secwatch.observer — SEC 8-K summary
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Issuer:     CENTENE CORP (CNC)
CIK:        0001071739
Form:       8-K
Filed at:   2021-10-29T23:59:59+00:00
Accession:  0001071739-21-000229
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Jesse N. Hunter to depart as Centene EVP & Chief Strategy Officer effective Nov 5, 2021
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- Mutual agreement accelerates Mr. Hunter's last day from Dec 31 to Nov 5, 2021.
- Severance includes 12.5 months base salary lump sum plus subsidized COBRA benefits.
- Additional lump sum payment of $691,667 for pro-rated 2021 bonus and pro-rated Cash LTIP award.
- Unvested service-based RSUs to continue vesting through Dec 31, 2022; pro-rata vesting for performance-based RSUs and Cash LTIP awards for certain periods.
- Severance subject to execution of release of claims; separation agreement expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071739/000107173921000229/0001071739-21-000229-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071739/000107173921000229/cnc-20211026.htm
  HTML page:      https://secwatch.observer/filing/0001071739-21-000229

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