Linnenbringer Jeanne L. 4
Research Summary
AI-generated summary
CNO Financial COO Jeanne Linnenbringer Surrenders 1,649 Shares for Taxes
What Happened Jeanne L. Linnenbringer, Chief Operations Officer of CNO Financial Group, surrendered 1,649 shares to the issuer to cover required tax withholding on vested restricted stock units (RSUs). The shares were recorded at $40.61 each for a total value of approximately $66,966. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date: 2026-03-25; filing date: 2026-03-27 (Form 4 accession 0001960364-26-000004).
- Price per share: $40.61; shares surrendered/disposed: 1,649; total value ≈ $66,966.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote: F1 — shares were surrendered to the issuer to cover required tax withholding on vested RSUs.
- Transaction code: F (payment of exercise price or tax liability). No indication in the filing that the report was late.
Context This was a routine tax-withholding action tied to RSU vesting, where shares are surrendered to the company to satisfy withholding obligations. Such transactions are administrative and do not necessarily signal the insider’s view of the company’s stock; they differ from open-market sales or purchases.