Steven J. Johnston - 03 Mar 2025 Form 4 Insider Report for CINCINNATI FINANCIAL CORP (CINF)

Role: Chairman, Director
Signature: /s/ Steven J Johnston
Issuer symbol: CINF
Transactions as of: 03 Mar 2025
Net transactions value: -$423,674
Form type: 4
Filing time: 05 Mar 2025, 16:19:22 UTC
Previous filing: 19 Feb 2025
Next filing: 31 Oct 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CINF	Common Stock	Options Exercise	$0	+765	+0.41%	$0.000000	188,703	03 Mar 2025	Direct
transaction	CINF	Common Stock	Options Exercise	$0	+4,132	+2.2%	$0.000000	192,835	03 Mar 2025	Direct
transaction	CINF	Common Stock	Options Exercise	$0	+800	+0.41%	$0.000000	193,635	03 Mar 2025	Direct
transaction	CINF	Common Stock	Options Exercise	$0	+931	+0.48%	$0.000000	194,566	03 Mar 2025	Direct
transaction	CINF	Common Stock	Tax liability	$50,284	-343	-0.18%	$146.60	194,223	03 Mar 2025	Direct
transaction	CINF	Common Stock	Tax liability	$58,493	-399	-0.21%	$146.60	193,824	03 Mar 2025	Direct
transaction	CINF	Common Stock	Tax liability	$48,085	-328	-0.17%	$146.60	193,496	03 Mar 2025	Direct
transaction	CINF	Common Stock	Tax liability	$266,812	-1,820	-0.94%	$146.60	191,676	03 Mar 2025	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	Performance Stock Units	Options Exercise	$0	-4,131	-100%	$0.000000	0	03 Mar 2025	Common Stock	4,131	$0.000000	Direct	F1
transaction	CINF	Restricted Stock Units	Options Exercise	$0	-765	-100%	$0.000000	0	03 Mar 2025	Common Stock	765	$0.000000	Direct	F2
transaction	CINF	Restricted Stock Units	Options Exercise	$0	-800	-50%	$0.000000	801	03 Mar 2025	Common Stock	800	$0.000000	Direct	F3
transaction	CINF	Restricted Stock Units	Options Exercise	$0	-931	-33%	$0.000000	1,861	03 Mar 2025	Common Stock	931	$0.000000	Direct	F4
holding	CINF	Phantom Stock Shares						182,495	03 Mar 2025	Common Stock	182,495	$0.000000	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units became payable March 1, 2025. The performance goals were met at threshold level.
F2	The restricted stock units vested March 1, 2025, 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, 2025, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2026.
F4	The restricted stock units vested March 1, 2025, as set forth in the grant agreement providing for ratable vesting over a three year service period ending March 1, 2027.
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.