Fu Luyang 4
4 · CINCINNATI FINANCIAL CORP · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Cincinnati Financial (CINF) SVP Fu Luyang Exercises RSUs; 106 Shares Withheld
What Happened
- Fu Luyang, Senior Vice President (subsidiary), had 313 restricted/derivative awards convert to common shares on Feb 12, 2026. The filing shows an acquisition of 313 shares at $0.00 (conversion/exercise) and a corresponding disposition of the derivative instrument. To cover tax withholding, 106 of the newly issued shares were surrendered/disposed at $163.12 each, totaling $17,291. This was a vesting/settlement event with shares issued and withheld for taxes — not an open-market sale or purchase signaling a trading decision.
Key Details
- Transaction date: 2026-02-12 (filed with SEC on 2026-02-17).
- Entries: two M-code entries for exercise/conversion (313 shares at $0.00) and an F-code tax withholding entry (106 shares disposed at $163.12 = $17,291).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: F2 confirms the restricted stock units vested on Feb 12, 2026 if service requirements were met. F3 indicates some reported shares relate to a Top Hat (phantom) savings plan that is settled on retirement or termination. F1 notes some reported stock may be held in the company 401(k) plan.
- Timeliness: filing date is Feb 17 for Feb 12 transactions; the filing does not show a late-report flag in the provided data.
Context
- This was a vesting/settlement and tax-withholding event (shares surrendered to cover taxes), not an open-market sale. For retail investors, such transactions are routine compensation mechanics and do not necessarily indicate insider sentiment about the stock.
Insider Transaction Report
Form 4
Fu Luyang
Senior Vice President-Sub
Transactions
- Exercise/Conversion
Common Stock
2026-02-12+313→ 9,910.333 total - Tax Payment
Common Stock
2026-02-12$163.12/sh−106$17,291→ 9,804.333 total - Exercise/Conversion
Restricted Stock Units
[F2]2026-02-12−313→ 0 totalExercise: $0.00→ Common Stock (313 underlying)
Holdings
- 956.56(indirect: By 401(k))
Common Stock
[F1] - 2,299.32
Phantom Stock
[F3]Exercise: $0.00→ Common Stock (2,299.32 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/ Luyang Fu|2026-02-16