LONDON SARAH 4/A

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.