Cincinnati Financial (CINF) exec nets shares after equity awards vest
Rhea-AI Filing Summary
Cincinnati Financial Corp senior vice president and subsidiary COO Roger A. Brown reported equity award activity involving performance and restricted stock units. On March 2, 2026, he exercised and converted awards into a total of 5,935 shares of common stock at no cash exercise price. To cover tax obligations, he disposed of 1,788 common shares through tax-withholding transactions at $163.43 per share, rather than open-market sales, leaving him with 62,098 common shares held directly. He also reports 14,753.446 common shares held indirectly by his children. Footnotes note that performance goals for certain units were achieved at the maximum level and that various restricted stock unit grants vested on March 1, 2026 under multi‑year service-based schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 5,052 | $0.00 | -- |
| Exercise | Restricted Stock Units | 275 | $0.00 | -- |
| Exercise | Restricted Stock Units | 327 | $0.00 | -- |
| Exercise | Restricted Stock Units | 281 | $0.00 | -- |
| Exercise | Common Stock | 327 | $0.00 | -- |
| Exercise | Common Stock | 275 | $0.00 | -- |
| Exercise | Common Stock | 5,052 | $0.00 | -- |
| Exercise | Common Stock | 281 | $0.00 | -- |
| Tax Withholding | Common Stock | 120 | $163.43 | $20K |
| Tax Withholding | Common Stock | 81 | $163.43 | $13K |
| Tax Withholding | Common Stock | 142 | $163.43 | $23K |
| Tax Withholding | Common Stock | 1,445 | $163.43 | $236K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The restricted stock units became payable March 1, 2026. The performance goals were met at maximum level. The restricted stock units vested March 1, 2026, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2028. The restricted stock units vested March 1, 2026, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2027. The restricted stock units vested March 1, 2026, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2026.