Cincinnati Financial (CINF) COO receives performance units, RSUs and options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cincinnati Financial Corp senior vice president and subsidiary COO Roger A. Brown reported equity awards on common stock. He acquired 4,330 Performance Stock Units that may vest on March 1, 2029 if performance goals are met, 722 Restricted Stock Units that vest in three annual installments each March 1 if service conditions are met, and stock options for 6,697 shares that vest in three annual installments beginning on the first anniversary of grant. Following these awards, he holds 57,951 common shares directly and 14,753.446 shares indirectly through his children.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Brown Roger A
Role
Sr VP, COO - Subsidiary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 4,330 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 722 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 6,697 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units — 4,330 shares (Direct);
Restricted Stock Units — 722 shares (Direct);
Stock Option (Right to Buy) — 6,697 shares (Direct);
Common Stock — 57,951 shares (Direct);
Common Stock — 14,753.446 shares (Indirect, By Children)
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.
FAQ
What insider transaction did CINF executive Roger A. Brown report?
Roger A. Brown reported equity incentive awards in Cincinnati Financial stock, not open-market trades. He received Performance Stock Units, Restricted Stock Units, and stock options, reflecting compensation tied to future performance and continued service requirements.
How many Performance Stock Units did CINF grant to Roger A. Brown?
Roger A. Brown was granted 4,330 Performance Stock Units in Cincinnati Financial. These units may vest on March 1, 2029 if specified performance goals are achieved, and the disclosed amount represents the maximum number that could ultimately vest.
What are the vesting terms of Roger A. Brown’s CINF Restricted Stock Units?
The Restricted Stock Units granted to Roger A. Brown vest in three annual installments on March 1. Vesting occurs only if the service requirements in the grant agreement are satisfied, aligning the award with his continued employment over multiple years.
What stock options did Cincinnati Financial grant to Roger A. Brown?
Cincinnati Financial granted Roger A. Brown options for 6,697 shares of common stock. These options vest in three equal annual installments, beginning on the first anniversary of the grant date, rewarding longer-term service and potential future share price appreciation.