Centene Corp Officer Surrenders 7,130 Shares for Tax Withholding
CENTENE CORP
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Filing Summary
📋 Centene Corp ($CNC) Form 4 Filing Insider: Carson Michael A (Group President, Medicare&Spec) Transaction: Disposition (Tax Withholding - Code F) Shares Transacted: 7,130 @ $70.16 (~$500,241) Post-Transaction Direct Ownership: 115,752 shares Significance: Low (Routine tax withholding upon RSU vesting)
Comprehensive Analysis
Executive Summary
On October 15, 2026, Michael A. Carson, Group President of Medicare & Specialized Services at Centene Corp ($CNC), filed a Form 4 detailing the disposition of 7,130 shares of common stock at $70.16 per share, representing an aggregate value of approximately $500,241.
Transaction Details
- Security: Common Stock
- Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
- Shares Withheld: 7,130 shares
- Price: $70.16 per share
- Direct Shares Owned Following Transaction: 115,752 shares (including 99,734 unvested RSUs and PSUs at target)
- Indirect Holdings: 825 shares held by spouse
Market & Trading Significance
This transaction reflects routine tax withholding upon the vesting of previously granted restricted stock units, rather than an open-market discretionary sale. As such, it carries low market significance and does not indicate an executive sentiment shift regarding company valuation or operational outlook.
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Important Disclaimer
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