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  4. [Form 4] Cencora, Inc. Insider Trading Activity

Cencora insider converts 3,853 RSUs; ends with 15,307.141 shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Cencora (COR) reported insider activity by an Executive Vice President. On 11/07/2025, two restricted stock unit tranches converted to common stock: 2,023 shares and 1,830 shares (coded “M”). To cover taxes, the filer disposed of 798 shares and 572 shares at $360.7 per share (coded “F”). Following these transactions, directly beneficially owned common stock stood at 15,307.141 shares. The vesting schedules referenced cover installments on 11/09/2023–2025 and 11/08/2024–2026.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU vesting with tax withholding; neutral impact.

The filing shows RSU-to-share conversions of 2,023 and 1,830 shares (code M), a standard step when awards vest. To satisfy tax obligations, the filer disposed of 798 and 572 shares at $360.7 (code F). After these moves, directly held common stock was 15,307.141 shares.

Vesting schedules cited include installments on 11/09/2023, 11/09/2024, 11/09/2025 and 11/08/2024, 11/08/2025, 11/08/2026. These are administrative equity events; actual trading supply effects depend on holder actions and plan mechanics disclosed.

Insider Campbell Elizabeth S
Role Executive Vice President
Type Security Shares Price Value
Exercise Restricted Stock Units 2,023 $0.00 $0.00
Exercise Restricted Stock Units 1,830 $0.00 $0.00
Exercise Common Stock 2,023 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 798 $360.70 $288K
Exercise Common Stock 1,830 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 572 $360.70 $206K
Holdings After Transaction: Restricted Stock Units — 1,830 shares (Direct); Common Stock — 15,307.141 shares (Direct)
Footnotes (3)
  1. F1. Grant of restricted stock units received for no consideration that vest in three equal installments on 11/09/2023, 11/09/2024, and 11/09/2025.
  2. F2. Satisfaction of tax withholding obligation incident to the vesting of restricted stock units.
  3. F3. Grant of restricted stock units received for no consideration that vest in three equal installments on 11/08/2024, 11/08/2025, and 11/08/2026.

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

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FAQ

What insider activity did Cencora (COR) report?
An Executive Vice President converted RSUs into common stock (2,023 and 1,830 shares) and withheld shares for taxes (798 and 572 shares at $360.7).

What were the final holdings after the COR transactions?
Direct beneficial ownership ended at 15,307.141 common shares after the reported transactions.

What do Form 4 codes M and F mean in the COR filing?
M indicates RSU-to-share conversion upon vesting; F indicates shares disposed to satisfy tax withholding.

When did the reported COR transactions occur?
All transactions occurred on 11/07/2025.

What vesting schedules were referenced in the COR filing?
One RSU grant vested on 11/09/2023, 11/09/2024, 11/09/2025; another on 11/08/2024, 11/08/2025, 11/08/2026.

What price was used for tax withholding in the COR filing?
Shares were withheld at $360.7 per share to satisfy taxes.
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).
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*
Campbell Elizabeth S
(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
11/07/2025
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 11/07/2025 M 2,023 A (1) 14,847.141 D
Common Stock 11/07/2025 F(2) 798 D $360.7 14,049.141 D
Common Stock 11/07/2025 M 1,830 A (3) 15,879.141 D
Common Stock 11/07/2025 F(2) 572 D $360.7 15,307.141 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
Restricted Stock Units $0(1) 11/07/2025 M 2,023 (1) (1) Common Stock 2,023 $0 0 D
Restricted Stock Units $0(3) 11/07/2025 M 1,830 (3) (3) Common Stock 1,830 $0 1,830 D
Explanation of Responses:
1. Grant of restricted stock units received for no consideration that vest in three equal installments on 11/09/2023, 11/09/2024, and 11/09/2025.
2. Satisfaction of tax withholding obligation incident to the vesting of restricted stock units.
3. Grant of restricted stock units received for no consideration that vest in three equal installments on 11/08/2024, 11/08/2025, and 11/08/2026.
Remarks:
/s/ Elizabeth S. Campbell 11/12/2025
** 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.

Source: View Original Filing on SEC EDGAR