CENTENE CORP·4

Mar 17, 5:43 PM ET

Asher Andrew Lynn 4

Research Summary

AI-generated summary

Updated

Centene CFO Asher Lynn Sells 15,241 Shares

What Happened

Asher Andrew Lynn, Chief Financial Officer of Centene Corporation (CNC), had 15,241 shares withheld to cover tax liabilities related to vesting restricted stock units (RSUs). The shares were disposed at $34.45 per share on March 15, 2026, representing proceeds of approximately $525,052. This disposition was a tax-withholding event (routine) rather than an open-market sale for investment purposes.

Key Details

  • Transaction date: 2026-03-15; filing date: 2026-03-17 (Form 4 accession 0001071739-26-000063).
  • Price: $34.45 per share; Shares disposed: 15,241; Total value: ~$525,052.
  • Transaction code: F — shares withheld for taxes upon vesting of previously reported RSUs.
  • Ownership after transaction: the filing notes reported ownership includes 448,650 previously‑granted RSUs and performance stock units (PSUs) reported at target; the filing excerpt provided does not list a total common-share count after this withholding.
  • Not marked late in the provided data; filing date is within the typical 2-business-day Form 4 window (no late-filing flag shown).

Context

  • Tax-withholding dispositions (code F) are common when RSUs vest and usually reflect tax withholding rather than a deliberate directional trade. They generally do not signal the insider’s broader view of the company.
  • Separate footnote (F3) notes a 2021 performance stock option grant that becomes exercisable only if specified price/vesting conditions are met; this was not the transaction here.