CNO Financial (NYSE: CNO) director granted 3,574 immediately vesting RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Turner Jessica A reported acquisition or exercise transactions in this Form 4 filing.
CNO Financial Group director Jessica A. Turner received a grant of 3,574 shares of Common Stock as equity compensation. The award consists of immediately vesting restricted stock units granted under the CNO Financial Group, Inc. Amended and Restated Long-Term Incentive Plan. Following this grant, Turner directly holds 10,584 shares of CNO common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Turner Jessica A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,574 | $46.17 | $165K |
Holdings After Transaction:
Common Stock — 10,584 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity award size: 3,574 shares
Reported grant price: $46.17 per share
Post-award holdings: 10,584 shares
3 metrics
Equity award size
3,574 shares
Immediately vesting restricted stock units granted to director
Reported grant price
$46.17 per share
Reference price for the 3,574-share award
Post-award holdings
10,584 shares
Total CNO common shares directly held by Turner after grant
Key Terms
restricted stock units, Long-Term Incentive Plan, grant, award, or other acquisition
3 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.
Long-Term Incentive Plan financial
"granted under the CNO Financial Group, Inc. Amended and Restated Long-Term Incentive Plan."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
grant, award, or other acquisition financial
"transaction code description indicates a Grant, award, or other acquisition."
FAQ
What insider transaction did CNO (CNO) director Jessica A. Turner report?
Jessica A. Turner reported receiving 3,574 shares of CNO common stock as an equity grant. The shares were awarded as immediately vesting restricted stock units under CNO’s Amended and Restated Long-Term Incentive Plan.
Was Jessica A. Turner’s CNO (CNO) transaction a market purchase or sale?
The transaction was not a market trade; it was a grant of shares coded as a “grant, award, or other acquisition.” Turner received 3,574 restricted stock units that vested immediately as part of her director compensation.
At what reference price was Jessica A. Turner’s CNO (CNO) stock grant reported?
The 3,574-share grant was reported with a price of $46.17 per share. This figure typically reflects the fair market value used for reporting compensation awards of restricted stock units on the transaction date.
What plan governed Jessica A. Turner’s CNO (CNO) restricted stock unit award?
The award was granted under the CNO Financial Group, Inc. Amended and Restated Long-Term Incentive Plan. Footnotes specify the grant as immediately vesting restricted stock units issued pursuant to this company equity incentive program.