Cincinnati Financial (CINF) EVP nets shares after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cincinnati Financial Corp executive Thomas Christopher Hogan reported equity award activity. On March 2, 2026, he exercised 333 restricted stock units, receiving 333 shares of common stock at no cost as the units vested under a three-year grant ending March 1, 2028.
To cover tax obligations related to the vesting, 95 common shares were disposed of at $163.43 per share through tax withholding rather than an open-market sale. Following these transactions, he directly held 17,481.4185 common shares and indirectly held 1,121 shares through the company 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
333 shares exercised/converted
Mixed
4 txns
Insider
Hogan Thomas Christopher
Role
EVP/CLO & Corp Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 333 | $0.00 | -- |
| Exercise | Common Stock | 333 | $0.00 | -- |
| Tax Withholding | Common Stock | 95 | $163.43 | $16K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 667 shares (Direct);
Common Stock — 17,576.419 shares (Direct);
Common Stock — 1,121 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 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 CINF executive Thomas Christopher Hogan report?
Thomas Christopher Hogan reported exercising 333 restricted stock units into common stock and a related tax-withholding disposition of 95 common shares at $163.43 per share. These transactions reflect equity award vesting rather than open-market buying or selling activity.
What triggered the restricted stock unit activity for CINF on March 2, 2026?
The activity was triggered by the vesting of restricted stock units that vested March 1, 2026, under a grant agreement providing ratable vesting over a three-year service period ending March 1, 2028. The vesting converted 333 RSUs into an equal number of common shares.
How are Hogan’s indirect Cincinnati Financial (CINF) holdings structured?
His indirect holdings consist of shares acquired under the company’s 401(k) plan. The filing notes he may transfer the value of these 401(k) shares into other investment selections available within the plan, but they remain part of his retirement account holdings.