Executive at Cincinnati Financial (CINF) exercises RSUs and withholds shares for taxes

Rhea-AI Filing Summary

Cincinnati Financial senior vice president Dawn Shannon Chapel reported routine equity compensation activity involving company stock. On February 12, 2026, 252 restricted stock units were exercised into 252 shares of common stock at an exercise price of $0.00 per share.

To cover tax obligations on this vesting, 86 common shares were disposed of at $163.12 per share through a tax-withholding transaction, leaving 4,507.45 common shares held directly after the transactions. She also holds 277 common shares indirectly through the company 401(k) plan and 1 share indirectly through her children, with dividend reinvestment affecting the reported balances.

Insider Trade Summary

252 shares exercised/converted

Mixed 5 txns

Insider Chapel Dawn Shannon

Role Senior Vice President - Sub

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	252	$0.00	--
Exercise	Common Stock	252	$0.00	--
Tax Withholding	Common Stock	86	$163.12	$14K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 4,593.327 shares (Direct); Common Stock — 277 shares (Indirect, By 401(k) Plan)

Footnotes (1)

1. The reporting person is enrolled in quarterly dividend reinvestment. The beneficially owned shares have been adjusted to reflect shares purchased through the reinvestment plan. 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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Chapel Dawn Shannon

(Last) (First) (Middle)

6200 SOUTH GILMORE RD

(Street)

FAIRFIELD OH 45014

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CINCINNATI FINANCIAL CORP [ CINF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President - Sub

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/12/2026		M		252	A	$0.00	4,593.327	D
Common Stock	02/12/2026		F		86	D	$163.12	4,507.45(1)	D
Common Stock								277(2)	I	By 401(k) Plan
Common Stock								1	I	By Children

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0.00	02/12/2026		M			252	(3)	(3)	Common Stock	252	$0.00	0.00	D

Explanation of Responses:

1. The reporting person is enrolled in quarterly dividend reinvestment. The beneficially owned shares have been adjusted to reflect shares purchased through the reinvestment plan.

2. 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.

3. The restricted stock units vest February 12, 2026, as set forth in the agreement, if service requirements are met.

Remarks:

	/s/ Dawn Shannon Chapel	02/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CINCINNATI FINANCIAL (CINF) report for Dawn Shannon Chapel?

Cincinnati Financial reported that senior vice president Dawn Shannon Chapel exercised 252 restricted stock units into 252 common shares. As part of the same event, 86 shares were used to satisfy tax withholding, reflecting a routine equity compensation vesting rather than an open-market trade.

How many CINCINNATI FINANCIAL (CINF) shares does Dawn Shannon Chapel own after this Form 4?

After the reported transactions, Dawn Shannon Chapel holds 4,507.45 CINF common shares directly. She also has 277 shares held indirectly through the company 401(k) plan and 1 share held indirectly through her children, with balances adjusted for dividend reinvestment.

What was the price used for the tax-withholding share disposition in the CINF Form 4?

The tax-withholding disposition used a share price of $163.12 for 86 common shares. This transaction was coded “F,” indicating payment of tax liability by delivering shares rather than a discretionary sale on the open market by the executive.

What do the restricted stock units in the CINCINNATI FINANCIAL (CINF) filing represent?

The restricted stock units represent equity awards that convert into common stock upon vesting. In this case, 252 restricted stock units vested and were exercised into 252 common shares at a zero exercise price, consistent with standard stock-based compensation structures for senior executives.

How are 401(k) plan holdings treated in Dawn Shannon Chapel’s CINF ownership?

Shares held in the company’s 401(k) plan are reported as indirect ownership. The filing shows 277 common shares in the 401(k), and notes the reporting person may shift this value into other investment options within the plan while still reflecting beneficial ownership of those shares.

Does the CINF Form 4 indicate dividend reinvestment for Dawn Shannon Chapel?

Yes. A footnote explains that she is enrolled in quarterly dividend reinvestment. Her beneficially owned share totals are adjusted to reflect additional shares purchased automatically through this reinvestment program, which increases holdings over time without separate open-market purchases.