secwatch.observer — SEC 8-K summary
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Issuer:     CENTENE CORP (CNC)
CIK:        0001071739
Form:       8-K
Filed at:   2021-09-27T23:59:59+00:00
Accession:  0001071739-21-000201
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Centene EVP Jeffrey Schwaneke resigns; receives $3M lump sum in lieu of equity vesting
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- Jeffrey A. Schwaneke resigned as EVP of HealthCare Enterprises effective Sept. 22, 2021.
- Separation agreement provides one year base salary and subsidized COBRA but no 2021 prorated bonus.
- All outstanding unvested equity awards will not vest; Schwaneke receives $3M cash lump sum instead.
- Payments contingent on execution and non-revocation of release of claims.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071739/000107173921000201/0001071739-21-000201-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071739/000107173921000201/cnc-20210922.htm
  HTML page:      https://secwatch.observer/filing/0001071739-21-000201

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer