CNO Financial Group (CNO) officer amends Form 4 for RSU tax share surrender
Rhea-AI Filing Summary
CNO Financial Group, Inc. reported an amended insider transaction for its Chief Actuary on a Form 4/A. On 01/02/2025, the officer surrendered 773 shares of common stock at $37.14 per share. The shares were returned to the company to cover required tax withholding on vested restricted stock units, so this was not an open‑market sale. After this withholding transaction, the officer beneficially owned 61,348 shares of CNO common stock. The amendment states it corrects both the number of securities disposed of in this transaction and the amount of securities beneficially owned following the transaction.
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FAQ
What insider transaction did CNO (CNO) disclose in this Form 4/A?
The Chief Actuary of CNO Financial Group, Inc. reported surrendering 773 shares of common stock on 01/02/2025 to cover tax withholding on vested restricted stock units.
What price was used for the CNO (CNO) shares in the reported transaction?
The 773 shares of CNO common stock were valued at $37.14 per share for the reported tax withholding transaction.
How many CNO (CNO) shares does the reporting person own after this transaction?
Following the transaction, the Chief Actuary beneficially owned 61,348 shares of CNO Financial Group, Inc. common stock.
Why were the CNO (CNO) shares surrendered in this insider filing?
The filing explains that the shares were surrendered to CNO Financial Group, Inc. to cover the required tax withholding on vested restricted stock units.
What does this CNO (CNO) Form 4/A amendment correct?
The amendment states it corrects the amount of securities disposed of in this transaction and the amount of securities beneficially owned following the transaction.
What is the reporting person’s role at CNO Financial Group, Inc. (CNO)?
The reporting person is an officer of CNO Financial Group, Inc., serving as the company’s Chief Actuary.