CNO Financial Group, Inc.·4

Mar 27, 4:55 PM ET

Franzese Yvonne K. 4

Research Summary

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CNO CHRO Yvonne Franzese Surrenders 6,049 Shares for Taxes

What Happened

  • Yvonne K. Franzese, Chief Human Resources Officer at CNO Financial Group (CNO), surrendered 6,049 shares on March 25, 2026 to satisfy tax withholding obligations related to vested restricted stock units. The shares were valued at $40.61 each, for a total of $245,650. This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.

Key Details

  • Transaction date and price: 2026-03-25 at $40.61 per share.
  • Shares surrendered/disposed: 6,049; total value ≈ $245,650.
  • Post-transaction holdings: Not stated in the Form 4 filing.
  • Filing timeliness: Form filed 2026-03-27 (timely within the two-business-day window).
  • Footnote: F1 — shares were surrendered to the issuer to cover required tax withholding on vested RSUs.

Context

  • This is a routine "sell to cover" for tax withholding when RSUs vest and does not necessarily indicate the insider's view of the company. It is categorized as a tax-withholding disposal rather than a market-driven sale or a purchase.