CNO (CNO) director receives 3,574 immediately vesting RSUs as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Foss David B reported acquisition or exercise transactions in this Form 4 filing.
CNO Financial Group, Inc. director David B. Foss, through the Foss Management Trust, received an award of 3,574 shares of Common Stock at an indicated value of $46.17 per share. The award consists of immediately vesting restricted stock units granted under the company’s Amended and Restated Long-Term Incentive Plan, bringing indirect holdings to 52,725 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Foss David B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,574 | $46.17 | $165K |
Holdings After Transaction:
Common Stock — 52,725 shares (Indirect, Foss Management Trust)
Footnotes (1)
- [object Object]
Key Figures
Equity award size: 3,574 shares
Grant value per share: $46.17 per share
Total shares after transaction: 52,725 shares
+2 more
5 metrics
Equity award size
3,574 shares
Common Stock grant on 2026-05-12
Grant value per share
$46.17 per share
Reported price for the awarded shares
Total shares after transaction
52,725 shares
Indirect holdings of Foss Management Trust after award
Transaction code
A
Grant, award, or other acquisition of Common Stock
Transaction direction
acquire
Non-derivative equity compensation acquisition
Key Terms
restricted stock units, Amended and Restated Long-Term Incentive Plan, indirect ownership, Grant, award, or other acquisition
4 terms
restricted stock units financial
"Award of immediately vesting restricted stock units granted under the CNO Financial Group, Inc. Amended and Restated Long-Term Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Amended and Restated Long-Term Incentive Plan financial
"granted under the CNO Financial Group, Inc. Amended and Restated Long-Term Incentive Plan."
indirect ownership financial
"total_shares_following_transaction ... direct_or_indirect: "I", nature_of_ownership: "Foss Management Trust""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did CNO (CNO) report for David B. Foss?
CNO reported that director David B. Foss, via the Foss Management Trust, received an award of 3,574 shares of Common Stock. These shares reflect immediately vesting restricted stock units granted as part of CNO’s Amended and Restated Long-Term Incentive Plan.
Was the CNO (CNO) Form 4 transaction a market purchase or sale?
The Form 4 transaction was not a market trade but a grant of 3,574 restricted stock units. It is categorized as a grant, award, or other acquisition, reflecting equity-based compensation rather than an open-market buy or sell transaction.
What plan governed the CNO (CNO) restricted stock unit award to David B. Foss?
The award was granted under the CNO Financial Group, Inc. Amended and Restated Long-Term Incentive Plan. Footnotes describe the transaction as an award of immediately vesting restricted stock units provided pursuant to this company equity compensation program.