Cincinnati Financial Corp (CINF) insider reports equity award exercises
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CINCINNATI FINANCIAL CORP senior vice president Marc Jon Schambow reported equity award activity. On March 2, 2026, he exercised performance and restricted stock units into 8,398 shares of common stock at $0.00 per share and delivered 3,050 shares at $163.43 per share to cover tax liabilities. After these derivative exercises and tax-withholding dispositions, he directly owned 29,692.231 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,398 shares exercised/converted
Mixed
12 txns
Insider
SCHAMBOW MARC JON
Role
SrVP/Chief Claims Officer-Sub
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 7,334 | $0.00 | -- |
| Exercise | Restricted Stock Units | 326 | $0.00 | -- |
| Exercise | Restricted Stock Units | 400 | $0.00 | -- |
| Exercise | Restricted Stock Units | 338 | $0.00 | -- |
| Exercise | Common Stock | 338 | $0.00 | -- |
| Exercise | Common Stock | 326 | $0.00 | -- |
| Exercise | Common Stock | 7,334 | $0.00 | -- |
| Exercise | Common Stock | 400 | $0.00 | -- |
| Tax Withholding | Common Stock | 147 | $163.43 | $24K |
| Tax Withholding | Common Stock | 142 | $163.43 | $23K |
| Tax Withholding | Common Stock | 175 | $163.43 | $29K |
| Tax Withholding | Common Stock | 2,586 | $163.43 | $423K |
Holdings After Transaction:
Performance Stock Units — 0 shares (Direct);
Restricted Stock Units — 0 shares (Direct);
Common Stock — 24,682.231 shares (Direct)
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, 2026. 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, 2028.
FAQ
What insider activity did CINF executive Marc Jon Schambow report?
Marc Jon Schambow reported exercising equity awards into common stock and delivering shares for taxes. He converted performance and restricted stock units into 8,398 common shares and used 3,050 shares, valued at $163.43 each, to satisfy tax withholding obligations.
What type of equity awards were involved in the CINF Form 4 filing?
The filing shows exercises of performance stock units and restricted stock units that had vested. These derivative awards converted into 8,398 common shares. Footnotes state performance goals were met at the maximum level and restricted units vested over specified three-year service periods.