CENTENE CORP (CNC)

AI-Powered SEC Filing Analysis

Current Report Filed: 2026-04-28

Key Insights

  • Centene announced Q1 2026 financial results on April 28, 2026, with the full press release attached as Exhibit 99.1, providing investors with detailed operational and earnings performance data.
  • The 8-K filing is a standard earnings announcement with no material agreements, executive changes, or significant corporate events disclosed, indicating routine quarterly reporting.
  • As a managed healthcare company, Q1 results would typically reflect key metrics such as membership trends, medical loss ratios, and operational efficiency, though specific numbers are not detailed in this cover filing.
Quarterly Report Filed: 2026-04-28

Key Insights

  • The filing is dated April 28, 2026 for Q1 2026 (ending March 31, 2026), showing Centene Corp continuing operations as a major managed care provider with exposure to healthcare premium members and service members.
  • The presence of Magellan Health as a held-for-sale asset (marked as disposal group not discontinued operations) indicates ongoing strategic portfolio management and potential divestiture activity that could impact future revenue composition.
  • The company maintains a diversified investment portfolio across multiple security types (US Treasuries, corporate bonds, municipal bonds, mortgage-backed securities) with fair value measurements across multiple levels, suggesting active treasury management and strong liquidity position.
Insider Trading Filed: 2026-04-16

Key Insights

  • The Chief People Officer, Tanya M. McNally, reported selling 964 shares of Centene Corporation (CNC) common stock on April 15, 2026, at a price of $37.26 per share.
  • After the transaction, McNally continues to beneficially own 127,258 shares, including 112,054 shares from previously granted restricted stock units and performance stock units.
  • The sale of shares appears to be related to a tax withholding event upon the vesting of the restricted stock units, a common practice for executives to cover tax obligations.
Insider Trading Filed: 2026-03-31

Key Insights

  • Kenneth Tanji, a director of Centene Corporation, acquired 1,179 shares of common stock on March 31, 2026, increasing his direct beneficial ownership to 7,917 shares, which includes 3,579 shares of restricted stock units subject to vesting requirements.
  • The transaction suggests that Tanji has confidence in the company's future prospects and is willing to increase his stake in the organization.
  • Investors should monitor insider trading activities, as they can provide valuable insights into management's perspective on the company's outlook and potential growth opportunities.
Insider Trading Filed: 2026-03-31

Key Insights

  • Insider Theodore R. Samuels II, a director at Centene Corporation, acquired 943 shares of the company's common stock on March 31, 2026 at $0 per share.
  • Samuels also owns an additional 32,000 shares of Centene through a family trust, indicating continued confidence in the company's prospects.
  • The acquisition of nearly 1,000 shares at no cost suggests Samuels may have received the shares as part of a compensation or incentive plan, aligning his interests with those of Centene's shareholders.
Insider Trading Filed: 2026-03-31

Key Insights

  • The reporting person, Frederick H. Eppinger, acquired 1,690 shares of Centene Corporation (CNC) common stock at $0 per share, increasing their direct beneficial ownership to 362,050.658 shares.
  • Eppinger holds 5,965 shares of restricted stock units subject to vesting requirements, indicating potential future ownership changes.
  • The transaction was executed on March 31, 2026, suggesting ongoing insider investment in the company.
Insider Trading Filed: 2026-03-31

Key Insights

  • Christopher Coughlin, a director of Centene Corporation, acquired 1,140 shares of common stock on March 31, 2026 at no cost, increasing his direct ownership to 14,156.926 shares.
  • Coughlin also holds an indirect ownership of 30,054 shares through a grantor retained annuity trust, for which he is the sole trustee.
  • The acquisition of shares by a director suggests potential confidence in the company's future prospects.
Current Report Filed: 2026-03-24

Key Insights

  • Centene Corporation has appointed Theodore Pienkos as their new Corporate Controller and Chief Accounting Officer, signaling a leadership transition within the company's finance function.
  • Kate Casso, the previous Corporate Controller, has been appointed to the role of Senior Vice President, Finance Operations and Innovation, indicating a focus on finance operations and innovation.
  • The company's intentional leadership development approach is highlighted, with internal talent being elevated to key positions.
Insider Trading Filed: 2026-03-17

Key Insights

  • Christopher Koster, the Secretary and General Counsel of Centene Corporation (CNC), sold 9,087 shares of CNC common stock on March 15, 2026, at a price of $34.45 per share.
  • Koster continues to hold a substantial ownership stake in CNC, with 352,835.617 shares and 15,690 stock options still beneficially owned.
  • The transaction appears to be related to tax withholding requirements upon the vesting of previously granted restricted stock units and performance stock units.
Insider Trading Filed: 2026-03-17

Key Insights

  • Susan Raye Smith, the Chief Operating Officer of Centene Corporation, disposed of 2,918 shares of common stock through a tax withholding transaction, reducing her direct ownership to 212,720 shares.
  • Smith continues to hold a significant equity position in Centene, including 182,815 shares from previously granted restricted stock units and performance stock units.
  • The transaction appears to be a routine tax withholding event and does not indicate any major changes in Smith's ownership or the company's leadership.
Insider Trading Filed: 2026-03-17

Key Insights

  • Tanya M. McNally, the Chief People Officer, disposed of 2,785 shares of Centene Corp (CNC) common stock through a share withholding transaction for tax purposes.
  • Following the reported transaction, McNally still beneficially owns 128,222 shares, including 114,503 shares of previously-granted restricted stock units and performance stock units.
  • The share disposition appears to be a routine tax-related transaction and does not indicate a major change in McNally's overall ownership or position with the company.
Insider Trading Filed: 2026-03-17

Key Insights

  • Insider Sarah London, Chief Executive Officer, has sold 36,061 shares of Centene Corp (CNC) stock, likely for tax purposes related to vesting of restricted stock units.
  • London still maintains a substantial ownership stake of 1,188,831 shares, including unvested restricted stock units and performance stock units, indicating continued alignment with shareholders.
  • Centene granted London a performance-based stock option in December 2021, which can become exercisable if the company's stock price reaches $100 per share for 20 consecutive trading days.
Insider Trading Filed: 2026-03-17

Key Insights

  • The reporting person, Katie Casso, is the Corporate Controller and Chief Accounting Officer of Centene Corp (CNC), indicating an insider transaction.
  • Casso disposed of 3,359 shares of CNC common stock through a tax withholding transaction, likely related to the vesting of previously granted restricted stock units and performance stock units.
  • After the transaction, Casso continues to beneficially own 109,776 CNC shares, including 71,740 shares from unvested equity awards, suggesting she maintains a significant stake in the company.
Insider Trading Filed: 2026-03-17

Key Insights

  • Centene's Chief Financial Officer Andrew Lynn has filed a Form 4 indicating a sale of 15,241 shares of the company's common stock at $34.45 per share.
  • The transaction was likely related to the vesting of previously granted restricted stock units, as the filing indicates the shares were withheld for tax purposes.
  • Despite the sale, Lynn still holds a significant equity stake in Centene, including 448,650 shares of unvested restricted stock units and performance stock units.
Current Report Filed: 2026-02-23

Key Insights

  • Centene reaffirmed its 2026 full year GAAP diluted EPS guidance of greater than $1.98 and its full year adjusted diluted EPS guidance of greater than $3.00, signaling continued financial strength.
  • The company provided non-GAAP financial measures to allow investors to better assess the ongoing nature of its operations and measure performance more consistently across periods.
  • Centene highlighted that it plans to meet with investors the week of February 23, 2026, providing an opportunity for management to further engage with the investment community.
Annual Report Filed: 2026-02-17

Key Insights

  • Centene's revenue from healthcare premiums and services grew steadily over the past 3 years, indicating strong business performance.
  • The company has made strategic divestitures of Magellan Rx and Magellan Specialty Health, potentially streamlining operations and improving profitability.
  • Centene's Medicare Advantage membership is projected to grow, which could drive higher revenue in the Medicare segment.
Current Report Filed: 2026-02-06

Key Insights

  • Centene Corporation reported strong financial results for Q4 and full year 2025, exceeding guidance on key metrics.
  • The company provided detailed guidance for fiscal year 2026, outlining expectations for continued growth and profitability.
  • Centene's leadership team remains stable, providing continuity and confidence in the company's strategic direction.
Insider Trading Filed: 2026-01-16

Key Insights

  • Tanya M. McNally, the Chief People Officer, has disposed of 725 shares of Centene Corporation (CNC) common stock through a tax withholding transaction.
  • McNally continues to beneficially own a significant number of shares, including 49,340 restricted stock units and performance stock units, indicating continued commitment to the company.
  • The transaction appears to be a routine event related to the vesting of previously granted equity awards and does not indicate a major shift in McNally's ownership or outlook on the company.
Insider Trading Filed: 2026-01-05

Key Insights

  • Kenneth A. Burdick, a director of Centene Corporation (CNC), has acquired 729 shares of the company's common stock on December 31, 2025, increasing his direct ownership to 273,093.924 shares.
  • Burdick also indirectly owns 86,498 shares through the Burdick Family LLC, of which he is the chief manager.
  • Burdick holds 10,000 stock options with an exercise price of $80.57 and an expiration date of February 7, 2032.
Insider Trading Filed: 2026-01-05

Key Insights

  • Kenneth Tanji, a director at Centene Corporation, acquired 790 shares of the company's common stock on December 31, 2025 at $0 per share. This suggests he is bullish on the company's prospects.
  • Tanji's ownership in Centene has increased to 6,738 shares, including 3,579 shares of restricted stock units subject to vesting requirements.
  • Insider buying is generally seen as a positive signal, indicating the director's confidence in the company's future performance.

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Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.