Fu Luyang 4

4 · CINCINNATI FINANCIAL CORP · Filed Feb 27, 2026

AI-generated summary of this filing

Updated Feb 27, 2026

Cincinnati Financial (CINF) SVP Fu Luyang Receives 12,856-Share Award

What Happened

Fu Luyang, Senior Vice President (Sub) at Cincinnati Financial Corp (CINF), was granted awards totaling 12,856 shares on February 25, 2026. The grants are reported as derivative awards (code A) at $0.00 per share (i.e., restricted stock units/phantom shares), so no cash purchase or open-market sale occurred.
Breakdown: 4,738 shares, 790 shares, and 7,328 shares were reported in three separate award entries on that date. These awards increase potential future equity exposure but are subject to vesting/settlement rules.

Key Details

Transaction date: 2026-02-25; filing date: 2026-02-27 (timely filing).
Price: $0.00 per share (award/grant – derivative).
Total shares granted: 12,856.
Shares owned after transaction: not specified in the provided filing excerpt.
Notable footnotes from the filing:
- Some shares were acquired under the company's 401(k) plan and may be reallocated within the plan (F1).
- Certain restricted stock units are performance-based and vest March 1, 2029, subject to achieving goals (maximum amounts shown) (F2).
- Other RSUs vest in three annual installments on March 1, subject to service (F3).
- Reported phantom stock shares are held in the Top Hat (Excess Benefits) plan and will be settled on retirement/termination; value may be reallocated within that plan (F5).

Context

These were grants of restricted/phantom equity (derivative awards), not market purchases or sales. Such awards are typically compensation-based and vest over time or upon meeting performance/service conditions, so they do not necessarily reflect immediate buying/selling intent.
For retail investors, award grants signal potential future dilution and that the insider will gain equity only if/when vesting conditions are satisfied.

Form 4

Period: 2026-02-25

Senior Vice President-Sub

Transactions

Award
Performance Stock Units
[F2]
2026-02-25+4,738→ 4,738 total
Exercise: $0.00→ Common Stock (4,738 underlying)
Award
Restricted Stock Units
[F3]
2026-02-25+790→ 790 total
Exercise: $0.00→ Common Stock (790 underlying)
Award
Stock Option (Right to Buy)
[F4]
2026-02-25+7,328→ 7,328 total
Exercise: $162.22From: 2027-02-25Exp: 2036-02-25→ Common Stock (7,328 underlying)

Holdings

Footnotes (5)

[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 March 1, 2029 , as set forth in the grant agreement, if performance goals are met. The number of restricted stock units shown is the maximum number of such units that may vest.
[F3]The restricted stock units vest in three annual installments on March 1, as set forth in the grant agreement, if service requirements are met.
[F4]The option vests in three annual installments beginning on the first anniversary of the date of grant.
[F5]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|2026-02-26

1 file