CNO Financial (NYSE: CNO) director granted 3,574 immediately vesting RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CNO Financial Group director Steven E. Shebik received an equity award of 3,574 shares of common stock as compensation. The award is described as immediately vesting restricted stock units granted under the CNO Financial Group, Inc. Amended and Restated Long-Term Incentive Plan.
After this grant, Shebik directly holds 56,756 shares of CNO common stock. The filing classifies the transaction as a grant or award acquisition, not an open-market purchase or sale, making this a routine compensation-related update to his equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shebik Steven E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,574 | $46.17 | $165K |
Holdings After Transaction:
Common Stock — 56,756 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 3,574 shares
Grant value per share: $46.17 per share
Post-transaction holdings: 56,756 shares
+1 more
4 metrics
Shares granted
3,574 shares
Equity award of common stock on May 12, 2026
Grant value per share
$46.17 per share
Reported value for the 3,574-share award
Post-transaction holdings
56,756 shares
Total CNO common shares held directly after award
Transaction type
Grant, award, or other acquisition
Code A, non-derivative common stock
Key Terms
restricted stock units, Amended and Restated Long-Term Incentive Plan, Grant, award, or other acquisition, Common Stock
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
"granted under the CNO Financial Group, Inc. Amended and Restated Long-Term Incentive Plan."
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did CNO (CNO) director Steven E. Shebik report in this Form 4?
Steven E. Shebik reported receiving 3,574 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, increasing his direct holdings to 56,756 shares.
Was the CNO (CNO) insider transaction a market purchase or sale?
The transaction was not a market purchase or sale; it was a grant of stock. The Form 4 classifies it as a grant, award, or other acquisition of 3,574 shares through restricted stock units that vest immediately under CNO’s long-term incentive plan.
What plan governed the CNO (CNO) restricted stock unit grant to Steven Shebik?
The award was granted under the CNO Financial Group, Inc. Amended and Restated Long-Term Incentive Plan. The footnote describes the transaction as immediately vesting restricted stock units, indicating it is part of the company’s standard long-term equity compensation program for eligible participants.