Michael A. Costonis - 15 Mar 2023 Form 4 Insider Report for CNA FINANCIAL CORP (CNA)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
17 Mar 2023, 12:08:29 UTC
Prior SEC filing
17 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Stathy Darcy by Power of Attorney for Michael A. Costonis

Key filing fact

Michael A. Costonis filed Form 4 for CNA FINANCIAL CORP (CNA) on 17 Mar 2023.

Key facts

  • This page summarizes Michael A. Costonis's Form 4 filing for CNA FINANCIAL CORP (CNA).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 17 Mar 2023, 12:08.

Change

  • Previous filing in this sequence was filed on 17 Mar 2022.
  • Current net transaction value: -$626,206.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CNA transaction

Common Stock

Award

Transaction value
$0
Shares
+33,489
Change %
+31%
Price
$0.000000
Shares after
141,662
Date
15 Mar 2023
Ownership
Direct
Footnotes
F1, F2
CNA transaction

Common Stock

Tax liability

Transaction value
$626,206
Shares
-16,998
Change %
-12%
Price
$36.84
Shares after
124,664
Date
15 Mar 2023
Ownership
Direct
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The Company's Incentive Compensation Plan (as amended and restated as of January 1, 2020) provides for the issuance of CNA Financial Corporation's common stock under the Performance Share Plan (PSP) awards based upon achievement of predetermined financial goals for the 2022 performance cycle. 33,489 PSP shares were achieved and will cliff vest on March 15, 2025. No performance share unit shall vest on such vesting date unless the reporting person has been continuously employed by CNA Financial Corporation from the grant date until such vesting date except as otherwise specified in award terms and employment agreement, if any.

Footnote F2

The Reporting Person received the CNAF shares at no cost.

Footnote F3

The Company's Incentive Compensation Plan (as amended and restated as of January 1, 2020) permits the withholding of shares of common stock to satisfy tax withholding obligations of the participants.

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