Centene (CNC) director Kenneth Tanji receives 1,179-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Centene Corp director Kenneth Tanji reported receiving a grant of 1,179 shares of Common Stock as a compensation-related award. The shares were acquired at no purchase price, increasing his direct holdings to 7,917 shares. Ownership includes 3,579 restricted stock units that are subject to vesting requirements.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TANJI KENNETH
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,179 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,917 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,179 shares
Post-transaction holdings: 7,917 shares
Restricted stock units: 3,579 shares
+1 more
4 metrics
Shares granted
1,179 shares
Common Stock grant coded as award acquisition
Post-transaction holdings
7,917 shares
Total direct Common Stock held after grant
Restricted stock units
3,579 shares
RSUs subject to vesting requirements included in ownership
Grant price per share
$0.0000 per share
Indicates no cash paid for award shares
Key Terms
restricted stock units, vesting requirements, grant, award, or other acquisition
3 terms
restricted stock units financial
"Ownership includes 3,579 shares of restricted stock units subject to vesting requirements."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting requirements financial
"restricted stock units subject to vesting requirements."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Centene (CNC) director Kenneth Tanji report?
Kenneth Tanji reported receiving a grant of 1,179 Centene Common Stock shares. The transaction was coded as a grant, award, or other acquisition, reflecting compensation rather than an open-market purchase, and increased his direct holdings to 7,917 shares overall.
What restricted stock units does Kenneth Tanji hold in Centene (CNC)?
Ownership includes 3,579 shares underlying restricted stock units that are subject to vesting requirements. These RSUs typically convert into Common Stock only as vesting conditions are met, providing longer-term equity-based compensation for the director.
What does transaction code “A” mean in the Centene (CNC) Form 4?
Transaction code “A” in this Form 4 indicates a grant, award, or other acquisition of shares. For Tanji, it reflects a 1,179-share award of Common Stock, consistent with equity compensation rather than a discretionary market purchase.