Form 4: CNO Financial Group Chief Investment Officer Reports Tax Withholding Transaction
SEC Form 4 Filing
Eric R. Johnson, Chief Investment Officer of CNO Financial Group, reports the surrender of shares to cover tax withholding on vested restricted stock units.
Summary
- On March 25, 2024, Eric R. Johnson, the Chief Investment Officer of CNO Financial Group, Inc., surrendered 7,111 shares of common stock to the issuer.
- The shares were surrendered to cover required tax withholding on vested restricted stock units.
- The transaction was executed at a price of $26.86 per share.
- Following the transaction, Johnson beneficially owns 615,236 shares of CNO Financial Group, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document reports a routine transaction related to tax obligations.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/25/2024 | Date of transaction: surrender of shares for tax withholding. |
| 03/27/2024 | Date of signature on the Form 4 filing. |
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