CNA Executive Chairman sells 6,250 shares at $45 via 10b5-1 plan

CNA Financial (CNA) Form 4: Executive Chairman & Director Dino E. Robusto disclosed the sale of 6,250 common shares on 08/04/2025 at $45.00 per share.

Rhea-AI Filing Summary

CNA Financial (CNA) Form 4: Executive Chairman & Director Dino E. Robusto disclosed the sale of 6,250 common shares on 08/04/2025 at $45.00 per share. The transaction was executed under a Rule 10b5-1 trading plan adopted on 11/15/2024.

Following the sale, Robusto directly owns 693,088.061 shares of CNA, meaning the divestiture represents roughly 0.9 % of his reported stake and an immaterial portion of the company’s overall float. No derivative positions were reported or altered.

Insights

Securities Analyst

TL;DR: Minor insider sale (~0.9 % of holdings); executed under 10b5-1—neutral market signal.

The 6,250-share sale equates to only about US$281k and leaves the Executive Chairman with more than 693k shares. Because the transaction is small relative to both his ownership and CNA’s total shares outstanding, it is unlikely to influence liquidity or convey material information about company fundamentals. The presence of a pre-arranged 10b5-1 plan further reduces interpretation risk, suggesting routine portfolio diversification rather than a change in outlook.

Insider Trade Summary

Net Seller: 6,250 shares

Net Sell 1 txn

Insider Robusto Dino

Role Executive Chairman

Sold 6,250 shs ($281K)

Type	Security	Shares	Price	Value
Sale	Common Stock	6,250	$45.00	$281K

Holdings After Transaction: Common Stock — 693,088.061 shares (Direct)

Footnotes (1)

1. F1. This transaction was made pursuant to a trading plan adopted November 15, 2024 , intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Securities Exchange Act of 1934.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CNA shares did Dino Robusto sell on 08/04/2025?

He sold 6,250 common shares.

What was the sale price of the CNA shares?

The shares were sold at $45.00 per share.

How many CNA shares does the Executive Chairman still hold after the sale?

Robusto now directly owns 693,088.061 shares.

Was the transaction executed under a Rule 10b5-1 trading plan?

Yes, the filing states the plan was adopted 11/15/2024 to meet Rule 10b5-1(c) requirements.

Did the Form 4 report any derivative security transactions?

No, no derivative securities were reported in Table II.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/04/2025 - 03:39 PM Learn about SEC filing dates

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).

X

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^*

Robusto Dino

(Last) (First) (Middle)

151 N. FRANKLIN ST.

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Chairman

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2025

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	08/04/2025		S		6,250(1)	D	$45	693,088.061	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. This transaction was made pursuant to a trading plan adopted November 15, 2024 , intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Securities Exchange Act of 1934.

Remarks:

	/s/ Stathy Darcy by Power of Attorney for Dino E. Robusto	08/04/2025
	** 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.