CNO Financial Group (CNO) Chief Actuary reports tax-related share surrender
Rhea-AI Filing Summary
CNO Financial Group reported an insider share transaction involving its Chief Actuary. On 01/02/2026, the officer surrendered 748 shares of common stock back to the company at $42.20 per share. The filing explains that these shares were withheld by the issuer to cover required tax obligations on vested restricted stock units, meaning the transaction was tied to equity compensation rather than an open-market sale. After this tax-related share surrender, the officer beneficially owned 56,495 shares of CNO common stock, held directly.
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FAQ
What insider transaction did CNO (CNO) disclose in this filing?
The Chief Actuary of CNO Financial Group reported surrendering 748 shares of common stock to the company on 01/02/2026 at $42.20 per share.
Why were shares surrendered by the CNO Chief Actuary?
The filing states that the 748 shares were surrendered to CNO Financial Group to cover required tax withholding on vested restricted stock units.
How many CNO shares does the reporting person own after the transaction?
After the tax withholding transaction, the Chief Actuary beneficially owned 56,495 shares of CNO common stock, held directly.
Was this CNO insider transaction an open-market sale?
No. The filing describes the transaction as shares surrendered to the issuer to satisfy tax withholding on vested restricted stock units, not an open-market trade.
What is the role of the reporting person at CNO Financial Group?
The reporting person is identified as an officer of CNO Financial Group, serving as the company’s Chief Actuary.
Is this Form 4 filed for one or multiple reporting persons at CNO?
The document indicates that it is a Form filed by one reporting person, not a joint filing.