LONDON SARAH 4
4 · CENTENE CORP · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Centene (CNC) CEO Sarah London Shares Withheld for Taxes
What Happened Sarah London, CEO of Centene Corporation (CNC), had 36,061 shares withheld on March 15, 2026 to satisfy tax withholding related to the vesting of previously-reported restricted stock units (RSUs). The shares were valued at $34.45 each, totaling approximately $1,242,301. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-15; Form 4 filed 2026-03-17 (two days later, timely).
- Price per share: $34.45; shares withheld/disposed: 36,061; total value ≈ $1,242,301.
- Transaction code: F — shares withheld to cover taxes upon vesting of RSUs (routine withholding).
- Shares owned after transaction: not specified in the provided excerpt; filing notes ownership includes 889,753 previously-granted RSUs and PSUs reported at target (see footnote F2).
- Other footnote: F3 references a 2021 performance stock option that vests only if CNC trades ≥ $100 for 20 consecutive days (not relevant to this withholding).
Context This is a routine tax-withholding event tied to RSU vesting and should not be interpreted as a discretionary sale by the insider. Purchases or open-market sales can convey stronger sentiment; tax-withholdings are standard administrative actions.
Insider Transaction Report
Form 4
CENTENE CORPCNC
LONDON SARAH
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
[F1][F2]2026-03-15$34.45/sh−36,061$1,242,301→ 1,188,831 total
Holdings
- 13,449
Common Stock Option (right to buy)
[F3]Exercise: $81.85Exp: 2031-12-15→ Common Stock (13,449 underlying)
Footnotes (3)
- [F1]Shares withheld for taxes upon vesting of previously-reported grants of restricted stock units.
- [F2]Ownership includes 889,753 shares of previously-granted restricted stock units and performance stock units (reported at target level performance) subject to vesting requirements.
- [F3]Performance Stock Option granted on December 15, 2021, may become exercisable on or after the third anniversary of the grant date if the closing price of CNC's common stock equals or exceeds $100 per share for 20 consecutive trading days following the grant date.
Signature
/s/ Christopher A. Koster (executed by attorney-in-fact)|2026-03-17