Steven J. Johnston - Mar 1, 2024 Form 4 Insider Report for CINCINNATI FINANCIAL CORP (CINF)

Role
Chairman & CEO, Director
Signature
/s/ Steven J Johnston
Stock symbol
CINF
Transactions as of
Mar 1, 2024
Transactions value $
-$126,850
Form type
4
Date filed
3/5/2024, 03:27 PM
Previous filing
Feb 21, 2024
Next filing
Oct 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CINF Common Stock Options Exercise $0 +956 +0.53% $0.00 183K Mar 1, 2024 Direct
transaction CINF Common Stock Options Exercise $0 +766 +0.42% $0.00 183K Mar 1, 2024 Direct
transaction CINF Common Stock Options Exercise $0 +801 +0.44% $0.00 184K Mar 1, 2024 Direct
transaction CINF Common Stock Tax liability -$40.2K -355 -0.19% $113.36 184K Mar 1, 2024 Direct
transaction CINF Common Stock Tax liability -$38.5K -340 -0.19% $113.36 183K Mar 1, 2024 Direct
transaction CINF Common Stock Tax liability -$48.1K -424 -0.23% $113.36 183K Mar 1, 2024 Direct

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 Restricted Stock Units Options Exercise $0 -801 -33.35% $0.00 1.6K Mar 1, 2024 Common Stock 801 $0.00 Direct F1
transaction CINF Restricted Stock Units Options Exercise $0 -766 -50.03% $0.00 765 Mar 1, 2024 Common Stock 766 $0.00 Direct F2
transaction CINF Restricted Stock Units Options Exercise $0 -956 -100% $0.00* 0 Mar 1, 2024 Common Stock 956 $0.00 Direct F3
holding CINF Phantom Stock Shares 172K Mar 1, 2024 Common Stock 172K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vested March 1, 2024, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2026.
F2 The restricted stock units vested March 1, 2024, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2025.
F3 The restricted stock units vested March 1, 2024, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2024.
F4 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.