Sewell Michael J 4

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.