CENTENE CORP·4/A

Feb 6, 7:20 PM ET

CASSO KATIE 4/A

Research Summary

AI-generated summary

Updated

Centene (CNC) Controller Katie Casso Receives Stock Award

What Happened

  • Katie Casso, Centene’s Corporate Controller & CAO, was granted 26,036 shares as an equity award on January 26, 2026. The shares were issued at $0.00 (an award/grant), so no cash was paid. The award breaks down into 13,018 restricted stock units (RSUs) and 13,018 performance stock units (PSUs) reported at target.

Key Details

  • Transaction date: 2026-01-26 (Form 4 originally filed Jan 28, 2026; amended Form 4/A filed Feb 6, 2026).
  • Consideration: $0.00 per share (award/grant).
  • Award breakdown: 13,018 RSUs vesting in three annual installments beginning March 15, 2027; 13,018 PSUs at target with actual vesting on March 15, 2029 ranging from 0%–200% based on Centene’s stock-price performance (see footnote for the performance measurement periods).
  • Amendment: Form 4/A removes 9,236 shares representing unvested PSUs for the period ending Dec 31, 2025 that did not meet vesting criteria (determined Jan 26, 2026).
  • Shares after transaction: The filing notes 53,325 previously‑granted RSUs/PSUs (reported at target) plus this 26,036 award — totaling 79,361 shares/units referenced in the filing, all subject to vesting.
  • No 10b5-1 plan, tax‑withholding sale, or immediate resale was reported.

Context

  • This was an equity compensation grant (not an open‑market buy or sale). RSUs and PSUs are common long‑term incentives and do not necessarily signal an immediate trading view by the insider; PSUs’ final payout depends on future performance metrics. The initial Form 4 filing was timely; the Feb 6 Form 4/A corrects the previously reported holdings to remove PSUs that failed to vest.