CASSO KATIE 4

What Happened

• Katie Casso, Centene’s Corporate Controller and Chief Accounting Officer, received an award of 26,036 stock units on January 26, 2026. The Form 4 reports the acquisition at $0.00 per share (standard for equity grants).
• The award breaks down into 13,018 restricted stock units (RSUs) and 13,018 performance stock units (PSUs, reported at target). The RSUs vest in three annual installments beginning March 15, 2027. The PSUs vest March 15, 2029, with actual payout ranging from 0%–200% of target based on prescribed relative stock-price performance.

Key Details

• Transaction date: 2026-01-26; reported on Form 4 filed 2026-01-28 (timely filing).
• Transaction type/code: A — Award/Grant; reported price $0.00; shares acquired: 26,036.
• Ownership after transaction: the filing notes 62,561 previously-granted RSUs/PSUs subject to vesting (footnote F2). Adding the new award yields ~88,597 potential units at target (subject to vesting and PSU performance).
• Footnotes: F1 details the RSU vesting schedule and PSU performance metric (0%–200% payout based on stock-price comparison across specified periods). F2 notes existing 62,561 previously-granted units included in ownership.
• No sale, exercise, or tax-withholding transaction reported in this filing.

Context

• This was a compensation grant, not an open-market purchase or sale. Grants like RSUs/PSUs are routine executive compensation and reflect long-term retention/incentive design rather than immediate trading sentiment.
• The PSU portion is performance-contingent; actual shares delivered could be greater or fewer than the target amount depending on future stock-price performance.