COUGHLIN CHRISTOPHER J 4
Research Summary
AI-generated summary
Centene (CNC) Director Christopher Coughlin Receives 1,140-Share Award
What Happened Christopher J. Coughlin, a director of Centene Corporation (CNC), was granted 1,140 shares via an award/acquisition on 2026-03-31. The transaction is reported at $0.00 per share (total reported value $0), consistent with a compensation grant such as restricted stock units rather than an open-market purchase.
Key Details
- Transaction date: 2026-03-31; transaction type: Award/Grant (code A).
- Shares acquired: 1,140 shares at $0.00 per share (reported total $0).
- Shares owned after transaction: not specified in the provided summary; filing notes ownership includes restricted units (see footnotes).
- Footnotes of note:
- F1: Ownership includes 3,579 shares of restricted stock units that are subject to vesting requirements.
- F2: Some shares are owned by a grantor retained annuity trust for the benefit of Mr. Coughlin and his adult children; Mr. Coughlin is the sole trustee.
- Filing timeliness: Report filed on 2026-03-31 for the 2026-03-31 transaction (no late-filing flag indicated).
Context This appears to be a standard director compensation award (likely RSUs) rather than a market purchase or sale. RSU awards typically vest over time and do not represent an immediate cash purchase or sale, so they are more about compensation/retention than an immediate trading signal. The trust ownership noted in the footnote reflects ownership structure and estate planning, not a market trade.