Campbell Elizabeth S 4
Research Summary
AI-generated summary
Cencora EVP Elizabeth Campbell Receives RSUs; 5,842 Shares Withheld
What Happened
- Elizabeth S. Campbell, Executive Vice President of Cencora (COR), had 12,623 restricted stock units (RSUs) vest on March 11, 2026. The RSUs converted into 12,623 common shares at $0.00 cost to the insider.
- To satisfy tax withholding obligations, 5,842 of those shares were surrendered/withheld at an effective value of $350.30 per share, generating $2,046,453. The net shares retained from this vesting event were 6,781 (12,623 vested − 5,842 withheld).
- This was a compensation vesting event (award conversion and withholding), not an open-market sale or purchase.
Key Details
- Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (timely).
- Vesting/conversion: 12,623 shares acquired via derivative conversion (transaction code M) at $0.00.
- Tax withholding: 5,842 shares disposed/withheld (transaction code F) at $350.30/share for $2,046,453.
- Net shares retained from this vesting: 6,781 shares. Total beneficial ownership after this transaction is not shown in the excerpt.
- Footnotes: F1 indicates RSUs were granted/received for no consideration and vested on March 11, 2026; F2 indicates satisfaction of tax withholding by share withholding.
Context
- This was a routine RSU vesting and tax-withholding transaction (common for executive compensation). The withheld shares were used to cover taxes and should not be interpreted as a market-sale decision about the company’s outlook. Transaction codes: M = exercise/conversion of derivative (RSU conversion), F = shares surrendered/withheld for taxes.