[144] Integral Ad Science Holding Corp. SEC Filing

Rhea-AI Filing Summary

Form 4 filing – 5 Aug 2025: Cincinnati Financial Corp. (CINF) CFO, EVP & Treasurer Michael J. Sewell reported option exercise activity.

• Exercised: 6,247 stock options at $61.47 (code M) originally granted 12 Feb 2017 and set to expire 12 Feb 2026.
• Tax withholding: 2,135 shares automatically surrendered at $148.15 (code F).
• Net result: Direct ownership rises by 4,112 shares to 102,695 common shares.
• All 6,247 options from the 2017 grant are now exhausted; no derivative options remain from this award.
• Sewell also holds 14,238 phantom stock shares under the company’s Top Hat Savings Plan, to be settled upon retirement or termination.

No open-market sale occurred, so public float is unaffected. The filing contains no financial performance data, guidance or other corporate events.

Positive

• CFO increased direct ownership by 4,112 shares, suggesting incremental insider confidence and alignment with shareholders.

Negative

• None.

Insights

Equity Analyst

TL;DR: CFO converts options, increases stake by 4,112 shares—minor but positive insider signal; immaterial to fundamentals.

The option exercise at a strike of $61.47 versus a market price of $148.15 locks in a substantial personal gain while retaining most shares, indicating management’s willingness to keep exposure to CINF’s equity. Although the absolute increase (≈4 k shares) is modest against his ~103 k-share position and the 160 m shares outstanding, insider accumulation—even via option exercise—can be interpreted as incremental confidence. Because no open-market sale occurred, this action does not introduce selling pressure. From a valuation standpoint the event is not material; it neither alters capital structure nor signals operational news. I view the impact on the stock as neutral-to-slightly-positive.

Corporate Governance Specialist

TL;DR: Routine Section 16 filing; complies with Rule 10b5-1 disclosure—governance risk unchanged.

Sewell’s transaction codes (M and F) and timely one-day filing reflect proper insider-trading compliance. Disclosure of phantom stock aligns with deferred-compensation transparency. No red flags such as excessive tax-withholding sales or simultaneous market disposals are present. Governance posture remains stable; impact on investor perception is neutral.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	9922	80523.98	165016300	08/06/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/04/2025	Restricted Stock Vesting	Issuer			9922	08/04/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Lisa M. Utzschneider 12 E 49th Street 20th Floor New York NY 10017	Common	05/07/2025	8367	61701.60
Lisa M. Utzschneider 12 E 49th Street 20th Floor New York NY 10017	Common	07/08/2025	14904	123850.75
Lisa M. Utzschneider 12 E 49th Street 20th Floor New York NY 10017	Common	07/10/2025	8285	68666.08

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Cincinnati Financial (CINF) shares does the CFO now own?

After the reported transactions, Michael J. Sewell directly owns 102,695 common shares.

What type of insider transaction occurred on 08/04/2025?

The CFO exercised 6,247 stock options at $61.47 and surrendered 2,135 shares for taxes; no open-market sale took place.

Were any shares sold into the market by the insider?

No. Shares were only withheld for tax purposes; no open-market disposition was reported.

Does the filing disclose additional derivative holdings?

Yes. The insider holds 14,238 phantom stock shares payable upon retirement, but zero remaining options from this grant.

Is this Form 4 filing material to CINF’s financial outlook?

The transaction is routine and does not affect earnings, guidance, or capital structure; impact is considered immaterial.