Asher Andrew Lynn 4

What Happened

• Asher Andrew Lynn, Chief Financial Officer of Centene Corporation (CNC), received an equity award of 173,573 shares on January 26, 2026. The grant was reported at $0.00 per share (no cash exchanged at grant).
• The award consists of time-based restricted stock units (RSUs) and performance stock units (PSUs). Because this is a grant (not a market purchase or sale), it is a compensation award rather than an investment transaction.

Key Details

• Transaction date and price: 2026-01-26; 173,573 shares at $0.00 per share.
• Award breakdown (from filing footnotes):
  • 69,429 RSUs vest in three annual installments beginning March 15, 2027.
  • 104,144 PSUs reported at target; actual payout on March 15, 2029 can range from 0%–200% of target based on Centene’s stock-price performance (final 20 trading days of 2025 vs final 60 trading days of 2028).
• Ownership reported/after the grant: filing notes 384,247 previously‑granted RSUs/PSUs (reported at target) subject to vesting. Adding the new 173,573-unit award would total 557,820 unvested units reported at target, assuming no other reported holdings or disposals.
• Other note: a separate performance stock option (granted Dec 15, 2021) may become exercisable after its third anniversary if CNC’s stock closed at or above $100 for 20 consecutive trading days following the grant date (per footnote).
• Filing timeliness: Reported 2026-01-28 for a 2026-01-26 transaction — filed within the typical two-business-day Form 4 window.

Context

• RSUs are time‑based awards that convert to shares as they vest; PSUs vest based on company performance metrics and can pay out more or fewer shares than the target amount (0–200% here). Grants are common executive compensation and do not by themselves indicate an immediate buy or sell decision.
• This transaction is a compensation grant to the CFO rather than an open-market purchase or sale; retail investors should treat it as part of executive pay and consider vesting/performance conditions when assessing its future economic impact.