CNA Financial (NYSE: CNA) SVP granted 3,540 shares; 1,361 withheld for taxes

Rhea-AI Filing Summary

CNA Financial Corporation reported that SVP & General Counsel Jeffrey John Neuenschwander received a grant of 3,540 shares of common stock under the company’s Performance Share Plan for the 2025 performance cycle. The filing notes he received these shares at no cost.

These performance shares will cliff vest on March 15, 2028, provided he remains continuously employed by CNA Financial Corporation through that date, subject to award terms and any employment agreement. On the same date, 1,361 shares of common stock were withheld at $47.03 per share to satisfy tax withholding obligations under the company’s incentive compensation plan, leaving him with 10,564 shares owned directly after the withholding transaction.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Neuenschwander Jeffrey John

Role SVP & General Counsel

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,540	$0.00	--
Tax Withholding	Common Stock	1,361	$47.03	$64K

Holdings After Transaction: Common Stock — 11,925 shares (Direct)

Footnotes (1)

1. The Company's Incentive Compensation Plan (as amended and restated as of January 1, 2020) provides for the issuance of CNA Financial Corporation's common stock under the Performance Share Plan (PSP) awards based upon achievement of predetermined financial goals for the 2025 performance cycle. 3,540 PSP shares were achieved and will cliff vest on March 15, 2028. No performance share unit shall vest on such vesting date unless the reporting person has been continuously employed by CNA Financial Corporation from the grant date until such vesting date except as otherwise specified in award terms and employment agreement, if any. The Reporting Person received the CNAF shares at no cost. The Company's Incentive Compensation Plan (as amended and restated as of January 1, 2020) permits the withholding of shares of common stock to satisfy tax withholding obligations of the participants.

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^*

Neuenschwander Jeffrey John

(Last) (First) (Middle)

151 N. FRANKLIN STREET

(Street)

CHICAGO IL 60606

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

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	03/15/2026		A		3,540(1)	A	$0(2)	11,925	D
Common Stock	03/15/2026		F(3)		1,361	D	$47.03	10,564	D

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

Explanation of Responses:

1. The Company's Incentive Compensation Plan (as amended and restated as of January 1, 2020) provides for the issuance of CNA Financial Corporation's common stock under the Performance Share Plan (PSP) awards based upon achievement of predetermined financial goals for the 2025 performance cycle. 3,540 PSP shares were achieved and will cliff vest on March 15, 2028. No performance share unit shall vest on such vesting date unless the reporting person has been continuously employed by CNA Financial Corporation from the grant date until such vesting date except as otherwise specified in award terms and employment agreement, if any.

2. The Reporting Person received the CNAF shares at no cost.

3. The Company's Incentive Compensation Plan (as amended and restated as of January 1, 2020) permits the withholding of shares of common stock to satisfy tax withholding obligations of the participants.

Remarks:

	Stathy Darcy by Power of Attorney for Jeffrey J. Neuenschwander	03/17/2026
	** 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 CNA (CNA) report for Jeffrey John Neuenschwander?

CNA reported that SVP & General Counsel Jeffrey John Neuenschwander received a grant of 3,540 shares of common stock under its Performance Share Plan. These were awarded at no cost and relate to the company’s 2025 performance cycle.

Were the CNA (CNA) shares received by the SVP & General Counsel purchased on the market?

No, the shares were granted as incentive compensation, not bought on the open market. The filing states the reporting person received CNA Financial shares at no cost under the company’s incentive compensation and Performance Share Plan programs.

When do the newly granted CNA (CNA) performance shares vest?

The 3,540 performance shares will cliff vest on March 15, 2028. Vesting requires the executive to remain continuously employed by CNA Financial Corporation from the grant date through that vesting date, subject to the specific award terms and any employment agreement.

Why did CNA (CNA) withhold 1,361 shares from the executive’s grant?

CNA withheld 1,361 shares to cover tax withholding obligations associated with the equity award. The company’s incentive compensation plan allows satisfying tax liabilities by withholding common stock instead of using cash, which is reflected as a tax-withholding disposition.

At what price were the withheld CNA (CNA) shares valued for tax purposes?

The 1,361 withheld shares were valued at $47.03 per share for tax withholding purposes. This price is used solely to determine the number of shares needed to satisfy the tax obligation under the company’s incentive compensation plan.

How many CNA (CNA) shares does the SVP & General Counsel hold after these transactions?

After the grant of 3,540 shares and the tax withholding of 1,361 shares, the executive directly holds 10,564 shares of CNA Financial common stock. This figure reflects his direct ownership immediately following the reported transactions.