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CNO Insider Amendment Corrects 1,417-Share Surrender, Ownership Now 58,918

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

CNO Financial Group insider filing (Form 4/A) shows that Karen J. DeToro, President of the Worksite Division and an officer of CNO (ticker: CNO), disposed of 1,417 shares of common stock on 01/02/2025. The shares were surrendered to the issuer to cover required tax withholding on vested restricted stock units, at an indicated price of $37.14 per share. Following the transaction, Ms. DeToro beneficially owned 58,918 shares. The filing is an amendment that corrects the amount disposed and the post-transaction beneficial ownership.

Positive

  • Amendment filed to correct prior report, improving accuracy of public disclosures
  • Disposition was for tax withholding on vested restricted stock units rather than an open-market sale

Negative

  • None.

Insights

TL;DR: Officer surrendered shares to satisfy tax withholding; amendment corrects reported amounts, a routine administrative disclosure.

The reported disposal of 1,417 shares reflects a tax withholding action tied to vested restricted stock units rather than an open-market sale, which typically reduces interpretive concern about insider selling for liquidity. The amendment clarifies both the number of shares surrendered and the updated beneficial ownership of 58,918 shares, improving reporting accuracy and compliance with Section 16 filing obligations. No derivative transactions or additional compensatory details are reported here.

TL;DR: Corrective Form 4/A resolves prior reporting errors; transaction appears non-discretionary and administrative.

The filing documents a non-discretionary disposition coded as "F" which, together with the provided explanation, indicates surrender to cover tax withholding. The amended filing increases transparency by correcting both the disposed amount and post-transaction holdings. From a compliance perspective, the amendment reduces risk of inaccurate public records; there is no indication of material change to executive ownership levels beyond the corrected figures.

Insider DeToro Karen J.
Role President, Worksite Division
Type Security Shares Price Value
Tax Withholding Common Stock 1,417 $37.14 $53K
Holdings After Transaction: Common Stock — 58,918 shares (Direct)
Footnotes (1)
  1. Shares were surrendered to the issuer to cover the required tax withholding on vested restricted stock units. This amendment corrects (i) the amount of securities disposed of in this transaction and (ii) the amount of securities beneficially owned following this transaction.
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).
1. Name and Address of Reporting Person*
DeToro Karen J.
(Last) (First) (Middle)
C/O CNO FINANCIAL GROUP, INC.
11299 ILLINOIS STREET, SUITE 200
(Street)
CARMEL IN 46032
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CNO Financial Group, Inc. [ CNO ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, Worksite Division
3. Date of Earliest Transaction (Month/Day/Year)
01/02/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
01/06/2025 		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 01/02/2025 F 1,417(1)(2) D $37.14 58,918(2) 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. Shares were surrendered to the issuer to cover the required tax withholding on vested restricted stock units.
2. This amendment corrects (i) the amount of securities disposed of in this transaction and (ii) the amount of securities beneficially owned following this transaction.
Remarks:
Heidi. M. Krings, Attorney-in-Fact 08/15/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Karen J. DeToro report in the CNO Form 4/A?

She reported surrendering 1,417 common shares on 01/02/2025 to cover tax withholding on vested restricted stock units and now beneficially owns 58,918 shares.

Why was an amended Form 4 filed for CNO (ticker: CNO)?

The amendment corrects (i) the number of shares disposed in the transaction and (ii) the number of shares beneficially owned following the transaction.

What was the transaction price per share reported on the Form 4/A?

The price reported was $37.14 per share for the shares surrendered to cover tax withholding.

Was the share disposal an open-market sale?

No. The filing explains the shares were surrendered to the issuer to satisfy tax withholding on vested restricted stock units.

How many shares does Ms. DeToro beneficially own after the transaction?

58,918 shares are reported as beneficially owned following the transaction.