Cincinnati Financial (CINF) EVP awarded PSUs, RSUs and options in equity grant

Rhea-AI Filing Summary

Van Den Heuvel Will H reported acquisition or exercise transactions in this Form 4 filing.

Cincinnati Financial Corp executive Will H. Van Den Heuvel reported equity compensation grants. On February 25, 2026, he received 7,506 Performance Stock Units, 1,001 Restricted Stock Units, and options for 11,610 shares of common stock, all at a price of $0.00 per unit or option.

The performance stock units may vest on March 1, 2029 if performance goals are met, and the 1,001 restricted stock units vest in three annual installments on March 1 if service requirements are met. The stock options vest in three annual installments beginning one year after the grant date. Following these awards, he reported ownership of 33,055 shares of common stock directly and 3,036 shares held indirectly through the company 401(k) plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Van Den Heuvel Will H

(Last) (First) (Middle)

6200 SOUTH GILMORE RD

(Street)

FAIRFIELD OH 45014

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CINCINNATI FINANCIAL CORP [ CINF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Exec Vice President - Sub

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								33,055	D
Common Stock								3,036(1)	I	By 401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Units	$0.00	02/25/2026		A		7,506		(2)	(2)	Common Stock	7,506	$0.00	7,506	D
Restricted Stock Units	$0.00	02/25/2026		A		1,001		(3)	(3)	Common Stock	1,001	$0.00	1,001	D
Stock Option (Right to Buy)	$162.22	02/25/2026		A		11,610		02/25/2027(4)	02/25/2036(4)	Common Stock	11,610	$0.00	11,610	D

Explanation of Responses:

1. 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.

2. The restricted stock units vest March 1, 2029 , as set forth in the grant agreement, if performance goals are met. The number of restricted stock units shown is the maximum number of such units that may vest.

3. The restricted stock units vest in three annual installments on March 1, as set forth in the grant agreement, if service requirements are met.

4. The option vests in three annual installments beginning on the first anniversary of the date of grant.

Remarks:

	/s/ Will H. Van Den Heuvel	02/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What equity awards did CINF executive Will H. Van Den Heuvel receive?

He received 7,506 Performance Stock Units, 1,001 Restricted Stock Units, and stock options for 11,610 shares on February 25, 2026. These are compensation awards with a grant price of $0.00 per unit or option, subject to vesting and performance or service conditions.

How do the CINF performance stock units granted to Van Den Heuvel vest?

The 7,506 Performance Stock Units may vest on March 1, 2029 if specified performance goals are met. The filing notes this is the maximum number of units that may vest, with actual vesting depending on the company’s performance under the grant agreement.

What are the vesting terms for the restricted stock units reported by CINF?

The 1,001 Restricted Stock Units vest in three annual installments on March 1, according to the grant agreement. Vesting requires that service requirements be met, meaning the executive generally must remain employed through each applicable vesting date to receive the shares.

How do the stock options granted to the CINF executive vest over time?

The option to buy 11,610 shares of Cincinnati Financial common stock vests in three annual installments. Vesting begins on the first anniversary of the grant date, so one-third typically becomes exercisable each year, subject to continued service or other conditions in the grant agreement.

What common stock holdings did Van Den Heuvel report in the CINF Form 4?

He reported 33,055 shares of Cincinnati Financial common stock held directly and 3,036 shares held indirectly through the company’s 401(k) plan. The 401(k) footnote explains the stock was acquired under the plan and can be shifted into other investment options within that plan.

How is the CINF 401(k) plan stock treated in this insider report?

Shares in the 401(k) plan, totaling 3,036 common shares, are reported as indirectly owned. A footnote states the stock was acquired under the company’s 401(k) plan and the executive may transfer its value into alternative investment selections within the plan.