CNO Financial Group, Inc.·4

Mar 27, 4:59 PM ET

Mead Michael E. 4

Research Summary

AI-generated summary

Updated

CNO CIO Michael Mead Surrenders 1,953 Shares for Taxes

What Happened

  • Michael E. Mead, Chief Information Officer of CNO Financial Group, surrendered 1,953 shares on 2026-03-25 to satisfy required tax withholding on vested restricted stock units. The shares were valued at $40.61 each, for a total of approximately $79,311. This was a share surrender to cover taxes (transaction code F), not an open-market sale.

Key Details

  • Transaction date: 2026-03-25
  • Filing date: 2026-03-27 (filed timely)
  • Shares surrendered/disposed: 1,953
  • Price per share: $40.61
  • Total value: ~$79,311
  • Shares owned after transaction: not provided in the supplied filing excerpt
  • Footnote: F1 — shares were surrendered to the issuer to cover required tax withholding on vested RSUs
  • Filing timeliness: No late filing flag; appears filed within the required Form 4 period

Context

  • This was a routine tax-withholding transaction (cashless share surrender) tied to RSU vesting, which is common and does not necessarily indicate insider sentiment about the company. Purchases or open-market sales typically carry more weight for interpreting insider views.