Cincinnati Financial (CINF) senior vice president exercises and settles stock units

Rhea-AI Filing Summary

Senior vice president Angela Ossello Delaney reported multiple equity award transactions for Cincinnati Financial Corp. On March 2, 2026, she exercised performance stock units and restricted stock units at $163.4300 per share equivalent, converting them into common stock and triggering related tax-withholding dispositions. After these transactions, she directly held 18,470 shares of common stock and had an additional 1,316 shares held indirectly by her spouse. Footnotes state the restricted stock units vested on March 1, 2026, with performance goals met at the maximum level and service vesting schedules running through March 1, 2028.

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^*

Delaney Angela Ossello

(Last) (First) (Middle)

6200 S. 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)
	Senior Vice President- Sub

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		M		422	A	$0.00	14,286	D
Common Stock	03/02/2026		M		362	A	$0.00	14,648	D
Common Stock	03/02/2026		M		6,522	A	$0.00	21,170	D
Common Stock	03/02/2026		M		355	A	$0.00	21,525	D
Common Stock	03/02/2026		F		155	D	$163.43	21,370	D
Common Stock	03/02/2026		F		184	D	$163.43	21,186	D
Common Stock	03/02/2026		F		158	D	$163.43	21,028	D
Common Stock	03/02/2026		F		2,558	D	$163.43	18,470	D
Common Stock								1,316	I	By Spouse

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	03/02/2026		M			6,522	(1)	(1)	Common Stock	6,522	$0.00	0.00	D
Restricted Stock Units	$0.00	03/02/2026		M			355	(2)	(2)	Common Stock	355	$0.00	711	D
Restricted Stock Units	$0.00	03/02/2026		M			422	(3)	(3)	Common Stock	422	$0.00	421	D
Restricted Stock Units	$0.00	03/02/2026		M			362	(4)	(4)	Common Stock	362	$0.00	0.00	D

Explanation of Responses:

1. The restricted stock units became payable March 1, 2026. The performance goals were met at maximum level.

2. 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.

3. 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.

4. 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.

Remarks:

	/s/ Angela O Delaney	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transactions did Angela Ossello Delaney report at Cincinnati Financial (CINF)?

Angela Ossello Delaney reported exercising performance stock units and restricted stock units, which converted into Cincinnati Financial common stock. The filing also shows related tax-withholding share dispositions and updated direct and indirect share holdings after these equity award events.

How many Cincinnati Financial (CINF) shares does Angela Ossello Delaney hold after the Form 4?

After the reported transactions, Angela Ossello Delaney directly holds 18,470 shares of Cincinnati Financial common stock. The filing also shows an additional 1,316 shares held indirectly by her spouse, reflecting combined economic exposure through direct and indirect ownership.

Were the Cincinnati Financial (CINF) performance targets for Angela Delaney’s awards achieved?

Yes. The Form 4 footnotes state that the performance stock unit goals were met at the maximum level. As a result, the units became payable and were converted into common stock following vesting, increasing Angela Delaney’s direct share ownership in Cincinnati Financial.

What does the transaction code M mean in the Cincinnati Financial (CINF) Form 4?

Transaction code M indicates an exercise or conversion of a derivative security, such as stock units converting into common shares. In this filing, it reflects performance stock units and restricted stock units turning into Cincinnati Financial common stock without an open-market purchase.

Why were some Cincinnati Financial (CINF) shares disposed of under code F in the Form 4?

Code F records shares delivered to cover exercise price or tax withholding obligations. In Angela Delaney’s filing, several common stock transactions at $163.4300 per share represent tax-withholding dispositions tied to the vesting and conversion of her stock unit awards.

How do vesting schedules affect Angela Delaney’s Cincinnati Financial (CINF) stock units?

Footnotes explain that restricted stock units vested on March 1, 2026, under grant agreements providing ratable vesting over three-year service periods ending March 1 of 2026, 2027, or 2028. This vesting triggered conversion of units into Cincinnati Financial common stock.