DURCAN DERMOT MARK 4
Research Summary
AI-generated summary
Cencora (COR) Director Dermot Durcan Buys 4,000 Shares
What Happened
- Dermot Durcan, a director of Cencora, acquired 4,000 shares in an open-market purchase (transaction code P) on June 18, 2026. The shares were bought at $274.19 each, for a total transaction value of $1,096,760. This was a purchase rather than a sale, which some investors view as a more informative signal about insider sentiment.
Key Details
- Transaction date and price: 2026-06-18 — 4,000 shares at $274.19 per share (total $1,096,760).
- Transaction type: Open-market purchase (code P).
- Shares owned after transaction: Not specified in the portions of the filing provided.
- Footnotes/plan details: The filing provided does not indicate a 10b5-1 plan, option exercise, tax withholding, or other special footnotes.
- Timeliness: The Form 4 was filed on 2026-06-22, four days after the reported transaction date; Form 4s are generally due within two business days, so this appears to be a delayed filing.
Context
- Purchases by directors are often monitored by retail investors because they can indicate confidence, but they are not proof of future performance. The filing includes no additional context (e.g., a trading plan or immediate resale). The late filing may reduce the timeliness of this disclosure for the market and could attract SEC follow-up, but it does not, by itself, change the fact of the purchase.