Form 4: CNO Financial Group Executive Reports Tax Withholding Transaction
SEC Form 4 Filing
Jeanne L. Linnenbringer, Chief Operations Officer of CNO Financial Group, reports the surrender of shares to cover tax withholding on vested restricted stock units.
Summary
- On August 9, 2024, Jeanne L. Linnenbringer, Chief Operations Officer of CNO Financial Group, surrendered 3,940 shares of common stock to cover required tax withholding on vested restricted stock units.
- The shares were surrendered at a price of $31.67 per share.
- Following the transaction, Linnenbringer beneficially owns 45,648 shares of CNO Financial Group common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations; it doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in company stock. This is a routine transaction related to tax obligations on vested equity.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of transaction: surrender of shares for tax withholding |
| 08/13/2024 | Date of signature by Attorney-in-Fact |
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