Sarah London - Feb 4, 2025 Form 4 Insider Report for CENTENE CORP (CNC)

Role
Chief Executive Officer, Director
Signature
/s/ Christopher A. Koster (executed by attorney-in-fact)
Stock symbol
CNC
Transactions as of
Feb 4, 2025
Transactions value $
-$1,349,877
Form type
4
Date filed
2/6/2025, 06:14 PM
Previous filing
Dec 17, 2024
Next filing
Mar 18, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNC Common Stock Disposed to Issuer $0 -58.7K -8.83% $0.00 606K Feb 4, 2025 Direct F1
transaction CNC Common Stock Tax liability -$1.35M -20.8K -3.43% $64.82 586K Feb 4, 2025 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CNC Common Stock Option (right to buy) 13.4K Feb 4, 2025 Common Stock 13.4K $81.85 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the forfeiture of performance stock units granted to the reporting person on December 15, 2021 and March 29, 2022 that were eligible to vest based on certain financial performance objectives. Upon grant, the target vesting amounts were reported in Table I of Form 4. On February 4, 2025, the Company determined that, based on the Company's performance over the applicable performance period, 47,252 stock units would vest and 58,695 stock units would be forfeited.
F2 Shares withheld for taxes upon vesting of previously-reported grant of performance stock units.
F3 Ownership includes 377,818 shares of previously-granted restricted stock units and performance stock units (reported at target level performance) subject to vesting requirements.
F4 Performance Stock Option granted on December 15, 2021, may become exercisable on or after the third anniversary of the grant date if the closing price of CNC's common stock equals or exceeds $100 per share for 20 consecutive trading days following the grant date.