CNO Financial (NYSE: CNO) CEO sells 88,378 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CNO Financial Group Chief Executive Officer Gary C. Bhojwani reported open-market sales of company common stock under a pre-arranged Rule 10b5-1 trading plan adopted on August 21, 2025. These trades are designed to execute automatically according to preset instructions rather than day-to-day market timing decisions.
On February 18, 2026, he sold 43,021 shares at a weighted average price of $43.0511 per share, and on February 17, 2026, he sold 45,357 shares at a weighted average price of $43.1657 per share. After these transactions, he held 277,526 shares directly and 635,471 shares indirectly through the Gary C. Bhojwani Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 88,378 shares ($3,809,968)
Net Sell
3 txns
Insider
Bhojwani Gary C.
Role
Chief Executive Officer
Sold
88,378 shs ($3.81M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 43,021 | $43.0511 | $1.85M |
| Sale | Common Stock | 45,357 | $43.1657 | $1.96M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 277,526 shares (Direct);
Common Stock — 635,471 shares (Indirect, Gary C. Bhojwani Revocable Trust)
Footnotes (1)
- Shares sold pursuant to a Rule 10b5-1 trading plan adopted on August 21, 2025. Reflects the weighted average sale price. Shares were sold at prices ranging from $42.93 per share to $43.715 per share. Reporting person will provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the issuer or any security holder of the issuer. Reflects the weighted average sale price. Shares were sold at prices ranging from $42.92 per share to $43.28 per share. Reporting person will provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the issuer or any security holder of the issuer.
FAQ
What insider transactions did CNO (CNO) report for CEO Gary Bhojwani?
CNO reported that CEO Gary C. Bhojwani sold common stock in two open-market transactions under a Rule 10b5-1 plan. He sold 45,357 shares on February 17, 2026 and 43,021 shares on February 18, 2026 at weighted average prices around $43 per share.
Were the CNO (CNO) CEO stock sales made under a 10b5-1 trading plan?
Yes. The filing states the CEO’s sales were made under a Rule 10b5-1 trading plan adopted on August 21, 2025. Such plans allow insiders to pre-schedule stock sales, helping separate routine diversification or liquidity needs from day-to-day market timing decisions.
What price ranges applied to the recent CNO (CNO) insider stock sales?
The weighted average prices were about $43 per share, but actual trades occurred across ranges. One set of sales ranged from $42.93 to $43.715 per share, and another from $42.92 to $43.28 per share, according to the detailed pricing footnotes.
What type of security did the CNO (CNO) CEO sell in the recent Form 4?
The insider transactions involved CNO Financial Group common stock, classified as non-derivative securities. The CEO executed open-market sales of these common shares under his Rule 10b5-1 trading plan, reducing his directly held position while maintaining a substantial remaining ownership stake.