GREENBERG LON R 4
Research Summary
AI-generated summary
Cencora (COR) Director Lon R. Greenberg Receives RSU Award
What Happened
Lon R. Greenberg, a director of Cencora, received an award of 557 restricted stock units (RSUs) on 2026-03-05. The award is reported at a grant price of $359.28 per share for a total reported value of $200,119. This was an equity award (no cash purchase or sale).
Key Details
- Transaction date and type: 2026-03-05 — Award/Grant of 557 RSUs at $359.28 per share.
- Reported value: $200,119 (557 shares × $359.28).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote: Annual grant of RSUs received for no consideration; vests 100% on the first anniversary of the grant. Receipt of shares is deferred until 01/15/2029.
- Filing date: Form 4 filed 2026-03-09 (four days after the transaction); Form 4s are generally due within two business days, so investors may note the delayed filing.
Context
Director RSU awards are a routine form of compensation and are not a direct purchase signal. These RSUs are subject to vesting and deferred delivery (vesting on the first anniversary, with shares not delivered until 01/15/2029), so Greenberg will not receive tradable shares immediately.