Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-28

Centene (CNC)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$19,506,298
Sarah London total, FY2025
46th
CEO pay percentile vs peers
206:1
CEO-to-median pay ratio
91.62%
Say-on-pay support, latest vote
Companies that benchmark against CNC
11 companies name CNC as a compensation peer

Each company listed discloses CNC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CNC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Sarah London$1,473,077$0$15,537,733$0$2,109,446$0$386,042$19,506,298
Chief Executive Officer
Andrew Asher1,152,885013,362,92301,238,1980318,87416,072,880
Chief Financial Officer
Christopher Koster768,26905,111,0790550,081079,3646,508,793
Secretary and General Counsel
Susan Smith718,26903,577,7820514,281076,7514,887,083
Chief Operating Officer
Tanya McNally654,80801,967,7560468,843080,9493,172,356
Chief People Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Sarah London$19,506,298$20,602,148$18,556,966−1,095,850
Andrew Asher16,072,88011,182,4129,912,064+4,890,468
Christopher Koster6,508,7935,063,5384,844,337+1,445,255
Susan Smith4,887,0833,522,452+1,364,631
Tanya McNally3,172,356

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Frederick H. EppingerDirector2026-03-31A1,690$0$0CommonForm 4 ↗
Kenneth Y. TanjiDirector2026-03-31A1,17900CommonForm 4 ↗
Theodore R. SamuelsDirector2026-03-31A94300CommonForm 4 ↗
Christopher J. CoughlinDirector2026-03-31A1,14000CommonForm 4 ↗
Tanya McNallyChief People Officer2026-04-15D9643735,919CommonForm 4 ↗
Christopher J. CoughlinDirector2026-05-12A3,99200CommonForm 4 ↗
Jessica L. BlumeDirector2026-05-12A3,99200CommonForm 4 ↗
Theodore R. SamuelsDirector2026-05-12A3,99200CommonForm 4 ↗
Frederick H. EppingerDirector2026-05-12A6,65400CommonForm 4 ↗
Kenneth A. BurdickDirector2026-05-12A3,99200CommonForm 4 ↗
Kenneth Y. TanjiDirector2026-05-12A3,99200CommonForm 4 ↗
Monte E. FordDirector2026-05-12A3,99200CommonForm 4 ↗
H. James DallasDirector2026-05-12A3,99200CommonForm 4 ↗
Dividend-equivalent accruals2026-05-2248~2,7691 insider, 1 accrual row
Michael A. CarsonGroup President, Medicare&Spec2026-05-29D6046035,999Derivative, Class A CommonForm 4 ↗
Kenneth A. BurdickDirector2026-06-10D80,000655,164,000CommonForm 4 ↗
Susan SmithChief Operating Officer2026-06-15D4836531,487CommonForm 4 ↗
Lauren M. TylerDirector2026-06-30A6100CommonForm 4 ↗
Frederick H. EppingerDirector2026-06-30A83300CommonForm 4 ↗
Kenneth Y. TanjiDirector2026-06-30A58100CommonForm 4 ↗
Christopher J. CoughlinDirector2026-06-30A56200CommonForm 4 ↗
Theodore R. SamuelsDirector2026-06-30A46500CommonForm 4 ↗
Lauren M. TylerDirector2026-07-17A3,15500CommonForm 4 ↗
Paul J. DiazDirector2026-07-28A2,77100CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 24 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Frederick H. EppingerDirector2026-03-31A1,690$0$0CommonForm 4 ↗
Kenneth Y. TanjiDirector2026-03-31A1,17900CommonForm 4 ↗
Theodore R. SamuelsDirector2026-03-31A94300CommonForm 4 ↗
Christopher J. CoughlinDirector2026-03-31A1,14000CommonForm 4 ↗
Tanya McNallyChief People Officer2026-04-15D9643735,919CommonForm 4 ↗
Christopher J. CoughlinDirector2026-05-12A3,99200CommonForm 4 ↗
Jessica L. BlumeDirector2026-05-12A3,99200CommonForm 4 ↗
Theodore R. SamuelsDirector2026-05-12A3,99200CommonForm 4 ↗
Frederick H. EppingerDirector2026-05-12A6,65400CommonForm 4 ↗
Kenneth A. BurdickDirector2026-05-12A3,99200CommonForm 4 ↗
Kenneth Y. TanjiDirector2026-05-12A3,99200CommonForm 4 ↗
Monte E. FordDirector2026-05-12A3,99200CommonForm 4 ↗
H. James DallasDirector2026-05-12A3,99200CommonForm 4 ↗
Michael A. CarsonGroup President, Medicare&Spec2026-05-22A47.94582,769Derivative, Class A CommonForm 4 ↗
Michael A. CarsonGroup President, Medicare&Spec2026-05-29D6046035,999Derivative, Class A CommonForm 4 ↗
Kenneth A. BurdickDirector2026-06-10D80,000655,164,000CommonForm 4 ↗
Susan SmithChief Operating Officer2026-06-15D4836531,487CommonForm 4 ↗
Lauren M. TylerDirector2026-06-30A6100CommonForm 4 ↗
Frederick H. EppingerDirector2026-06-30A83300CommonForm 4 ↗
Kenneth Y. TanjiDirector2026-06-30A58100CommonForm 4 ↗
Christopher J. CoughlinDirector2026-06-30A56200CommonForm 4 ↗
Theodore R. SamuelsDirector2026-06-30A46500CommonForm 4 ↗
Lauren M. TylerDirector2026-07-17A3,15500CommonForm 4 ↗
Paul J. DiazDirector2026-07-28A2,77100CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Sarah LondonPSU2025-03-1578,36419,591$2,617,749
Andrew AsherPSU2025-03-1542,96210,7411,435,146
Andrew AsherPSU2025-03-1585,92621,4822,500,017
Susan SmithEQUITY2025-01-2435,9130
Tanya McNallyPSU2025-03-159,9242,481288,739
Tanya McNallyEQUITY2025-01-2432,7400
Susan SmithRSU2025-03-1524,0591,399,993
Andrew AsherPSU2025-03-1541,24610,3121,200,052
Christopher KosterPSU2025-03-1551,55612,8891,500,022
Christopher KosterPSU2025-03-1525,7766,444749,953
Christopher KosterRSU2025-03-1534,3701,999,990
Tanya McNallyPSU2025-03-1519,8484,962577,478
Tanya McNallyPSU2025-03-159,9242,481331,511
Tanya McNallyRSU2025-03-1513,233770,028
Susan SmithPSU2025-03-1518,0464,512525,048
Andrew AsherPSU2025-03-1542,96210,7411,249,979
Christopher KosterPSU2025-03-1525,7786,445861,114
Sarah LondonPSU2025-03-15156,72839,1824,560,001
Sarah LondonRSU2025-03-15104,4856,079,982
Andrew AsherEQUITY2025-01-2486,4660
Andrew AsherPSU2025-03-1582,48820,6222,399,988
Andrew AsherPSU2025-03-1541,24410,3111,377,757
Christopher KosterEQUITY2025-01-2438,4130
Sarah LondonPSU2025-03-1578,36419,5912,280,001
Sarah LondonEQUITY2025-02-21147,3080
Susan SmithPSU2025-03-1518,0444,511602,761
Susan SmithPSU2025-03-1536,0889,0221,049,980
Andrew AsherRSU2025-03-1554,9923,199,984
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Sarah London$6,079,982$9,457,751$060.9%
Andrew Asher3,199,98410,162,939076.1%
Susan Smith1,399,9932,177,789060.9%
Tanya McNally770,0281,197,728060.9%
Christopher Koster1,999,9903,111,089060.9%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Tanya McNallyPSU13,770$566,636
Sarah LondonRSU173,2277,128,291
Sarah LondonPSU138,8345,713,019
Christopher KosterRSU47,8731,969,974
Tanya McNallyRSU21,350878,553
Andrew AsherRSU88,5003,641,775
Susan SmithPSU24,8821,023,894
Andrew AsherPSU113,8814,686,203
Christopher KosterPSU37,8511,557,569
Susan SmithRSU30,7021,263,387
Andrew AsherRSU18,331754,321
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation programs are designed to attract, retain and motivate highly qualified, industry-leading executives. Our compensation philosophy is centered on the guiding pillars described below. Pay for Performance: Link executive compensation to performance and the achievement of both Company and individual goals. Superior performance and the achievement of goals results in higher compensation. Alignment with Long-Term Stockholder Value: Use both performance-based and service-based long-term incentive awards with meaningful retention requirements to encourage sustained stockholder value creation. Attract and Retain Top Executive Talent: Offer competitive pay to attract, motivate and retain industry-leading executives with the skills and experience to drive long-term Company success. Accelerate Mission and Culture: Motivate executives to advance the Company's key strategic objectives and manage risk while enabling a best-in-class workplace focused on the Company's mission and culture.

CEO STI target (% of salary)200%
CEO LTI target (% of salary)
Independent consultantFW Cook
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-12349,896,58931,993,126671,24491.62%Passed
20252025-05-13378,107,60247,508,937926,99388.84%Passed
20242024-05-14433,825,36943,973,709269,70990.8%Passed
20232023-05-10408,119,17877,813,537351,71883.99%Passed
20222022-04-26174,794,813344,825,680193,24933.64%Failed
20212021-04-27308,107,755182,886,6914,346,08862.2%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1291.62%a
20252025-05-1388.84%b
20242024-05-1490.8%c

a. Approved under the standard stated in the filing — “Proposals 2, 3 and 4 will pass with the votes of a majority of votes cast, which means a majority of the votes cast "for" the proposal.”.

b. Approved under the standard stated in the filing — “Therefore, abstentions will have no effect on the vote outcome of any proposal.”.

c. Approved under the standard stated in the filing — “Therefore, abstentions will have no effect on the vote outcome of any proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)206 : 1
CEO total compensation$19,506,298
Median employee compensation$94,800
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Frederick H. EppingerIndependent · Board Chair · Compensation and Talent$190,000$375,020$0$25,000$590,020
Kenneth A. BurdickNot independent · Quality (Chair)120,000345,047042,619507,666
Christopher J. CoughlinIndependent · Audit and Compliance · Compensation and Talent (Chair)120,000345,047025,000490,047
Theodore R. SamuelsIndependent · Compensation and Talent · Governance100,000325,004025,000450,004
Kenneth Y. TanjiIndependent · Audit and Compliance (Chair) · Governance · Newly elected96,569275,538025,000397,107
Wayne S. DeVeydtIndependent · Departed during FY76,302301,27100377,573
Jessica L. BlumeIndependent · Audit and Compliance · Governance (Chair)120,000225,012025,000370,012
Monte E. FordIndependent · Compensation and Talent100,000225,012025,000350,012
H. James DallasIndependent · Audit and Compliance100,000225,012025,000350,012
Thomas R. GrecoIndependent · Departed during FY64,402225,0120289,414
Lori J. RobinsonIndependent · Quality · Newly elected36,813036,813
Sarah M. LondonEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$225,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)30,000 / 20,000 / 20,000
Stock ownership guideline7.5x annual cash retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,124,086
Equity awards (grant-date value)$2,866,975
All other compensation$217,619
Total cost of the board$4,208,680

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Centene names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Centene.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1UnitedHealth Group, Inc.2025Stephen Hemsley$596,154$0$60,000,024$0$60,938,062
2HCA Healthcare, Inc.2025Samuel Hazen1,577,8158,474,5438,514,0905,416,73226,456,606
3McKesson Corporation2026Brian Tyler1,591,66717,201,20204,456,66824,213,044
4Cigna Corporation2025David Cordani1,600,00013,929,1613,400,0193,200,00022,866,134
5Elevance Health, Inc.2025Gail Boudreaux1,600,00013,440,2774,199,7652,768,00022,582,314
6MetLife, Inc.2025Michel Khalaf1,500,00014,797,60104,600,00022,364,273
7CVS Health Corporation2025J. David Joyner1,500,00014,499,93104,695,90021,214,084
8Centene2025Sarah London1,473,07715,537,73302,109,44619,506,298
9Cardinal Health, Inc.2025Jason Hollar1,492,32913,431,44103,551,74218,976,195
10Humana, Inc.2025James Rechtin1,348,55813,868,14103,034,74018,757,075
11Molina Healthcare, Inc.2025Joseph Zubretsky1,600,00016,199,9880018,340,783
12Cencora2025Robert Mauch1,350,00012,000,21804,283,21318,256,227
13Prudential Financial, Inc.2025Andrew Sullivan1,089,2054,618,26604,664,00011,408,423
14Walgreens Boots Alliance, Inc.2024Ginger Graham00002,500,000

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Centene71.6%PSU 60 · RSU 40Yes — Relative TSRFW Cook
Cardinal Health, Inc.136%PSU 60 · RSU 40Yes — Relative TSR modifierKorn Ferry
Cencora181.3%PSU 60 · RSU 40Yes — Relative TSRPearl Meyer & Partners
Cigna Corporation100%PSU 60 · RSU 20 · Options 20NoPay Governance
CVS Health Corporation156.5%PSU 60 · RSU 20 · Options 20Yes — rTSR ModifierKorn Ferry
Elevance Health, Inc.86.5%PSU 52 · RSU 24 · Options 24NoWillis Towers Watson (WTW)
HCA Healthcare, Inc.195.78%SAR 50 · PSU 50NoSemler Brossy
Humana, Inc.112%PSU 60 · RSU 40Yes — Relative TSRFarient Advisors, LLC
McKesson Corporation140%PSU 60 · RSU 40Yes — Total Shareholder Return (TSR) relative to comparator groupKorn Ferry
MetLife, Inc.100.5%PSU 70 · RSU 30Yes — TSR relative to TSR Peer GroupSemler Brossy Consulting Group
Molina Healthcare, Inc.not disclosedPSU 60 · RSU 40NoFW Cook
Prudential Financial, Inc.not disclosednot disclosednot disclosednot disclosed
UnitedHealth Group, Inc.not disclosedPSU 50 · Options 25 · RSU 25NoPay Governance
Walgreens Boots Alliance, Inc.not disclosedRSU 100not disclosedMercer

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Sarah LondonDEF 14A2026-03-260001071739-26-000077Section “Summary Compensation Table”. As printed: 19,506,298. Filing ↗machine: r2 · c30 · span 1494721–1494732
2Section 01, Andrew AsherDEF 14A2026-03-260001071739-26-000077Section “Summary Compensation Table”. As printed: 16,072,880. Filing ↗machine: r5 · c30 · span 1502192–1502202
3Section 01, Christopher KosterDEF 14A2026-03-260001071739-26-000077Section “Summary Compensation Table”. As printed: 6,508,793. Filing ↗machine: r8 · c30 · span 1509648–1509657
4Section 01, Susan SmithDEF 14A2026-03-260001071739-26-000077Section “Summary Compensation Table”. As printed: 4,887,083. Filing ↗machine: r14 · c30 · span 1520724–1520733
5Section 01, Tanya McNallyDEF 14A2026-03-260001071739-26-000077Section “Summary Compensation Table”. As printed: 3,172,356. Filing ↗machine: r11 · c30 · span 1517095–1517104
6Section 03, Sarah London PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r6 · c19 · span 1585220–1585229
7Section 03, Andrew Asher PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r14 · c19 · span 1615354–1615363
8Section 03, Andrew Asher PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r12 · c19 · span 1607762–1607771
9Section 03, Susan Smith EQUITYDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t242 · r26 · c4 · span 1657700–1657706
10Section 03, Tanya McNally PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r23 · c19 · span 1649126–1649133
11Section 03, Tanya McNally EQUITYDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t242 · r21 · c4 · span 1638891–1638897
12Section 03, Susan Smith RSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r30 · c19 · span 1675972–1675981
13Section 03, Andrew Asher PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r10 · c19 · span 1600170–1600179
14Section 03, Christopher Koster PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r17 · c19 · span 1626543–1626552
15Section 03, Christopher Koster PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r18 · c19 · span 1630338–1630345
16Section 03, Christopher Koster RSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r20 · c19 · span 1637696–1637705
17Section 03, Tanya McNally PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r22 · c19 · span 1645311–1645318
18Section 03, Tanya McNally PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r24 · c19 · span 1652941–1652948
19Section 03, Tanya McNally RSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r25 · c19 · span 1656506–1656513
20Section 03, Susan Smith PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r28 · c19 · span 1667915–1667922
21Section 03, Andrew Asher PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r13 · c19 · span 1611558–1611567
22Section 03, Christopher Koster PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r19 · c19 · span 1634131–1634138
23Section 03, Sarah London PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r4 · c19 · span 1577628–1577637
24Section 03, Sarah London RSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r7 · c19 · span 1588788–1588797
25Section 03, Andrew Asher EQUITYDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t242 · r8 · c4 · span 1589950–1589956
26Section 03, Andrew Asher PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r9 · c19 · span 1596374–1596383
27Section 03, Andrew Asher PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r11 · c19 · span 1603966–1603975
28Section 03, Christopher Koster EQUITYDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t242 · r16 · c4 · span 1620121–1620127
29Section 03, Sarah London PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r5 · c19 · span 1581424–1581433
30Section 03, Sarah London EQUITYDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t242 · r3 · c5 · span 1570670–1570677
31Section 03, Susan Smith PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r29 · c19 · span 1671707–1671714
32Section 03, Susan Smith PSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r27 · c19 · span 1664121–1664130
33Section 03, Andrew Asher RSUDEF 14A2026-03-260001071739-26-000077Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t242 · r15 · c19 · span 1618921–1618930
34Section 07, pay ratioDEF 14A2026-03-260001071739-26-000077Section “CEO Pay Ratio”. As printed: 206 : 1. Filing ↗machine: span 2018477–2018483
35Section 08, Frederick H. EppingerDEF 14A2026-03-260001071739-26-000077Section “Director Compensation”. As printed: 590,020. Filing ↗machine: t157 · r7 · c13 · span 987442–987449
36Section 08, Kenneth A. BurdickDEF 14A2026-03-260001071739-26-000077Section “Director Compensation”. As printed: 507,666. Filing ↗
37Section 08, Christopher J. CoughlinDEF 14A2026-03-260001071739-26-000077Section “Director Compensation”. As printed: 490,047. Filing ↗
38Section 08, Theodore R. SamuelsDEF 14A2026-03-260001071739-26-000077Section “Director Compensation”. As printed: 450,004. Filing ↗
39Section 08, Kenneth Y. TanjiDEF 14A2026-03-260001071739-26-000077Section “Director Compensation”. As printed: 397,107. Filing ↗machine: t157 · r12 · c13 · span 998746–998753
40Section 08, Wayne S. DeVeydtDEF 14A2026-03-260001071739-26-000077Section “Director Compensation”. As printed: 377,573. Filing ↗
41Section 08, Jessica L. BlumeDEF 14A2026-03-260001071739-26-000077Section “Director Compensation”. As printed: 370,012. Filing ↗machine: t157 · r2 · c17 · span 976043–976050
42Section 08, Monte E. FordDEF 14A2026-03-260001071739-26-000077Section “Director Compensation”. As printed: 350,012. Filing ↗machine: t157 · r8 · c13 · span 989516–989523
43Section 08, H. James DallasDEF 14A2026-03-260001071739-26-000077Section “Director Compensation”. As printed: 350,012. Filing ↗machine: t157 · r5 · c13 · span 982781–982788
44Section 08, Thomas R. GrecoDEF 14A2026-03-260001071739-26-000077Section “Director Compensation”. As printed: 289,414. Filing ↗machine: t157 · r9 · c13 · span 991592–991599
45Section 08, Lori J. RobinsonDEF 14A2026-03-260001071739-26-000077Section “Director Compensation”. As printed: 36,813. Filing ↗machine: t157 · r10 · c1 · span 992227–992233
46Section 08, Sarah M. LondonDEF 14A2026-03-260001071739-26-000077Section “Director Compensation”. As printed: 0. Filing ↗
47Section 02, Frederick H. Eppinger 2026-03-31Form 42026-03-310001071739-26-000087Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Kenneth Y. Tanji 2026-03-31Form 42026-03-310001071739-26-000089Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Theodore R. Samuels 2026-03-31Form 42026-03-310001071739-26-000088Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Christopher J. Coughlin 2026-03-31Form 42026-03-310001071739-26-000086Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Tanya McNally 2026-04-15Form 42026-04-160001071739-26-000091Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Christopher J. Coughlin 2026-05-12Form 42026-05-130001071739-26-000110Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Jessica L. Blume 2026-05-12Form 42026-05-130001071739-26-000108Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Theodore R. Samuels 2026-05-12Form 42026-05-130001071739-26-000114Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Frederick H. Eppinger 2026-05-12Form 42026-05-130001071739-26-000112Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Kenneth A. Burdick 2026-05-12Form 42026-05-130001071739-26-000109Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Kenneth Y. Tanji 2026-05-12Form 42026-05-130001071739-26-000115Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Monte E. Ford 2026-05-12Form 42026-05-130001071739-26-000113Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, H. James Dallas 2026-05-12Form 42026-05-130001071739-26-000111Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Michael A. Carson 2026-05-22Form 42026-05-260001071739-26-000123Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Michael A. Carson 2026-05-29Form 42026-06-020001071739-26-000125Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Kenneth A. Burdick 2026-06-10Form 42026-06-110001071739-26-000127Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Susan Smith 2026-06-15Form 42026-06-150001071739-26-000129Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Lauren M. Tyler 2026-06-30Form 42026-07-010001071739-26-000144Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Frederick H. Eppinger 2026-06-30Form 42026-07-010001071739-26-000141Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Kenneth Y. Tanji 2026-06-30Form 42026-07-010001071739-26-000143Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Christopher J. Coughlin 2026-06-30Form 42026-07-010001071739-26-000140Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Theodore R. Samuels 2026-06-30Form 42026-07-010001071739-26-000142Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Lauren M. Tyler 2026-07-17Form 42026-07-200001071739-26-000146Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Paul J. Diaz 2026-07-28Form 42026-07-280001071739-26-000158Insider equity transaction reported since the proxy statement. Filing ↗
71Section 06, 2026 voteForm 8-K2026-05-150001071739-26-000117Item 5.07 · say-on-pay result. As reported: 91.62% (votes for as printed: 349,896,589). Filing ↗
72Section 06, 2025 voteForm 8-K2025-05-140001071739-25-000094Item 5.07 · say-on-pay result. As reported: 88.84% (votes for as printed: 378,107,602). Filing ↗
73Section 06, 2024 voteForm 8-K2024-05-160001071739-24-000104Item 5.07 · say-on-pay result. As reported: 90.8% (votes for as printed: 433,825,369). Filing ↗
74Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
75Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
76Section 09b board cost (computed)ComputedcomputedCash 1,124,086 + equity 2,866,975 + all other 217,619 = 4,208,680, summed across the director compensation table rows.machine: formula: Σ = 4,208,680
77UnitedHealth Group, Inc., Section 10b CEO totalDEF 14A2026-04-210001104659-26-046125CEO total compensation as printed in UnitedHealth Group, Inc.'s own proxy. As printed: 60,938,062. Filing ↗machine: r1 · c48 · span 1832651–1832661
78HCA Healthcare, Inc., Section 10b CEO totalDEF 14A2026-03-130001193125-26-106142CEO total compensation as printed in HCA Healthcare, Inc.'s own proxy. As printed: 26,456,606. Filing ↗machine: span 784078–784088
79McKesson Corporation, Section 10b CEO totalDEF 14A2026-06-120000927653-26-000169CEO total compensation as printed in McKesson Corporation's own proxy. As printed: 24,213,044. Filing ↗machine: r2 · c21 · span 1260172–1260182
80Cigna Corporation, Section 10b CEO totalDEF 14A2026-03-130001739940-26-000023CEO total compensation as printed in Cigna Corporation's own proxy. As printed: 22,866,134. Filing ↗machine: t303 · r3 · c16 · span 1360729–1360739
81Elevance Health, Inc., Section 10b CEO totalDEF 14A2026-03-270001156039-26-000031CEO total compensation as printed in Elevance Health, Inc.'s own proxy. As printed: 22,582,314. Filing ↗machine: span 1161376–1161386
82MetLife, Inc., Section 10b CEO totalDEF 14A2026-04-290001099219-26-000026CEO total compensation as printed in MetLife, Inc.'s own proxy. As printed: 22,364,273. Filing ↗machine: r2 · c8 · span 3558353–3558363
83CVS Health Corporation, Section 10b CEO totalDEF 14A2026-04-030001308179-26-000201CEO total compensation as printed in CVS Health Corporation's own proxy. As printed: 21,214,084. Filing ↗machine: r1 · c18 · span 969864–969874
84Centene (subject), Section 10b CEO totalDEF 14A2026-03-260001071739-26-000077CEO total compensation as printed in Centene's own proxy. As printed: 19,506,298. Filing ↗machine: r2 · c30 · span 1494721–1494732
85Cardinal Health, Inc., Section 10b CEO totalDEF 14A2025-09-160000721371-25-000114CEO total compensation as printed in Cardinal Health, Inc.'s own proxy. As printed: 18,976,195. Filing ↗machine: r2 · c24 · span 1215211–1215221
86Humana, Inc., Section 10b CEO totalDEF 14A2026-03-060001104659-26-024799CEO total compensation as printed in Humana, Inc.'s own proxy. As printed: 18,757,075. Filing ↗machine: t157 · r1 · c63 · span 1938706–1938716
87Molina Healthcare, Inc., Section 10b CEO totalDEF 14A2026-03-230001179929-26-000014CEO total compensation as printed in Molina Healthcare, Inc.'s own proxy. As printed: 18,340,783. Filing ↗machine: r3 · c21 · span 812138–812148
88Cencora, Section 10b CEO totalDEF 14A2026-01-220001628280-26-003061CEO total compensation as printed in Cencora's own proxy. As printed: 18,256,227. Filing ↗machine: r2 · c18 · span 1212336–1212346
89Prudential Financial, Inc., Section 10b CEO totalDEF 14A2026-03-260001104659-26-035162CEO total compensation as printed in Prudential Financial, Inc.'s own proxy. As printed: 11,408,423. Filing ↗machine: r1 · c47 · span 1578749–1578759
90Walgreens Boots Alliance, Inc., Section 10b CEO totalDEF 14A2024-12-130001558370-24-016214CEO total compensation as printed in Walgreens Boots Alliance, Inc.'s own proxy. As printed: 2,500,000. Filing ↗machine: t333 · r24 · c18 · span 2342384–2342393
91Section 10a, McKesson Corporation reciprocityDEF 14A0000927653-26-000169McKesson Corporation's most recent proxy was read; its disclosed peer group does not include Centene. Filing ↗
92Section 10a, Cencora reciprocityDEF 14A0001628280-26-003061Cencora's most recent proxy was read; its disclosed peer group does not include Centene. Filing ↗
93Section 10a, Cardinal Health, Inc. reciprocityDEF 14A0000721371-25-000114Cardinal Health, Inc.'s most recent proxy was read; its disclosed peer group does not include Centene. Filing ↗
94Section 10a, Prudential Financial, Inc. reciprocityDEF 14A0001104659-26-035162Prudential Financial, Inc.'s most recent proxy was read; its disclosed peer group does not include Centene. Filing ↗
95Section 10a, Molina Healthcare, Inc. reciprocityDEF 14A0001179929-26-000014Molina Healthcare, Inc. names Centene in its own disclosed peer group (read from its most recent proxy). Filing ↗
96Section 10a, UnitedHealth Group, Inc. reciprocityDEF 14A0001104659-26-046125UnitedHealth Group, Inc. names Centene in its own disclosed peer group (read from its most recent proxy). Filing ↗
97Section 10a, HCA Healthcare, Inc. reciprocityDEF 14A0001193125-26-106142HCA Healthcare, Inc. names Centene in its own disclosed peer group (read from its most recent proxy). Filing ↗
98Section 10a, Cigna Corporation reciprocityDEF 14A0001739940-26-000023Cigna Corporation names Centene in its own disclosed peer group (read from its most recent proxy). Filing ↗
99Section 10a, Elevance Health, Inc. reciprocityDEF 14A0001156039-26-000031Elevance Health, Inc. names Centene in its own disclosed peer group (read from its most recent proxy). Filing ↗
100Section 10a, Humana, Inc. reciprocityDEF 14A0001104659-26-024799Humana, Inc. names Centene in its own disclosed peer group (read from its most recent proxy). Filing ↗