What the executives and directors of Cencora actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| Walgreens Boots Alliance, Inc. | 10% owner | 18.9M | — | — |
| Walgreens Boots Alliance Holdings LLC | 10% owner | 18.9M | — | — |
| COLLIS STEVEN H Executive Chairman | Officer | 337.3K | — | $13.3M |
| Cleary James F Chief Financial Officer | CFO | 165.8K | — | — |
| Mauch Robert P. President & CEO | CEO | 69.2K | — | $11.9M |
| DURCAN DERMOT MARK | Director | 31.8K | $2.2M | — |
| Campbell Elizabeth S Executive Vice President | Officer | 30.8K | — | $1.7M |
| GOCHNAUER RICHARD W | Director | 28.8K | — | — |
| HYLE KATHLEEN W | Director | 24.4K | — | — |
| Battaglia Silvana Executive Vice President | Officer | 23.6K | — | $579K |
| GREENBERG LON R | Director | 18.4K | — | — |
| Krikorian Lazarus SVP & Chief Accounting Officer | Officer | 17.2K | — | $1.4M |
| Clark Gina Executive Vice President | Officer | 13.3K | — | — |
| NALLY DENNIS M | Director | 13.2K | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-22 | Tyler Lauren M (Director) | Open-market buy | 550 | $270.23 | $149K |
| 2026-06-18 | DURCAN DERMOT MARK (Director) | Open-market buy | 4,000 | $274.19 | $1.1M |
| 2026-05-28 | DURCAN DERMOT MARK (Director) | Open-market buy | 4,000 | $266.26 | $1.1M |
| 2026-02-20 | Mauch Robert P. (CEO) | Planned sale (10b5-1) | 3,762 | $358.94 | $1.4M |
| 2026-02-18 | Mauch Robert P. (CEO) | Planned sale (10b5-1) | 1,333 | $359.46 | $479K |
| 2026-01-20 | Mauch Robert P. (CEO) | Planned sale (10b5-1) | 5,096 | $354.73 | $1.8M |
| 2025-12-19 | Battaglia Silvana (Officer) | Discretionary sale | 1,677 | $345.00 | $579K |
| 2025-12-19 | Campbell Elizabeth S (Officer) | Discretionary sale | 3,351 | $342.10 | $1.1M |
| 2025-12-18 | Mauch Robert P. (CEO) | Planned sale (10b5-1) | 5,096 | $343.45 | $1.8M |
| 2025-12-17 | Krikorian Lazarus (Officer) | Discretionary sale | 4,031 | $343.24 | $1.4M |
| 2025-11-18 | Mauch Robert P. (CEO) | Planned sale (10b5-1) | 5,096 | $366.64 | $1.9M |
| 2025-10-20 | Mauch Robert P. (CEO) | Planned sale (10b5-1) | 5,097 | $326.80 | $1.7M |
| 2025-10-01 | Campbell Elizabeth S (Officer) | Planned sale (10b5-1) | 1,886 | $313.28 | $591K |
| 2025-09-18 | Mauch Robert P. (CEO) | Planned sale (10b5-1) | 5,097 | $290.00 | $1.5M |
| 2025-09-16 | COLLIS STEVEN H (Officer) | Planned sale (10b5-1) | 31.4K | $289.86 | $9.1M |
| 2025-08-19 | COLLIS STEVEN H (Officer) | Planned sale (10b5-1) | 14.6K | $289.98 | $4.2M |
| 2025-08-18 | Mauch Robert P. (CEO) | Planned sale (10b5-1) | 4,968 | $293.53 | $1.5M |
| 2025-07-22 | COLLIS STEVEN H (Officer) | Planned sale (10b5-1) | 14.6K | $292.67 | $4.3M |
| 2025-07-18 | Mauch Robert P. (CEO) | Planned sale (10b5-1) | 4,968 | $294.11 | $1.5M |
| 2025-06-24 | COLLIS STEVEN H (Officer) | Planned sale (10b5-1) | 14.6K | $292.62 | $4.3M |
| 2025-06-18 | Mauch Robert P. (CEO) | Planned sale (10b5-1) | 4,969 | $295.30 | $1.5M |
| 2025-06-18 | Battaglia Silvana (Officer) | Discretionary sale | 4,077 | $297.41 | $1.2M |
| 2025-05-29 | Krikorian Lazarus (Officer) | Discretionary sale | 8 | $289.06 | $2K |
| 2025-05-29 | Krikorian Lazarus (Officer) | Discretionary sale | 2,992 | $288.96 | $865K |
| 2025-05-20 | COLLIS STEVEN H (Officer) | Planned sale (10b5-1) | 14.6K | $293.84 | $4.3M |
| 2025-05-19 | Mauch Robert P. (CEO) | Planned sale (10b5-1) | 4,969 | $291.43 | $1.4M |
| 2025-05-14 | GREENBERG LON R (Director) | Discretionary sale | 3,000 | $279.05 | $837K |
| 2025-04-22 | COLLIS STEVEN H (Officer) | Planned sale (10b5-1) | 14.6K | $281.81 | $4.1M |
| 2025-04-21 | Mauch Robert P. (CEO) | Planned sale (10b5-1) | 4,969 | $289.33 | $1.4M |
| 2025-03-25 | COLLIS STEVEN H (Officer) | Planned sale (10b5-1) | 2,000 | $269.51 | $539K |
| 2025-03-25 | COLLIS STEVEN H (Officer) | Planned sale (10b5-1) | 12.6K | $269.51 | $3.4M |
| 2025-03-24 | Campbell Elizabeth S (Officer) | Planned sale (10b5-1) | 2,000 | $268.28 | $537K |
| 2025-03-24 | Campbell Elizabeth S (Officer) | Planned sale (10b5-1) | 2,127 | $268.28 | $571K |
| 2025-03-18 | Mauch Robert P. (CEO) | Planned sale (10b5-1) | 1,744 | $260.93 | $455K |
| 2025-03-18 | Mauch Robert P. (CEO) | Planned sale (10b5-1) | 3,226 | $260.93 | $842K |
| 2025-03-10 | Krikorian Lazarus (Officer) | Discretionary sale | 2,000 | $260.06 | $520K |
| 2025-03-03 | Mauch Robert P. (CEO) | Planned sale (10b5-1) | 1,744 | $255.00 | $445K |
| 2025-03-03 | Mauch Robert P. (CEO) | Planned sale (10b5-1) | 3,226 | $255.00 | $823K |
| 2025-02-27 | COLLIS STEVEN H (Officer) | Planned sale (10b5-1) | 2,000 | $251.08 | $502K |
| 2025-02-27 | COLLIS STEVEN H (Officer) | Planned sale (10b5-1) | 12.6K | $251.08 | $3.2M |
| 2025-02-21 | Battaglia Silvana (Officer) | Discretionary sale | 5,000 | $242.24 | $1.2M |
| 2025-02-06 | Walgreens Boots Alliance, Inc. (10% owner) | Discretionary sale | 204.5K | $244.51 | $50M |
| 2025-02-06 | Walgreens Boots Alliance, Inc. (10% owner) | Discretionary sale | 1.1M | $244.51 | $264.5M |
| 2024-12-20 | Battaglia Silvana (Officer) | Discretionary sale | 1,678 | $228.72 | $384K |
| 2024-12-03 | Krikorian Lazarus (Officer) | Discretionary sale | 1,816 | $250.42 | $455K |
| 2024-11-25 | COLLIS STEVEN H (Officer) | Discretionary sale | 50K | $243.98 | $12.2M |
| 2024-11-19 | COLLIS STEVEN H (Officer) | Planned sale (10b5-1) | 21.5K | $242.16 | $5.2M |
| 2024-10-22 | COLLIS STEVEN H (Officer) | Discretionary sale | 21.5K | $235.80 | $5.1M |
| 2024-09-17 | COLLIS STEVEN H (CEO) | Planned sale (10b5-1) | 21.5K | $241.01 | $5.2M |
| 2024-08-20 | COLLIS STEVEN H (CEO) | Planned sale (10b5-1) | 10.8K | $239.13 | $2.6M |
| 2024-08-06 | Battaglia Silvana (Officer) | Discretionary sale | 1,473 | $242.69 | $357K |
| 2024-08-01 | Walgreens Boots Alliance, Inc. (10% owner) | Discretionary sale | 4.4M | $240.56 | $1.1B |
| 2024-07-16 | COLLIS STEVEN H (CEO) | Planned sale (10b5-1) | 10.8K | $222.12 | $2.4M |
| 2024-06-18 | COLLIS STEVEN H (CEO) | Planned sale (10b5-1) | 10.8K | $235.76 | $2.5M |
| 2024-05-31 | Clark Gina (Officer) | Discretionary sale | 1,874 | $223.86 | $420K |
| 2024-05-29 | Clark Gina (Officer) | Planned sale (10b5-1) | 27.1K | $216.07 | $5.9M |
| 2024-05-24 | DURCAN DERMOT MARK (Director) | Open-market buy | 500 | $218.58 | $109K |
| 2024-05-22 | Walgreens Boots Alliance, Inc. (10% owner) | Discretionary sale | 1.9M | $215.12 | $400M |
| 2024-05-21 | COLLIS STEVEN H (CEO) | Planned sale (10b5-1) | 10.8K | $221.30 | $2.4M |
| 2024-04-16 | COLLIS STEVEN H (CEO) | Discretionary sale | 10.8K | $237.48 | $2.6M |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.