Cencora (COR) director receives stock awards and RSUs instead of cash retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cencora, Inc. director Dennis M. Nally reported acquiring a total of 655 shares of common stock in two non‑open‑market grants. On March 5, 2026, he received 557 shares at a reference price of $359.28 per share, and on January 30, 2026 he received 98 shares at $359.22 per share.
According to the footnotes, some of these shares were issued in lieu of a $35,000 quarterly cash retainer under the company’s non‑employee director compensation program, and an annual restricted stock unit grant was received for no consideration that vests 100% on the first anniversary of the grant date. After these awards, he directly owns 12,959 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
NALLY DENNIS M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 557 | $359.28 | $200K |
| Grant/Award | Common Stock | 98 | $359.22 | $35K |
Holdings After Transaction:
Common Stock — 12,959 shares (Direct)
Footnotes (1)
- Shares of common stock issued in lieu of $35,000 quarterly cash retainer per the Registrant's Non-Employee Director Compensation Program. Annual grant of restricted stock units received for no consideration and vests 100% on the first anniversary of the date of grant.
FAQ
What insider transactions did Cencora (COR) director Dennis Nally report?
Dennis M. Nally reported two stock awards totaling 655 common shares. He received 557 shares on March 5, 2026, and 98 shares on January 30, 2026, as non‑open‑market grants under Cencora’s director compensation and equity award programs.
Were the recent Cencora (COR) insider transactions open-market buys or stock awards?
The reported transactions were stock awards, not open-market purchases. Both entries use code “A” for grants or other acquisitions, including shares issued instead of a $35,000 cash retainer and an annual restricted stock unit grant vesting after one year.
What is the value of the Cencora (COR) director’s stock retainer mentioned in the filing?
The filing notes a $35,000 quarterly cash retainer paid in stock. Shares of Cencora common stock were issued in lieu of this cash retainer under the company’s Non‑Employee Director Compensation Program, aligning part of director compensation with equity rather than cash.
How do the Cencora (COR) restricted stock units for Dennis Nally vest?
The annual restricted stock unit grant vests 100% on the first anniversary. The filing states that these RSUs were received for no cash consideration and become fully vested one year after the grant date, subject to the terms of Cencora’s equity plan.