Burdick Kenneth A 4

What Happened
Kenneth A. Burdick, a director of Centene Corporation (CNC), sold 80,000 shares in an open-market disposition on June 10, 2026. The weighted average sale price reported was $64.55 per share, generating roughly $5,164,000 in proceeds. The filing indicates sale prices ranged from $64.55 to $64.61.

Key Details

• Transaction date: 2026-06-10; weighted average price $64.55; reported price range $64.55–$64.61.
• Shares sold: 80,000 — proceeds approximately $5,164,000.
• Shares owned after transaction: not specified in the report; the filing does note ownership includes 3,992 restricted stock units subject to vesting (F2).
• Ownership/beneficial interest: some shares are held by the Burdick Family LLC; Mr. Burdick disclaims beneficial ownership of those securities except to the extent of his pecuniary interest (F3).
• Filing date: 2026-06-11 for a 2026-06-10 transaction — appears to be filed promptly/timely.
• Footnote on pricing: weighted average shown on the form; specific share counts at each trade price available on request (F1).

Context
This was an open-market sale (disposition), not an option exercise or award. Sales by directors can be routine (e.g., portfolio rebalancing, tax/liquidity needs) and do not, by themselves, indicate a change in sentiment about the company. The filing includes both vested/vestable equity (and 3,992 RSUs subject to vesting) and shares owned through a family LLC, which Mr. Burdick notes he does not treat as direct beneficial ownership beyond his pecuniary interest.