Cincinnati Financial (CINF) CFO gets equity awards and gifts shares
Rhea-AI Filing Summary
Cincinnati Financial executive Michael J. Sewell, CFO, EVP & Treasurer, reported several equity compensation awards and a charitable-style transfer. On February 25, 2026, he was granted 12,852 Performance Stock Units, 1,714 Restricted Stock Units, and 19,880 stock options, all held directly.
The performance stock units can vest on March 1, 2029 if performance goals are met, and this represents the maximum number that may vest. The restricted stock units vest in three annual installments on March 1 if service requirements are met, and the options vest in three annual installments starting one year after grant.
On the same date, Sewell made a bona fide gift of 1,076 shares of common stock, leaving him with 101,629 common shares held directly afterward. He also reported 14,393 phantom stock shares in the company’s Top Hat Savings Plan, to be settled upon retirement or other termination of service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 12,852 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,714 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 19,880 | $0.00 | -- |
| Gift | Common Stock | 1,076 | $0.00 | -- |
| holding | Phantom Stock Shares | -- | -- | -- |
Footnotes (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. The restricted stock units vest in three annual installments on March 1, as set forth in the grant agreement, if service requirements are met. The option vests in three annual installments beginning on the first anniversary of the date of grant. The reported phantom stock shares were acquired under the company's Top Hat Savings Plan, an "Excess Benefits Plan" within the meaning of Rule 16b-3(b)(2), and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock shares into an alternative investment selection within the plan.