Cincinnati Financial (CINF) SVP Luyang Fu details stock, options and phantom units in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Cincinnati Financial Corporation executive Luyang Fu, Senior Vice President-Sub, filed an initial ownership report showing existing holdings in the company’s common stock and equity awards. This Form 3 does not record new purchases or sales, but lists what Fu already beneficially owns or controls.
Fu directly holds 9,597.333 shares of common stock and indirectly holds 956.56 shares through the company’s 401(k) plan, where the value can be shifted among investment options. Fu also holds multiple stock option grants covering several hundred shares each at exercise prices between $71.19 and $137.56, along with restricted stock units totaling 1,165 shares that vest between February 2026 and February 2028 if service conditions are met. In addition, Fu owns 2,299.32 phantom stock shares under the Top Hat Savings “Excess Benefits” Plan, to be settled after retirement or other termination of service.
Positive
- None.
Negative
- None.
Insider Trade Summary
14 transactions reported
Mixed
14 txns
Insider
Fu Luyang
Role
Senior Vice President-Sub
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to buy) — 957 shares (Direct);
Restricted Stock Units — 313 shares (Direct);
Phantom Stock — 2,299.32 shares (Direct);
Common Stock — 9,597.333 shares (Direct);
Common Stock — 956.56 shares (Indirect, By 401(K) Plan)
Footnotes (1)
- The reporting person is enrolled in quarterly dividend reinvestment. The beneficially owned shares have been adjusted to reflect shares purchased through the reinvestment plan. The reported stock was acquired under the company's 401(k) plan. The reporting person may transfer the value of his shares into an alternative investment selection within the plan. The option vests in three annual installments beginning on the first anniversary of the date of grant. The restricted stock units vest February 12, 2026, as set forth in the agreement, if service requirements are met. The restricted stock units vest February 22, 2027, as set forth in the agreement, if service requirements are met. The restricted stock units vest February 22, 2028, as set forth in the agreement, if service requirements are met. The reported phantom stock shares were acquired under the company's Top Hat Savings Plan, an "Excess Benefits Plan" within the meaning of Rule 16b-3(b)(2), and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock shares into an alternative investment selection within the plan.
FAQ
What does the CINF Form 3 filing report for Luyang Fu?
The Form 3 shows existing ownership by Senior Vice President-Sub Luyang Fu in Cincinnati Financial common stock, stock options, restricted stock units, and phantom stock. It is an initial ownership statement, not a record of new share purchases or sales.
What stock options in CINF does Luyang Fu report on Form 3?
Fu reports several stock options (right to buy) grants, each covering between 449 and 957 shares of Cincinnati Financial common stock, with exercise prices from $71.19 to $137.56. These options vest in three annual installments beginning on each respective grant’s first anniversary.
What restricted stock units does Luyang Fu hold in Cincinnati Financial (CINF)?
Fu holds restricted stock units covering 313, 487, and 365 shares of Cincinnati Financial common stock. These units are scheduled to vest on February 12, 2026, February 22, 2027, and February 22, 2028, respectively, if the specified service requirements are satisfied.
What is the phantom stock reported by Luyang Fu in the CINF filing?
Fu reports 2,299.32 phantom stock shares acquired under Cincinnati Financial’s Top Hat Savings Plan, an Excess Benefits Plan. These units track the value of common stock and are to be settled after retirement or other termination of service, with flexibility to reallocate among plan investments.
How are Luyang Fu’s 401(k) holdings in CINF stock treated?
The Form 3 shows 956.56 common shares held indirectly in the company’s 401(k) plan. These shares were acquired under the plan, and Fu may transfer their value into alternative investment options offered within the 401(k) plan structure.