Schuler Scott Alan 4

What Happened

• Scott A. Schuler, Senior Vice President (Sub) of Cincinnati Financial Corp. (CINF), was granted three derivative awards on 2026-02-25 totaling 10,988 units: 4,050, 675 and 6,263 units. Each award shows an acquisition price of $0 (award/grant).
• These are awards (not open-market purchases or sales). One award is a performance-based restricted stock unit (RSU) with a maximum payout, another vests by service in three annual installments, and one is an option that vests in three annual installments (see Key Details). No cash was paid at grant.

Key Details

• Transaction date: 2026-02-25; filing date: 2026-02-27 (timely within the Form 4 reporting window).
• Award amounts: 4,050; 675; and 6,263 derivative shares — total 10,988 units. Reported price per unit: $0. Total reported acquisition cost: $0.
• Shares owned after transaction: not disclosed in the provided filing summary.
• Footnotes from the filing:
  • F1: One RSU award vests March 1, 2029 if performance goals are met (the number shown is the maximum that may vest).
  • F2: One RSU award vests in three annual installments on March 1 if service requirements are met.
  • F3: One option vests in three annual installments beginning on the first anniversary of grant.
• Transaction code: A = Award/Grant (derivative securities). No 10b5-1 plan, tax withholding, or late filing noted in the provided data.

Context

• These are compensation awards (RSUs and an option) that typically vest over time or on meeting performance targets; they do not represent an immediate purchase of stock and are not an immediate sale for cash.
• Although the grant price is $0, the economic value depends on Cincinnati Financial’s share price when/if the awards vest and are settled. Awards tied to performance or continued service may not ultimately vest in full.
• Such grants are common executive compensation and should be interpreted as part of pay and retention programs rather than a direct market sentiment signal.