MCNALLY TANYA M 4/A

What Happened

• Tanya M. McNally, Chief People Officer of Centene Corporation (CNC), was granted 74,311 equity awards on January 26, 2026. The award is reported as an acquisition at $0.00 (no cash paid) and therefore has a reported transaction value of $0. These are compensation awards (not open-market purchases or sales).

Key Details

• Transaction date: 2026-01-26; transaction type: Award/Grant (code A).
• Grant breakdown: 29,724 restricted stock units (RSUs) that vest in three annual installments beginning March 15, 2027; 44,587 performance stock units (PSUs) reported at target.
• PSU vesting: Actual PSU payout on March 15, 2029 will 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), per the filing.
• Filing amendment: This is a Form 4/A filed to amend the Form 4 previously filed Jan 28, 2026. The amendment removed 2,073 shares representing unvested PSUs for the performance period ending Dec 31, 2025 that did not meet vesting criteria (determined Jan 26, 2026).
• Holdings reported: Ownership reported in the filing also includes 47,267 shares from previously granted RSUs and PSUs (reported at target).
• Timing/valuation: Award reported at $0 is standard for equity grants; this is compensation, not a cash purchase or sale.

Context

• RSUs vest over time and represent a promise to deliver shares if vesting conditions are met; PSUs vest based on specified performance metrics and may pay out between 0% and 200% of target here. Grants like this are typical executive compensation and do not by themselves indicate a buy or sell signal in the open market.