CNO CIO reports tax-withholding share disposition
CNO Financial Group Chief Information Officer Michael E. Mead reported a routine tax-related share disposition.
Rhea-AI Filing Summary
CNO Financial Group Chief Information Officer Michael E. Mead reported a routine tax-related share disposition. On March 25, 2026, he surrendered 1,953 shares of common stock at $40.61 per share to cover required tax withholding on vested restricted stock units. After this non-open-market transaction, he directly holds 22,513 shares of CNO common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,953 shares
Net Sell
1 txn
Insider
Mead Michael E.
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,953 | $40.61 | $79K |
Holdings After Transaction:
Common Stock — 22,513 shares (Direct)
Footnotes (1)
- F1. Shares were surrendered to the issuer to cover the required tax withholding on vested restricted stock units.
FAQ
What did CNO (CNO) executive Michael E. Mead report in this Form 4?
Michael E. Mead reported surrendering shares to cover taxes, not an open-market trade. He disposed of 1,953 CNO common shares to satisfy required tax withholding on vested restricted stock units, a standard compensation-related event rather than a discretionary stock sale.
Was Michael E. Mead’s CNO (CNO) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 shows an F-code event where shares were surrendered to CNO to satisfy tax withholding on vested restricted stock units, a mechanical process rather than a discretionary decision to sell shares in the market.
What does transaction code F mean in Michael E. Mead’s CNO (CNO) Form 4?
Transaction code F indicates shares were used to pay a tax or exercise obligation. In this case, 1,953 CNO shares were surrendered to cover required tax withholding when Mead’s restricted stock units vested, classifying the event as a tax-withholding disposition, not a normal sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.