Sandercox Robert Philip 4
4 · CINCINNATI FINANCIAL CORP · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Cincinnati Financial (CINF) Senior VP Sandercox Exercises 1,829 RSUs
What Happened
- Robert Philip Sandercox, Senior Vice President of Cincinnati Financial Corp (CINF), reported the vesting/conversion of 1,829 restricted/derivative shares on Feb 12, 2026. The vested shares were reported at $0 per share (typical for RSU conversions).
- To satisfy tax withholding, 616 of those shares were disposed/withheld at $163.12 per share for a total withholding amount of $100,482. The filing also shows a second derivative line for 1,829 shares reported as disposed at $0 (likely a reporting/mechanics entry).
Key Details
- Transaction date: February 12, 2026.
- Primary entries: 1,829 shares converted/vested (derivative exercise/conversion, code M) at $0; 616 shares withheld/disposed for taxes (code F) at $163.12 each = $100,482.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes of note:
- F2: These were restricted stock units that vest Feb 12, 2026 (if service requirements are met).
- F3: The filing also references phantom stock under the company’s Top Hat Savings Plan (Excess Benefits Plan) that is settled on retirement/termination.
- F1: Mentions shares acquired under the company 401(k) plan (plan mechanics/transferability).
- Filing date: Feb 17, 2026 (five days after the reported transaction). Form 4s are normally due within 2 business days; check the official filing for any timeliness flag.
Context
- This was not an open-market purchase or investment decision — it reflects RSU vesting and standard tax withholding (a common administrative sale of shares to cover taxes).
- The taxable value realized by the withholding was about $100.5k. Such withholding transactions are routine and do not by themselves indicate a buy or sell signal from the insider.
Insider Transaction Report
Form 4
Sandercox Robert Philip
Senior Vice President-Sub
Transactions
- Exercise/Conversion
Common Stock
2026-02-12+1,829→ 2,165.802 total - Tax Payment
Common Stock
2026-02-12$163.12/sh−616$100,482→ 1,549.802 total - Exercise/Conversion
Restricted Stock Units
[F2]2026-02-12−1,829→ 0 totalExercise: $0.00→ Common Stock (1,829 underlying)
Holdings
- 777.56(indirect: By 401(k))
Common Stock
[F1] - 792.78
Phantom Stock
[F3]Exercise: $0.00→ Common Stock (792.78 underlying)
Footnotes (3)
- [F1]The reported stock was acquired under the company's 401(k) plan. The reporting person may transfer the value of his shares into an alternative investment selection within the plan.
- [F2]The restricted stock units vest February 12, 2026, as set forth in the agreement, if service requirements are met.
- [F3]The reported phantom stock shares were acquired under the company's Top Hat Savings Plan, an "Excess Benefits Plan" within the meaning of Rule 16b-3(b)(2), and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock shares into an alternative investment selection within the plan.
Signature
/s/ Robert Philip Sandercox|2026-02-16