Employee Director Compensation Program"
quarterly cash retainer financial
"received in lieu of $30,000 quarterly cash retainer"
deferred until cessation of service financial
"Receipt of shares deferred until cessation of service"
FAQ
What insider transaction did Cencora (COR) report for director Lauren M. Tyler?
Cencora reported that director Lauren M. Tyler acquired 99 shares of Common Stock as a grant of restricted stock units on May 1, 2026, rather than through an open-market purchase or sale.
Was the Cencora (COR) Form 4 transaction a routine compensation grant?
Yes. The Form 4 shows restricted stock units granted to Lauren M. Tyler in lieu of a $30,000 quarterly cash retainer under Cencora’s Non-Employee Director Compensation Program, indicating a routine director compensation event.