Mauch Robert P. 4

What Happened
Robert P. Mauch, President & CEO and a director of Cencora (COR), exercised 3,763 derivative shares (option exercise) at $86.09 per share for a total exercise cost of $323,957 on January 20, 2026. On the same day he sold 5,096 shares in an open-market transaction at $354.73 per share, generating proceeds of $1,807,704. The filing also records 3,763 derivative shares as disposed at $0.00 (the filing does not explain the reason for the $0.00 disposition).

Key Details

• Transaction date: 2026-01-20; Form 4 filed: 2026-01-22 (timely filing).
• Option exercise: 3,763 shares acquired at $86.09 = $323,957.
• Open-market sale: 5,096 shares sold at $354.73 = $1,807,704.
• Derivative disposition: 3,763 shares reported disposed at $0.00 (no proceeds reported).
• Footnote F1: Options were exercisable in four equal installments on 11/13/20, 11/13/21, 11/13/22 and 11/13/23.
• Shares owned after the reported transactions: not specified in the provided filing.

Context

• The filing shows an option exercise and contemporaneous open-market sale. Filings sometimes report derivative shares at $0.00 when shares are surrendered for taxes or to cover exercise obligations, but this specific Form 4 does not state the reason.
• Purchases (option exercises) and sales on the same day can reflect routine exercise-and-sell activity; the filing is factual and does not state Mr. Mauch’s motivation.