CNO Financial (NYSE: CNO) CIO covers taxes with share surrender
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CNO Financial Group Chief Information Officer Michael E. Mead reported a routine tax-related share disposition. On March 25, 2026, he surrendered 1,953 shares of common stock at $40.61 per share to cover required tax withholding on vested restricted stock units. After this non-open-market transaction, he directly holds 22,513 shares of CNO common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mead Michael E.
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,953 | $40.61 | $79K |
Holdings After Transaction:
Common Stock — 22,513 shares (Direct)
Footnotes (1)
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FAQ
What did CNO (CNO) executive Michael E. Mead report in this Form 4?
Michael E. Mead reported surrendering shares to cover taxes, not an open-market trade. He disposed of 1,953 CNO common shares to satisfy required tax withholding on vested restricted stock units, a standard compensation-related event rather than a discretionary stock sale.
Was Michael E. Mead’s CNO (CNO) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 shows an F-code event where shares were surrendered to CNO to satisfy tax withholding on vested restricted stock units, a mechanical process rather than a discretionary decision to sell shares in the market.
What does transaction code F mean in Michael E. Mead’s CNO (CNO) Form 4?
Transaction code F indicates shares were used to pay a tax or exercise obligation. In this case, 1,953 CNO shares were surrendered to cover required tax withholding when Mead’s restricted stock units vested, classifying the event as a tax-withholding disposition, not a normal sale.