Form 4: CNO Financial Group Chief Actuary Reports Share Transactions
SEC Form 4 Filing
Jeremy David Williams, Chief Actuary of CNO Financial Group, reports acquisition and disposal of common stock and restricted stock units.
Summary
- On February 11, 2025, Jeremy David Williams, Chief Actuary of CNO Financial Group, reported transactions involving the company's stock.
- Williams acquired 3,798 shares of common stock at $37.95 per share upon the vesting of performance share units for the 2022-2024 performance period.
- He also disposed of 1,137 shares at $37.95 per share to cover tax withholding requirements related to the vesting of these units.
- Additionally, Williams acquired 3,000 restricted stock units, which convert into common stock on a one-for-one basis and vest in three equal annual installments starting March 25, 2026.
- Following these transactions, Williams beneficially owns 63,365 shares of common stock and 66,365 restricted stock units.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation. There are no indications of unusual or concerning activity.
Future Outlook
The restricted stock units vest in three equal annual installments beginning March 25, 2026, subject to continued employment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for company insiders, providing transparency into their trading activities and beneficial ownership of the company's securities.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider trading activity related to compensation.
Key Dates
| Date | Description |
|---|---|
| 2022-2024 | Performance period for performance share units. |
| 02/11/2025 | Date of the reported transactions. |
| 02/13/2025 | Date of signature on the Form 4 filing. |
| 03/25/2026 | First vesting date for the restricted stock units. |
Keywords
CNO Financial Group, Jeremy David Williams, Chief Actuary, Form 4, Stock Transactions, Common Stock, Restricted Stock Units, Beneficial Ownership, Vesting, Tax Withholding
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