Delaney Angela Ossello 4

What Happened Delaney Angela Ossello, Senior Vice President (Subsidiaries) at Cincinnati Financial (CINF), exercised stock options on Feb 12, 2026 and had restricted stock units vest the same day. She exercised options to acquire 7,947 common shares (7,781 shares at $85.67; 166 shares at $71.19) for a combined exercise cost of about $678,416, and received 18 restricted stock units (RSUs). To cover tax liabilities/exercise obligations, 5,214 shares were withheld (payment code F) with a withholding value of about $855,142 (withholding prices around $163–$164 per share). Net new shares received (acquired minus withheld) equal 2,751 shares.

Key Details

• Transaction date: Feb 12, 2026; Form 4 filed Feb 17, 2026 (appears one business day after the usual two-business-day filing window).
• Option exercises (code M): 7,781 shares @ $85.67 ($666,598) and 166 shares @ $71.19 ($11,818). RSUs: 18 shares @ $0.00.
• Tax/price payment withholdings (code F): 103 shares @ $164.01 ($16,893), 5,104 shares @ $164.01 ($837,107), and 7 shares @ $163.12 ($1,142); total withheld = 5,214 shares (~$855,142).
• Net change from these entries: +7,965 shares acquired (incl. 18 RSUs) minus 5,214 withheld = +2,751 net shares.
• Shares owned after transaction: not disclosed in the excerpt provided.
• Footnotes: F1 — the option grant vests in three annual installments beginning on the first anniversary of grant; F2 — RSUs vest on Feb 12, 2026 if service requirements are met.
• Codes: M = option exercise/conversion; F = payment of exercise price or tax liability (i.e., shares withheld).

Context

• The filing shows a net-share settlement/tax-withholding event (shares were withheld to satisfy tax liability), which is common after option exercises and does not necessarily indicate an open-market sale.
• These are routine insider transactions (exercise + withholding) rather than a discretionary open-market buy or sale; purchases (buys) typically carry more directional signal for investors.