CNO officer plans Rule 144 sale of 9,374 shares
Rhea-AI Filing Summary
CNO Financial Group, Inc. (CNO) is the issuer in a notice filed for a proposed sale of its common stock under Rule 144 by officer Karen DeToro. The notice covers up to 9,374 shares of common stock, with an aggregate market value of $515,366.21, to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on or after August 31, 2026. The shares consist of 7,500 shares underlying stock options expected to be exercised for cash on August 31, 2026, and 1,874 shares of restricted stock issuable on March 25, 2025.
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Key Figures
Shares to be sold under Rule 144: 9,374 shares of common stock
Aggregate market value: $515,366.21
Stock option shares: 7,500 shares
+2 more
5 metrics
Shares to be sold under Rule 144
9,374 shares of common stock
Total common shares covered by the notice
Aggregate market value
$515,366.21
Aggregate market value of 9,374 shares of common stock
Stock option shares
7,500 shares
Shares underlying stock option exercise dated August 31, 2026
Restricted stock shares
1,874 shares
Restricted stock tied to March 25, 2025
Proposed sale date
August 31, 2026
Date associated with proposed sale and stock option exercise
Key Terms
Rule 144, Restricted Stock, Stock Option Exercise, Form 144, +1 more
5 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"Common | 03/25/2025 | Restricted Stock | ISSUER"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Stock Option Exercise financial
"Common | 08/31/2026 | Stock Option Exercise | ISSUER"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC ... | 9374 | 515366.21"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What does the Form 144 filing disclose for CNO (CNO)?
The Form 144 notice states that an officer, Karen DeToro, may sell up to 9,374 shares of CNO common stock under Rule 144, with an aggregate market value of $515,366.21, through Morgan Stanley Smith Barney LLC beginning on or after August 31, 2026.
Who is the CNO (CNO) insider involved in this Form 144 filing?
The person for whose account the securities may be sold is Karen DeToro, identified as an officer of CNO Financial Group, Inc. The filing provides notice of her potential resale of CNO common stock under Rule 144.
AI-generated analysis. How Rhea-AI works. Not financial advice.