Goldberg Scott L. 4

What Happened
Scott L. Goldberg, President of the Consumer Division at CNO Financial, exercised a total of 22,120 stock options (11,060 on 2026-03-19 and 11,060 on 2026-03-20) at an exercise price of $21.06 per share (total cash paid $465,848). He then sold the 22,120 shares in open-market transactions: 11,060 shares on 2026-03-19 at a weighted average price of $39.97 (gross proceeds $442,078) and 11,060 shares on 2026-03-20 at a weighted average price of $39.54 (gross proceeds $437,346). The filing also reports the corresponding derivative instruments as disposed at $0, which reflects the options being exercised.

Key Details

• Transaction dates: 2026-03-19 and 2026-03-20. Filing date: 2026-03-23 (filing is within typical SEC timing for these transactions).
• Options exercised: 22,120 shares total at $21.06 per share (total exercise cost shown as $232,924 on each date; $465,848 total).
• Shares sold: 22,120 shares total; gross sale proceeds ~$442,078 (3/19) + ~$437,346 (3/20) = ~$879,424.
• Sales executed pursuant to a Rule 10b5-1 trading plan adopted Nov 6, 2025 (footnote F1).
• Weighted average sale prices reported; sale price ranges provided in footnotes (F2 and F3); reporting person will provide per-price details on request.
• Vesting note: the underlying options vested in two tranches (one-half in Feb 2019 and one-half in Feb 2020) (footnote F4).
• Shares owned after the transactions are not specified in the provided excerpt.

Context
This was an exercise of vested options followed by immediate or near-immediate open-market sales (commonly a “cashless” outcome), executed under a pre-established 10b5-1 plan — a routine mechanism executives use to sell shares while reducing questions about trading on inside information. The filing is factual and does not indicate the insider’s motives; purchases generally carry more informational weight than routine option exercises followed by sales.