CNO Financial Group, Inc.·4/A

Feb 12, 5:41 PM ET

Goldberg Scott L. 4/A

4/A · CNO Financial Group, Inc. · Filed Feb 12, 2026

Research Summary

AI-generated summary of this filing

Updated

CNO (CNO) President Scott L. Goldberg Exercises Options, Sells 17,095 Shares

What Happened

  • Scott L. Goldberg, President — Consumer Division at CNO Financial Group, exercised 17,095 stock options and immediately sold those 17,095 shares on February 10, 2023. The exercise cost was $16.42 per share (total $280,700). The shares were sold in the open market at a weighted average price of $25.34 per share (total proceeds $433,182), for pre‑tax net proceeds of about $152,482. The Form 4/A amends the original filing presentation and post‑transaction ownership details.

Key Details

  • Transaction date: February 10, 2023 (reported in an amended Form 4 filed February 12, 2026) — filed late (amendment).
  • Exercise (code M): 17,095 shares exercised at $16.42 = $280,700.
  • Sale (code S): 17,095 shares sold at weighted avg $25.34 = $433,182 (sales ranged $25.15–$25.50).
  • Derivative line: 17,095 option units shown as disposed (conversion of the derivative) at $0.00 — this reflects the options being converted into common shares when exercised.
  • Sales were made pursuant to a Rule 10b5‑1 trading plan adopted Nov 11, 2022 (per footnote).
  • Footnotes: amendment corrected exercise presentation and the reported amount of securities beneficially owned after the transactions; options originally vested Feb 25, 2018 and had an expiration date of Feb 25, 2025.
  • Shares owned after the transaction: not specified in the summary provided here — see the full Form 4/A for amended beneficial ownership amounts.

Context

  • This is a classic “exercise then sell” (cashless) transaction: options were exercised and the resulting shares were sold the same day, locking in the spread between the exercise price and sale price.
  • The sale was executed under a prearranged 10b5‑1 plan, which typically indicates scheduled, not opportunistic, selling.
  • Note the filing is an amendment submitted three years after the trade date; investors who track insider timing or compliance may want to review the full amended Form 4 for details on the corrected holdings and any explanations.

Insider Transaction Report

Form 4/AAmended
Period: 2023-02-10
Goldberg Scott L.
President, Consumer Division
Transactions
  • Exercise/Conversion

    Common Stock

    2023-02-10$16.42/sh+17,095$280,700154,400 total
  • Sale

    Common Stock

    [F1][F2][F3]
    2023-02-10$25.34/sh17,095$433,182137,305 total
  • Exercise/Conversion

    Employee Stock Option (Right to Buy)

    [F4][F5]
    2023-02-1017,0950 total
    Exercise: $16.42Common Stock (17,095 underlying)
Footnotes (5)
  • [F1]Shares sold pursuant to a Rule 10b5-1 trading plan adopted on November 11, 2022.
  • [F2]Reflects the weighted average sale price. Shares were sold at prices ranging from $25.15 per share to $25.50 per share. Reporting person will provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the issuer or any security holder of the issuer.
  • [F3]This amendment corrects (i) the presentation of the exercise of stock options and (ii) the amount of securities beneficially owned following the transactions reported on this Form 4/A.
  • [F4]The stock options vested and became exercisable on February 25, 2018.
  • [F5]The expiration date was February 25, 2025.
Signature
Heidi M. Krings, Attorney-in-Fact|2026-02-12

Documents

1 file
  • 4
    wk-form4a_1770936110.xml

    FORM 4/A