Research Summary
AI-generated summary of this SEC filing
Centene (CNC) Director Monte E. Ford Receives Award
What Happened Monte E. Ford, a director of Centene Corporation (CNC), was granted 3,992 restricted stock units (RSUs) on 2026-05-12. The Form 4 reports an acquisition at $0.00 per share (award/grant), which is equity compensation rather than a market purchase or sale.
Key Details
- Transaction date: 2026-05-12 (reported on Form 4 filed 2026-05-13).
- Transaction type/code: Award/Grant (A).
- Shares granted: 3,992 RSUs; reported acquisition price $0.00.
- Shares owned after transaction: not specified in the filing.
- Footnote: the 3,992 RSUs vest in full on the earlier of May 12, 2027 or the date of the registrant’s next annual meeting of stockholders.
- No 10b5-1 plan, tax-withholding sale, or late-filing indication noted.
Context RSUs are a form of equity compensation that convert into common shares only upon vesting and may be forfeited if vesting conditions aren't met. This grant is routine director compensation and is not an open-market purchase or sale signaling immediate trading activity.