Sewell Michael J 4
4 · CINCINNATI FINANCIAL CORP · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Cincinnati Financial (CINF) CFO Michael Sewell Receives Awards, Gifts Shares
What Happened
- Michael J. Sewell, Cincinnati Financial's CFO, EVP & Treasurer, recorded multiple equity transactions on 2026-02-25: he disposed of 1,076 shares as a gift and was granted three derivative awards totaling 34,446 shares (12,852 + 1,714 + 19,880). All reported grant prices are $0 (these are awards/derivative securities, not open-market purchases).
Key Details
- Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (appears timely).
- Gift: 1,076 shares disposed (code G); Grants: 12,852; 1,714; and 19,880 shares acquired as derivative awards (code A), all reported at $0.
- Shares owned after the transactions: not specified in the provided filing summary.
- Footnotes in the filing indicate these awards include restricted stock units with performance- and service-based vesting schedules, an award/option that vests over three years, and phantom stock under the company's Top Hat Savings Plan that settles on retirement. The filing lists the maximum number of RSUs that may vest where performance conditions apply.
Context
- The grants are compensation/long-term incentive awards (derivatives/RSUs) that vest over time or upon meeting performance/service conditions and do not represent immediate open‑market purchases or sales. Gifts (the 1,076 shares) are a transfer and do not necessarily signal insider sentiment about the stock.
Insider Transaction Report
Form 4
Sewell Michael J
CFO, EVP & Treasurer
Transactions
- Gift
Common Stock
2026-02-25−1,076→ 101,629 total - Award
Performance Stock Units
[F1]2026-02-25+12,852→ 12,852 totalExercise: $0.00→ Common Stock (12,852 underlying) - Award
Restricted Stock Units
[F2]2026-02-25+1,714→ 1,714 totalExercise: $0.00→ Common Stock (1,714 underlying) - Award
Stock Option (Right to Buy)
[F3]2026-02-25+19,880→ 19,880 totalExercise: $162.22From: 2027-02-25Exp: 2036-02-25→ Common Stock (19,880 underlying)
Holdings
- 14,393
Phantom Stock Shares
[F4]Exercise: $0.00→ Common Stock (14,393 underlying)
Footnotes (4)
- [F1]The restricted stock units vest March 1, 2029 , as set forth in the grant agreement, if performance goals are met. The number of restricted stock units shown is the maximum number of such units that may vest.
- [F2]The restricted stock units vest in three annual installments on March 1, as set forth in the grant agreement, if service requirements are met.
- [F3]The option vests in three annual installments beginning on the first anniversary of the date of grant.
- [F4]The reported phantom stock shares were acquired under the company's Top Hat Savings Plan, an "Excess Benefits Plan" within the meaning of Rule 16b-3(b)(2), and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock shares into an alternative investment selection within the plan.
Signature
/s/ Michael J Sewell|2026-02-26