Lisa Anne Love - Aug 21, 2023 Form 4 Insider Report for CINCINNATI FINANCIAL CORP (CINF)

Role
EVP/CLO & Corp Secy
Signature
/s/ Lisa Anne Love
Stock symbol
CINF
Transactions as of
Aug 21, 2023
Transactions value $
-$100,974
Form type
4
Date filed
8/23/2023, 03:05 PM
Previous filing
Mar 3, 2023
Next filing
Nov 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CINF Common Stock Options Exercise $219K +4.69K +10.04% $46.81 51.3K Aug 21, 2023 Direct
transaction CINF Common Stock Tax liability -$320K -3.09K -6.02% $103.58 48.3K Aug 21, 2023 Direct
transaction CINF Common Stock Gift $0 -100 -0.21% $0.00 48.2K Aug 23, 2023 Direct F1
holding CINF Common Stock 2.26K Aug 21, 2023 By Mother's Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CINF Stock Option (Right to Buy) Options Exercise $0 -4.69K -100% $0.00* 0 Aug 21, 2023 Common Stock 4.69K $46.81 Direct F2
holding CINF Phantom Stock Shares 16.6K Aug 21, 2023 Common Stock 16.6K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is enrolled in quarterly dividend reinvestment. The beneficially owned shares have been adjusted to reflect shares purchased through the reinvestment plan.
F2 The option vests in three annual installments beginning on the first anniversary of the date of grant.
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.