LONDON SARAH 4/A
4/A · CENTENE CORP · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Centene (CNC) CEO Sarah London Receives Award of 520,720 Shares
What Happened
- Sarah London, CEO of Centene Corporation (CNC), was awarded 520,720 stock units on January 26, 2026. The award is reported at $0.00 per share (an equity grant, not a purchase). The award breaks down into restricted stock units (RSUs) and performance stock units (PSUs) reported at target levels.
Key Details
- Transaction date and type: 2026-01-26 — Grant/Award (Form 4/A filed 2026-02-06 to amend the Jan 28, 2026 filing).
- Award amount: 520,720 units total (no cash paid by the insider).
- Composition (per filer):
- 138,859 RSUs vesting in three annual installments beginning March 15, 2027.
- 69,429 RSUs vesting in five annual installments beginning March 15, 2027.
- 312,432 PSUs reported at target; actual PSU payout on March 15, 2029 may range from 0%–200% of target based on specified stock-price performance.
- Amended filing note: This Form 4/A removes 141,103 unvested PSUs that did not meet vesting criteria for the performance period ending Dec 31, 2025 (as determined Jan 26, 2026).
- Ownership disclosure: The filing notes 450,895 previously‑granted RSUs/PSUs (reported at target) remain included in ownership counts. The form does not state a single consolidated post‑transaction share total.
Context
- RSUs are time‑based awards that vest on set dates; PSUs are performance‑based and can pay out more or less than target (here 0–200%) depending on Centene’s stock‑price performance (comparison described in the footnote). This is a compensation grant rather than an open‑market purchase or sale; such grants are common for executive compensation and are not a direct buy/sell market signal.
Insider Transaction Report
Form 4/AAmended
CENTENE CORPCNC
LONDON SARAH
DirectorChief Executive Officer
Transactions
- Award
Common Stock
[F1][F2][F3]2026-01-26+520,720→ 1,224,892 total
Footnotes (3)
- [F1]This award includes 138,859 restricted stock units that vest in three annual installments beginning on March 15, 2027, and 69,429 restricted stock units that vest in five annual installments beginning on March 15, 2027. This award also includes 312,432 performance stock units reported at target level performance. The actual number of performance stock units that will vest on March 15, 2029 ranges from 0% to 200% of the reported target performance stock units based on the Company's stock price performance for the final 20 trading days of 2025, compared to the final 60 trading days of 2028.
- [F2]This Form 4/A is being filed to amend the Form 4 filed on January 28, 2026 to remove from the total holdings amount 141,103 shares representing unvested performance stock units for the performance period ending on December 31, 2025 that did not meet the vesting criteria as determined by the Compensation and Talent Committee on January 26, 2026.
- [F3]Ownership includes 450,895 shares of previously-granted restricted stock units and performance stock units (reported at target level performance) subject to vesting requirements.
Signature
/s/ Christopher A. Koster (executed by attorney-in-fact)|2026-02-06