[Form 4] CNA FINANCIAL CORP Insider Trading Activity
Rhea-AI Filing Summary
CNA Financial Corporation executive vice president and chief information officer Jane Elizabeth Possell reported routine equity compensation activity. She was granted 19,888 shares of common stock under the Performance Share Plan for the 2025 performance cycle at a stated price of $0.0000 per share. These performance share awards will cliff vest on March 15, 2028, assuming she remains continuously employed through that date, subject to any award and employment terms.
To cover tax withholding obligations related to the award, 7,006 shares of common stock were disposed of at $47.03 per share through share withholding authorized under the company’s Incentive Compensation Plan. After these transactions, Possell directly holds 57,816 shares of CNA Financial common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,888 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,006 | $47.03 | $329K |
Footnotes (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. 19,888 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 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.