STOCK TITAN

CNO (CNO) CEO uses 45,746 shares to cover RSU tax withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CNO Financial Group Chief Executive Officer Gary C. Bhojwani reported a tax-related share disposition. On March 25, 2026, he surrendered 45,746 shares of Common Stock at $40.61 per share to the company to cover required tax withholding on vested restricted stock units.

After this withholding transaction, Bhojwani directly owned 231,780 shares of CNO common stock and indirectly owned 635,471 shares through the Gary C. Bhojwani Revocable Trust. The Form 4 does not show any open-market purchase or sale; the reported disposition reflects a compensation-related tax payment mechanism.

Positive

  • None.

Negative

  • None.
Insider Bhojwani Gary C.
Role Chief Executive Officer
Type Security Shares Price Value
Tax Withholding Common Stock 45,746 $40.61 $1.86M
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 231,780 shares (Direct); Common Stock — 635,471 shares (Indirect, Gary C. Bhojwani Revocable Trust)
Footnotes (1)
  1. [object Object]
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bhojwani Gary C.

(Last)(First)(Middle)
C/O CNO FINANCIAL GROUP, INC.
11299 ILLINOIS STREET, SUITE 200

(Street)
CARMEL INDIANA 46032

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CNO Financial Group, Inc. [ CNO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/25/2026F45,746(1)D$40.61231,780D
Common Stock635,471IGary C. Bhojwani Revocable Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares were surrendered to the issuer to cover the required tax withholding on vested restricted stock units.
Remarks:
Heidi M. Krings, Attorney-in-Fact03/27/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CNO (CNO) CEO Gary Bhojwani report?

Gary C. Bhojwani reported surrendering 45,746 shares of CNO common stock to the company. The shares were used to satisfy tax withholding obligations arising from vested restricted stock units, rather than an open-market stock sale or purchase.

Was the CNO (CNO) CEO’s Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were surrendered back to CNO Financial Group to cover required taxes on vested restricted stock units, a routine administrative step tied to equity compensation.

How many CNO (CNO) shares did the CEO surrender for tax withholding?

Gary C. Bhojwani surrendered 45,746 shares of CNO common stock. The transaction price reported was $40.61 per share, with the shares delivered to the issuer specifically to cover required tax withholding on recently vested restricted stock units.

What are Gary Bhojwani’s CNO (CNO) direct share holdings after the Form 4 transaction?

Following the tax-withholding disposition, Gary C. Bhojwani directly owned 231,780 shares of CNO common stock. This post-transaction figure reflects his remaining direct holdings after surrendering shares to satisfy tax obligations tied to vested restricted stock units.

What indirect CNO (CNO) holdings does the CEO report after this filing?

In addition to direct ownership, Gary C. Bhojwani reported indirect ownership of 635,471 CNO shares. These shares are held through the Gary C. Bhojwani Revocable Trust, as disclosed in the Form 4 under indirect ownership with the trust identified by name.

What does transaction code F mean in the CNO (CNO) CEO’s Form 4?

Transaction code F indicates a disposition to pay an exercise price or tax liability using shares. In this case, Bhojwani delivered CNO shares back to the issuer to cover required tax withholding owed on vested restricted stock units granted as compensation.