Cincinnati Financial (CINF) SVP reports RSU exercise and tax share withholding

Rhea-AI Filing Summary

Cincinnati Financial senior vice president Dawn Shannon reported insider equity transactions tied to vesting awards. She exercised 250 restricted stock units into 250 shares of common stock at a stated price of $0.0000 per share and, in a related move, 72 shares of common stock were withheld at $163.43 per share to cover tax obligations. After these transactions, she directly held 4,685.45 shares of common stock and 501 restricted stock units, with additional indirect holdings through a 401(k) plan and shares held by her children. The footnotes explain that the restricted stock units vested on March 1, 2026 under a grant agreement providing for ratable vesting over a three-year service period ending March 1, 2028, and that some shares were acquired under the company’s 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

OMB APPROVAL

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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^*

Chapel Dawn Shannon

(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)
	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		250	A	$0.00	4,757.45	D
Common Stock	03/02/2026		F		72	D	$163.43	4,685.45	D
Common Stock								281(1)	I	By 401(k) Plan
Common Stock								1	I	By Children

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
Restricted Stock Units	$0.00	03/02/2026		M			250	(2)	(2)	Common Stock	250	$0.00	501	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 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.

Remarks:

	/s/ Dawn Shannon Chapel	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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Dawn Shannon report at Cincinnati Financial (CINF)?

Dawn Shannon reported exercising 250 restricted stock units into 250 common shares and a related tax-withholding disposition of 72 common shares. These transactions are part of her equity compensation and do not represent an open-market stock purchase or sale.

How many Cincinnati Financial (CINF) shares does Dawn Shannon hold after the Form 4?

After the reported transactions, Dawn Shannon directly holds 4,685.45 shares of Cincinnati Financial common stock and 501 restricted stock units, with additional indirect holdings through a company 401(k) plan and shares held by her children, reflecting her ongoing equity stake.

What was the nature of the 72-share disposition reported by Dawn Shannon at CINF?

The 72-share disposition was a tax-withholding transaction at $163.43 per share, used to satisfy tax obligations arising from the vesting or exercise of equity awards, rather than a discretionary open-market sale of Cincinnati Financial common stock.

How do the restricted stock units for Dawn Shannon at Cincinnati Financial vest?

The restricted stock units vested on March 1, 2026 under a grant agreement providing for ratable vesting over a three-year service period ending March 1, 2028, meaning portions of the award become earned each year over that period.

What does the Form 4 reveal about Dawn Shannon’s 401(k) holdings in Cincinnati Financial (CINF)?

The filing states that some reported stock was acquired under the company’s 401(k) plan, and she may transfer the value of those shares into alternative investment options available within the plan, indicating indirect retirement-plan ownership of Cincinnati Financial stock.