Cincinnati Financial (CINF) EVP reports stock unit exercises and tax share transfers
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cincinnati Financial EVP and Chief Investment Officer Steven Anthony Soloria reported multiple equity award transactions. On March 2, 2026, he exercised 7,168 Performance Stock Units and several Restricted Stock Units at $0.00 per share, receiving common stock. Separate entries show common shares delivered at $163.43 per share to satisfy tax withholding obligations, reducing his directly held shares accordingly. The filing also notes an indirect holding of 175 common shares reported as owned by his children.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,299 shares exercised/converted
Mixed
13 txns
Insider
Soloria Steven Anthony
Role
EVP, Chief Investment Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 7,168 | $0.00 | -- |
| Exercise | Restricted Stock Units | 319 | $0.00 | -- |
| Exercise | Restricted Stock Units | 428 | $0.00 | -- |
| Exercise | Restricted Stock Units | 384 | $0.00 | -- |
| Exercise | Common Stock | 7,168 | $0.00 | -- |
| Exercise | Common Stock | 384 | $0.00 | -- |
| Exercise | Common Stock | 428 | $0.00 | -- |
| Exercise | Common Stock | 319 | $0.00 | -- |
| Tax Withholding | Common Stock | 139 | $163.43 | $23K |
| Tax Withholding | Common Stock | 168 | $163.43 | $27K |
| Tax Withholding | Common Stock | 187 | $163.43 | $31K |
| Tax Withholding | Common Stock | 2,412 | $163.43 | $394K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units — 0 shares (Direct);
Restricted Stock Units — 0 shares (Direct);
Common Stock — 21,896 shares (Direct);
Common Stock — 175 shares (Indirect, By Children)
Footnotes (1)
- The restricted stock units became payable March 1, 2026. The performance goals were met at maximum level. 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. 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. 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.
FAQ
What insider transactions did Cincinnati Financial (CINF) report for Steven Anthony Soloria?
Cincinnati Financial reported that EVP and Chief Investment Officer Steven Anthony Soloria exercised stock-based awards into common shares and had some shares withheld to cover taxes. The activity involved Performance Stock Units, Restricted Stock Units, and related common stock entries on March 2, 2026.
How many Performance Stock Units did the CINF executive convert to common stock?
The executive converted 7,168 Performance Stock Units into common stock at a stated price of $0.00 per share. These units became payable after performance goals were met at the maximum level, reflecting full achievement of the relevant performance criteria under the company’s plan.
What do the footnotes reveal about CINF’s Restricted Stock Units in this filing?
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, and 2028. This clarifies that the vesting and conversions followed previously established award schedules.