CNO Financial (CNO) CMO sells 1,891 shares in planned Rule 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CNO Financial Group Chief Marketing Officer Rocco F. Tarasi III sold 1,891 shares of common stock in an open-market transaction at a price of $51.31 per share. After this sale, he directly holds 77,300 shares of CNO common stock.
The transaction was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on February 24, 2026, indicating it was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,891 shares ($97,027)
Net Sell
1 txn
Insider
Tarasi Rocco F. III
Role
Chief Marketing Officer
Sold
1,891 shs ($97K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,891 | $51.31 | $97K |
Holdings After Transaction:
Common Stock — 77,300 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,891 shares
Sale price: $51.31 per share
Shares held after: 77,300 shares
+2 more
5 metrics
Shares sold
1,891 shares
Open-market sale of CNO common stock
Sale price
$51.31 per share
Price for CNO common stock sold
Shares held after
77,300 shares
Direct CNO holdings post-transaction
Net share change
-1,891 shares
Net-sell direction in Form 4 summary
Trading plan adoption date
February 24, 2026
Rule 10b5-1 plan referenced in footnote
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4, non-derivative, +1 more
5 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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
""transaction_type": "non-derivative""
net-sell financial
""netBuySellDirection": "net-sell""
FAQ
What insider transaction did CNO (CNO) report for Rocco F. Tarasi III?
CNO disclosed that Chief Marketing Officer Rocco F. Tarasi III sold 1,891 shares of common stock in an open-market transaction. The shares were sold at a price of $51.31 per share, according to the Form 4 insider trading report.
Was the recent CNO (CNO) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 footnote states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted on February 24, 2026. Such pre-arranged plans allow insiders to schedule trades in advance, reducing timing-related discretion.
Who is the insider involved in the latest CNO (CNO) Form 4 filing?
The insider is Rocco F. Tarasi III, who serves as Chief Marketing Officer of CNO Financial Group, Inc. He is listed as an officer, not a director or 10% owner, and reported the open-market sale of CNO common stock.