|4Feb 27, 3:29 PM ET

Cracas Teresa C 4

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Cincinnati Financial (CINF) EVP Teresa Cracas Receives Equity Awards

What Happened

  • Teresa C. Cracas, EVP and Chief Risk Officer of Cincinnati Financial Corp (CINF), received three derivative equity awards on February 25, 2026. The awards are reported as: 8,160 units, 1,088 units, and 12,623 units (total 21,871 units) at a reported acquisition price of $0. These are grants/awards (Form 4 code A), not open-market purchases or sales.

Key Details

  • Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (appears to be filed within the usual two-business-day window).
  • Reported amounts: 8,160; 1,088; and 12,623 units (total 21,871 units). Each line is reported as acquired at $0 (derivative awards).
  • Shares owned after the transaction: not provided in the supplied details (not reported here).
  • Footnote summaries from the filing:
    • F1: One set of restricted stock units (RSUs) vests on March 1, 2029 if performance goals are met (the number shown is the maximum that may vest).
    • F2: One set of RSUs vests in three annual installments on March 1 subject to service requirements.
    • F3: One option vests in three annual installments beginning on the first anniversary of grant.
  • Transaction code: A = Award/Grant. No 10b5-1 plan, tax withholding, or late-filing flags were noted in the information provided.

Context

  • These are compensation/retention awards (RSUs/options) with vesting and/or performance conditions; they do not represent an immediate cash purchase or sale. The reported $0 acquisition price reflects the grant nature; any future value depends on vesting and company stock performance. Grants are common for executive pay and do not by themselves indicate a trading view.