Director Werner Baumann receives 557-share equity grant at Cencora (COR)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Baumann Werner reported acquisition or exercise transactions in this Form 4 filing.
Cencora, Inc. director Werner Baumann received an annual equity award in the form of restricted stock units covering 557 shares of common stock at a reference price of $359.28 per share. The units were received for no cash consideration and will vest 100% on the first anniversary of the grant date. Following this grant, Baumann directly holds 3,687 shares of Cencora common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Baumann Werner
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 557 | $359.28 | $200K |
Holdings After Transaction:
Common Stock — 3,687 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Cencora (COR) report for Werner Baumann?
Cencora reported that director Werner Baumann acquired 557 shares of common stock through an annual grant of restricted stock units. These RSUs were received for no cash consideration and represent routine director compensation rather than an open-market purchase.
At what price was Werner Baumann’s Cencora (COR) stock award valued?
The 557 shares underlying Werner Baumann’s award were valued at $359.28 per share. This price is used as the reference value for reporting purposes and does not reflect an amount paid by Baumann, since the restricted stock units were received for no consideration.
When do Werner Baumann’s newly granted Cencora (COR) restricted stock units vest?
The annual grant of restricted stock units to Werner Baumann vests 100% on the first anniversary of the grant date. Until vesting, the award is subject to the time-based condition described, typical for director equity compensation programs.
Did Werner Baumann pay cash for his new Cencora (COR) restricted stock units?
No, Werner Baumann did not pay cash for the new restricted stock units. The footnote explains that this was an annual grant of RSUs received for no consideration, reflecting standard non-cash equity compensation for serving as a director.