CNO Financial (CNO) CMO sells 4,808 shares at $47 in pre-set 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CNO Financial Group Chief Marketing Officer Rocco F. Tarasi III reported an open-market sale of 4,808 shares of Common Stock at $47.00 per share. The transaction took place on June 2, 2026 and was executed under a Rule 10b5-1 trading plan adopted on February 24, 2026.
Following this sale, Tarasi directly holds 82,499 shares of CNO Financial Group common stock. Because the sale was made pursuant to a pre-arranged 10b5-1 plan, its timing reflects a scheduled trading program rather than a discretionary one-time decision.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,808 shares ($225,976)
Net Sell
1 txn
Insider
Tarasi Rocco F. III
Role
Chief Marketing Officer
Sold
4,808 shs ($226K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,808 | $47.00 | $226K |
Holdings After Transaction:
Common Stock — 82,499 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 4,808 shares
Sale price: $47.00 per share
Shares held after transaction: 82,499 shares
3 metrics
Shares sold
4,808 shares
Open-market sale on June 2, 2026
Sale price
$47.00 per share
Common Stock transaction price
Shares held after transaction
82,499 shares
Direct ownership following sale
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"Shares sold pursuant to a Rule 10b5-1 trading plan adopted on February 24, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did CNO (CNO) disclose for Rocco F. Tarasi III?
CNO Financial Group disclosed that Chief Marketing Officer Rocco F. Tarasi III sold 4,808 shares of Common Stock at $47.00 per share. The sale was an open-market transaction and left him with 82,499 directly held shares afterward.
Was the CNO (CNO) insider sale by Rocco Tarasi pre-planned under a Rule 10b5-1 plan?
Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted on February 24, 2026. Such plans schedule trades in advance, so the timing typically reflects pre-arranged instructions rather than spontaneous trading decisions.
What role does Rocco F. Tarasi III hold at CNO (CNO) in this insider filing?
Rocco F. Tarasi III is identified as an officer of CNO Financial Group, serving as Chief Marketing Officer. The Form 4 reports his personal open-market sale of 4,808 common shares and confirms his direct ownership of 82,499 shares after the transaction.