CNO Financial COO surrenders 135 shares to cover tax withholding
CNO Financial Group, Inc. reported a routine insider transaction by its Chief Operations Officer.
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Rhea-AI Filing Summary
CNO Financial Group, Inc. reported a routine insider transaction by its Chief Operations Officer. On 12/05/2025, 135 shares of common stock were surrendered back to the company at a price of $40.18 per share. The filing explains that these shares were withheld to cover required tax obligations on previously granted restricted stock units, a common administrative step when equity awards vest.
After this tax withholding transaction, the officer continues to beneficially own 30,709 shares of CNO Financial Group common stock in direct form. This event does not reflect an open‑market sale or purchase, but rather an automatic share surrender to satisfy tax requirements tied to equity compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 135 | $40.18 | $5K |
Footnotes (1)
- F1. Shares were surrendered to the issuer to cover the required tax withholding on restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CNO (CNO) disclose in this Form 4?
Was this CNO (CNO) insider transaction an open-market sale or purchase?
Who is the reporting person in this CNO (CNO) Form 4 and what is their role?
AI-generated analysis. How Rhea-AI works. Not financial advice.