Insider trade

Director sold ~$5.16M of CNC shares in the open market

Traded Jun 10, 2026 · Filed Jun 11, 2026

~$5.16M
Reported value · 80K sh @ $64.55: 197K
Holds after · shares reported: -6.7%
stock since the trade · S&P 500 +5.3%, $65.34 → $60.99 on Oct 1

Why it stands out

A board member of Centene Corporation sold $5.16M of Centene Corporation shares. It happened by itself, for taxes or pay.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Jun 10, 2026
Reporting period: Not applicable
Filed with the SEC: Jun 11, 2026

Director$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$5,164,000

Shares × reported transaction price

Timing vs results

43 days after results of Apr 28, 2026, 48 days before results of Jul 28, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $65.34 on Jun 10, 2026, within 2% of its 52-week high, after a 32% rise over the previous 30 trading days

52-week range $25.21 (Aug 6, 2025) to $66.21 (Jun 9, 2026), 98% of the way up, from 251 adjusted closes. 30 trading days earlier: $49.57 on Apr 28, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references vesting of compensation awards

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Jul 9, 2025 in the U.S. District Court, S.D. New York. A filing is an allegation, not a finding.

Lunstrum v. Centene Corporation, docket 1:25-cv-05659, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	-2.3%	+0.4%	-2.7%
30 days	+4.8%	+1.0%	+3.8%
90 days	+0.3%	+2.2%	-1.9%

Past results only. Not a forecast.

Source receipt

Record ID: 0001071739-26-000127
Filed / recorded: Jun 11, 2026, 9:22 PM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: CENTENE CORP
Issuer CIK: 1071739
Ticker: CNC
Reporting person: Kenneth A Burdick
Relationship: Director
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Jun 10, 2026
Transaction code: S
Shares / units: 80,000
Price per share: $64.55
Acquired / disposed: Disposed (D)
Shares owned after: 197,085.924
Ownership form: Direct
Amendment: No

Footnotes from the filing

The weighted average price for this transaction is reported within the form. Shares were sold at prices ranging from $64.55 to $64.61. Full information regarding the number of shares at each price is available upon request.
Ownership includes 3,992 shares of restricted stock units subject to vesting requirements.