Battaglia Silvana 4

What Happened Silvana Battaglia, Executive Vice President of Cencora (COR), had 8,415 restricted stock units (RSUs) vest on March 11, 2026. The vesting converted the RSUs into 8,415 shares (recorded as derivative exercise/conversion, code M at $0.00). To satisfy tax withholding (code F), 3,673 of those shares were surrendered at $350.30 per share, a withholding value of $1,286,652. Net delivery to the insider was 4,742 shares (8,415 vested − 3,673 withheld). This was not an open‑market sale but a routine tax‑withholding transaction tied to RSU vesting.

Key Details

• Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (timely, two business days after the transaction).
• Vested/converted: 8,415 RSUs → 8,415 shares (reported as M, $0.00 per share).
• Tax withholding: 3,673 shares withheld at $350.30 each = $1,286,652 (reported as F).
• Net shares delivered to insider: 4,742 shares.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — RSUs were granted for no consideration and vested 3/11/2026; F2 — share surrender satisfied tax withholding obligation.
• Transaction codes: M = exercise/conversion of derivative (RSU vesting here); F = disposition to cover tax withholding.

Context This filing documents RSU vesting and share withholding for taxes — a common administrative event that does not indicate an open‑market sale or new purchase signal. The withholding is effectively a cashless satisfaction of tax liability rather than an investment decision by the insider.