Benacci Nancy Cunningham 4
Research Summary
AI-generated summary
Cincinnati Financial Director Nancy Benacci Receives 847-Share Award
What Happened
Nancy Benacci, a director of Cincinnati Financial Corporation (CINF), was granted 847 shares on January 29, 2026. The Form 4 reports an acquisition price of $0.00 (total reported value $0), indicating these shares were issued as a grant under the company plan rather than bought on the open market.
Key Details
- Transaction date: 2026-01-29; Form 4 filed: 2026-02-02.
- Shares acquired: 847; reported acquisition price: $0.00 (grant/award).
- Footnote F1: Shares issued under the Cincinnati Financial Corporation Director's Stock Plan of 2018.
- Footnote F2: Reporting person enrolled in the quarterly dividend reinvestment plan; beneficially owned shares adjusted to reflect reinvested dividends.
- Shares owned after the transaction were not specified in the provided excerpt. No late-filing flag was indicated in the provided data.
Context
This transaction is a director compensation grant (award), not a purchase or sale. Such grants are commonly used to compensate and align directors with shareholder interests; the Form 4 shows the mechanics (grant and reinvestment), not a market sentiment signal.