Cincinnati Financial (CINF) EVP Teresa Cracas granted stock units and options

Rhea-AI Filing Summary

Cracas Teresa C reported acquisition or exercise transactions in this Form 4 filing.

Cincinnati Financial Corp executive Teresa C. Cracas received new equity awards in the form of performance stock units, restricted stock units, and stock options. On the reported date, she was granted 8,160 performance stock units, 1,088 restricted stock units, and 12,623 stock options.

According to the award terms, the performance stock units vest on March 1, 2029 if performance goals are met, and the restricted stock units vest in three annual installments on March 1 if service requirements are met. The stock option vests in three annual installments beginning on the first anniversary of the grant date. Following these awards, she also directly held 43,588.704 shares of common stock and indirectly held 1,883.193 shares through her spouse.

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^*

Cracas Teresa C

(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)
	EVP, Chief Risk Off. - 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								43,588.704	D
Common Stock								1,883.193	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	02/25/2026		A		8,160		(1)	(1)	Common Stock	8,160	$0.00	8,160	D
Restricted Stock Units	$0.00	02/25/2026		A		1,088		(2)	(2)	Common Stock	1,088	$0.00	1,088	D
Stock Option (Right to Buy)	$162.22	02/25/2026		A		12,623		02/25/2027(3)	02/25/2036(3)	Common Stock	12,623	$0.00	12,623	D

Explanation of Responses:

1. 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.

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

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

Remarks:

	/s/ Teresa C Cracas	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 Teresa C. Cracas receive in this Form 4?

Teresa C. Cracas received grants of 8,160 performance stock units, 1,088 restricted stock units, and 12,623 stock options. These awards are part of her equity compensation and are subject to performance or service-based vesting conditions detailed in the grant agreements.

When do Teresa C. Cracas’s Cincinnati Financial (CINF) performance stock units vest?

The performance stock units vest on March 1, 2029 if specified performance goals are met. The number of 8,160 units shown is the maximum that may vest, meaning actual vesting could be lower if those performance criteria are not fully achieved.

How do the restricted stock units granted to the CINF executive vest?

The 1,088 restricted stock units vest in three annual installments on March 1, as outlined in the grant agreement, if service requirements are met. Continued employment over that three-year period is required for full vesting of these time-based awards.

What are the vesting terms of the stock options granted to Teresa C. Cracas at CINF?

The 12,623 stock options vest in three annual installments beginning on the first anniversary of the grant date. This schedule spreads vesting over three years, encouraging longer-term alignment between the executive and Cincinnati Financial shareholders.

How many Cincinnati Financial (CINF) common shares does Teresa C. Cracas hold after these awards?

After the reported transactions, she directly held 43,588.704 shares of common stock and indirectly held 1,883.193 shares through her spouse. These holdings are separate from the new unvested performance units, restricted stock units, and stock options reported.