Centene (CNC) CAO Pienkos reports 29.8K-share stake and RSU awards
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Centene Corp executive Theodore J. Pienkos, Corporate Controller and Chief Accounting Officer, filed an initial ownership report showing 29,843.4930 shares of common stock held directly. This total includes 16,140 restricted stock units that vest in scheduled installments between September 15, 2026 and March 15, 2027.
The ownership also includes 1,381 performance stock units reported at target level, granted on March 15, 2024. The number of these performance units that will actually vest on March 15, 2027 can range from 0% to 200% of the target amount, depending on achievement of performance conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PIENKOS THEODORE J
Role
Corporate Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 29,843.493 shares (Direct)
Footnotes (1)
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FAQ
What does Theodore J. Pienkos report owning in Centene Corp (CNC) on this Form 3?
The filing shows Theodore J. Pienkos directly owning a total of 29,843.4930 shares of Centene common stock. This figure includes both time-based restricted stock units and performance stock units that may vest in future years, subject to specified conditions.
How many restricted stock units does Centene’s CAO report on this Form 3 for CNC?
The Form 3 indicates 16,140 restricted stock units are included in the reported ownership. These units vest in installments between September 15, 2026 and March 15, 2027, reflecting equity compensation that converts into shares over time if service conditions are met.
What are the vesting dates for Theodore Pienkos’ restricted stock units in Centene (CNC)?
Of the reported restricted stock units, 11,275 vest in three equal installments starting September 15, 2026. Another 4,010 vest in two equal installments beginning March 15, 2027, and 855 units vest fully on March 15, 2027.
How many performance stock units does Theodore Pienkos hold in Centene Corp (CNC)?
The filing notes 1,381 performance stock units granted on March 15, 2024, reported at target performance. The actual number that will vest on March 15, 2027 can be between 0% and 200% of this target, based on performance results.
Is this Centene (CNC) Form 3 a buy or sell transaction for Theodore Pienkos?
This Form 3 is an initial ownership report, not a buy or sell transaction. It discloses Pienkos’ existing Centene holdings, including restricted and performance stock units, as he is a Corporate Controller and Chief Accounting Officer subject to insider reporting rules.
What role does Theodore J. Pienkos hold at Centene Corp (CNC) in this Form 3?
The filing identifies Theodore J. Pienkos as Corporate Controller & Chief Accounting Officer of Centene Corp. Because of this senior officer role, his equity holdings and future transactions in Centene common stock must be reported on Forms 3, 4, or 5 under SEC rules.