Cincinnati Financial EVP exercises options, covers taxes
Cincinnati Financial Corp executive Thomas Christopher Hogan reported routine equity compensation activity.
Rhea-AI Filing Summary
Cincinnati Financial Corp executive Thomas Christopher Hogan reported routine equity compensation activity. On May 7, 2026, he exercised stock options to acquire a total of 1,444 shares of common stock at exercise prices of $70.70 and $71.19 per share. To cover tax obligations, 219 shares were disposed of as a tax-withholding disposition at $160.96 per share, rather than through an open-market sale. Following these transactions, he directly holds 18,706.4185 common shares and indirectly holds 1,137 shares through the company 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,444 shares exercised/converted
Exercise
7 txns
Insider
Hogan Thomas Christopher
Role
EVP/CLO & Corp Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 957 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) | 487 | $0.00 | $0.00 |
| Exercise | Common Stock | 957 | $71.19 | $68K |
| Exercise | Common Stock | 487 | $70.70 | $34K |
| Exercise Price or Tax Liability | Common Stock | 145 | $160.96 | $23K |
| Exercise Price or Tax Liability | Common Stock | 74 | $160.96 | $12K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock — 18,706.4185 shares (Direct);
Common Stock — 1,137 shares (Indirect, By 401(K) Plan)
Footnotes (2)
- F1. 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.
- F2. The option vests in three annual installments beginning on the first anniversary of the date of grant.
Key Figures
Options exercised: 1,444 shares
Tax-withholding shares: 219 shares
Exercise price 1: $70.70/share
+4 more
7 metrics
Options exercised
1,444 shares
Common stock acquired via option exercises on May 7, 2026
Tax-withholding shares
219 shares
Shares delivered for tax obligations at $160.96 per share
Exercise price 1
$70.70/share
487 options exercised into common stock
Exercise price 2
$71.19/share
957 options exercised into common stock
Tax price
$160.96/share
Value used for tax-withholding disposition of 219 shares
Direct holdings after
18,706.4185 shares
Direct common stock position after transactions
401(k) holdings
1,137 shares
Indirect common stock held via company 401(k) plan
Key Terms
tax-withholding disposition, Stock Option (Right to Buy), derivative security, 401(k) plan
4 terms
tax-withholding disposition financial
"219 shares were disposed of as a tax-withholding disposition at $160.96 per share"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) with underlying common stock was exercised"
derivative security financial
"transaction code M indicates exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
401(k) plan financial
"The reported stock was acquired under the company's 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CINF executive Thomas Hogan report on May 7, 2026?
Thomas Hogan reported exercising stock options for 1,444 Cincinnati Financial (CINF) common shares and a related tax-withholding disposition of 219 shares. These actions are part of equity compensation, not open-market buying or selling activity.
Did the CINF insider Form 4 show open-market stock sales or purchases?
The Form 4 shows no open-market buys or sells. Instead, it reports option exercises to acquire shares and tax-withholding dispositions, where shares are delivered to cover tax obligations rather than sold on the open market.
What were the option exercise prices in the CINF insider Form 4 filing?
The Form 4 shows stock options exercised for 487 shares at $70.70 per share and 957 shares at $71.19 per share. Both option exercises converted derivative rights into Cincinnati Financial common stock.
What does tax-withholding disposition mean in the CINF Form 4 filing?
A tax-withholding disposition means shares are surrendered to satisfy tax liabilities arising from option exercises or vesting. In this case, 219 Cincinnati Financial shares were delivered at $160.96 per share to cover tax obligations, rather than being sold in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
