Hogan Thomas Christopher 4

What Happened

• Thomas Christopher Hogan, EVP, CLO and Corporate Secretary of Cincinnati Financial (CINF), had 1,595 restricted stock units vest on Feb 12, 2026 and converted into 1,595 shares. To satisfy tax withholding, 494 of those shares were disposed at $163.12 each, yielding $80,581. The filing records the RSU conversion (code M) and the tax-withholding share disposition (code F).

Key Details

• Transaction date: February 12, 2026; Form 4 filed February 17, 2026 (filed 5 days after the transaction — appears to exceed the SEC’s 2-business-day filing window).
• Prices and amounts: 1,595 shares converted @ $0.00 (RSU vesting); 494 shares disposed for tax withholding @ $163.12 = $80,581.
• Net shares received: 1,595 vested − 494 withheld = 1,101 shares delivered to Hogan (based on the reported entries).
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F2 confirms the 1,595 restricted stock units vested on Feb 12, 2026 if service requirements were met. F1 notes some reported stock may have been acquired under the company’s 401(k) plan and could be moved to alternative investments.
• Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = payment of exercise price or tax liability (tax withholding sale).

Context

• This was a vesting/settlement of RSUs, not an open-market purchase or a signal of active stock buying. The withholding/sale of shares to cover taxes is a routine, administrative transaction (often called a net-share settlement or sell-to-cover).
• Such tax-withholding disposals are common and don’t necessarily indicate the insider’s market view. The apparent late filing is worth noting for compliance context but does not change the economic nature of the transaction.