CNO Financial (NYSE: CNO) director gets 6,043-share equity award and updates holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Maurer Daniel R reported acquisition or exercise transactions in this Form 4 filing.
CNO Financial Group director Daniel R. Maurer reported new equity compensation and updated holdings. He received an award of 6,043 shares of Common Stock as immediately vesting restricted stock units under the CNO Financial Group, Inc. Amended and Restated Long-Term Incentive Plan at a value of $46.17 per share. Following this grant, he directly holds 108,102 shares. A separate entry shows 24,624 shares of Common Stock held indirectly through the Daniel R. Maurer Revocable Trust, reflecting indirect ownership rather than a new market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Maurer Daniel R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,043 | $46.17 | $279K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 108,102 shares (Direct, null);
Common Stock — 24,624 shares (Indirect, Daniel R. Maurer Revocable Trust)
Footnotes (1)
- [object Object]
Key Figures
Equity award size: 6,043 shares
Award value per share: $46.17 per share
Direct holdings after award: 108,102 shares
+1 more
4 metrics
Equity award size
6,043 shares
Immediately vesting restricted stock units granted as Common Stock
Award value per share
$46.17 per share
Value for the 6,043-share restricted stock unit award
Direct holdings after award
108,102 shares
Common Stock directly owned after the grant
Indirect trust holdings
24,624 shares
Common Stock held via Daniel R. Maurer Revocable Trust
Key Terms
restricted stock units, Amended and Restated Long-Term Incentive Plan, revocable trust, indirect ownership
4 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.
Amended and Restated Long-Term Incentive Plan financial
"Award of immediately vesting restricted stock units granted under the CNO Financial Group, Inc. Amended and Restated Long-Term Incentive Plan."
revocable trust financial
"nature_of_ownership": "Daniel R. Maurer Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
indirect ownership financial
"ownership_type": "indirect"
FAQ
What insider transaction did CNO director Daniel R. Maurer report on this Form 4 for CNO?
Daniel R. Maurer reported receiving 6,043 shares of CNO common stock as an equity award. The award consists of immediately vesting restricted stock units granted under CNO’s Amended and Restated Long-Term Incentive Plan at a reported value of $46.17 per share.
At what value were Daniel R. Maurer’s new CNO restricted stock units reported?
The 6,043 newly awarded CNO restricted stock units were reported at $46.17 per share. These units vest immediately and convert into common stock, forming part of Maurer’s equity compensation under CNO’s Amended and Restated Long-Term Incentive Plan.
What plan governed Daniel R. Maurer’s CNO restricted stock unit award on this Form 4?
The award was granted under the CNO Financial Group, Inc. Amended and Restated Long-Term Incentive Plan. Footnotes describe the 6,043-share award as immediately vesting restricted stock units, indicating it is part of the company’s structured equity compensation program for key personnel.