Form 4: Hogan Thomas Christopher reports multiple insider transactions in CINF
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hogan Thomas Christopher reported multiple insider transaction types in a Form 4 filing for CINF. The filing lists transactions totaling 3,684 shares at a weighted average price of $163.12 per share. Following the reported transactions, holdings were 17,737 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,595 shares exercised/converted
Mixed
4 txns
Insider
Hogan Thomas Christopher
Role
EVP/CLO & Corp Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,595 | $0.00 | -- |
| Exercise | Common Stock | 1,595 | $0.00 | -- |
| Tax Withholding | Common Stock | 494 | $163.12 | $81K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 17,737.419 shares (Direct);
Common Stock — 1,119 shares (Indirect, By 401(K) Plan)
Footnotes (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. The restricted stock units vest February 12, 2026, as set forth in the agreement, if service requirements are met.
FAQ
What insider transaction did CINF executive Thomas Hogan report?
Thomas Hogan reported exercising 1,595 restricted stock units into Cincinnati Financial common stock. As part of the same event, 494 shares were withheld at $163.12 per share to satisfy tax obligations, a non-open-market disposition typical for equity award vesting.
Did the CINF insider Form 4 show a buy or sell of common stock?
The filing shows an equity award vesting and tax withholding, not an open-market trade. Hogan exercised 1,595 restricted stock units and 494 shares were disposed of at $163.12 solely to cover tax liabilities related to that vesting event.
What does transaction code M mean in the CINF Form 4 filing?
Transaction code M in this Form 4 indicates an exercise or conversion of a derivative security. Here, it reflects the conversion of 1,595 restricted stock units into an equal number of Cincinnati Financial common shares at an exercise price of $0.00 per share.
What does transaction code F represent in this CINF insider filing?
Transaction code F represents shares disposed of to pay taxes or exercise costs. In this case, 494 Cincinnati Financial common shares were withheld at $163.12 per share to satisfy tax liabilities from the restricted stock unit vesting, not as a normal market sale.