Johnson Eric R. 4

What Happened
Eric R. Johnson, Chief Investment Officer of CNO Financial Group (CNO), had performance share units vest on Feb 10, 2026: 25,384 shares were issued to him (valued at $43.05 per share, ~$1,092,781). At the same time he surrendered 11,373 of those shares to CNO to satisfy required tax withholding (disposed value ~$489,608). He was also granted 15,300 restricted stock units (RSUs) that show $0 immediate cash value in the filing.

Key Details

• Transaction date: 2026-02-10; Form 4 filed 2026-02-12 (covers the Feb 10 transactions). No late-filing flag noted in the provided data.
• Vested shares issued: 25,384 at $43.05 — total value reported ~$1,092,781 (code A: award/acquisition).
• Shares surrendered for tax withholding: 11,373 at $43.05 — proceeds/withholding ~$489,608 (code F: tax withholding).
• Additional grant: 15,300 RSUs reported at $0 (code A); these are restricted stock units that convert one-for-one into common stock.
• Shares owned after the transactions: not provided in the excerpt of the filing.
• Relevant footnotes: vesting of the performance shares was tied to 2023 operating ROE, 2023 operating EPS, and three‑year relative TSR for 2023–2025 (F1); surrendered shares were used to cover tax withholding (F2); RSUs convert 1:1 to common stock (F3) and vest in three equal annual installments beginning March 25, 2027, subject to continued employment (F4).

Context
This filing reflects the vesting of performance-based equity and a routine tax-withholding share surrender — not an open-market purchase or sale for cash. Such tax-withholdings are common when equity awards vest. The newly reported RSUs are a grant that will vest over future years (subject to service conditions), so they do not represent immediately tradable shares.