JOHNSTON STEVEN J (Chairman) exercised options at CINCINNATI FINANCIAL CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 4 exercises

JOHNSTON STEVEN J

Filed: 3/4/2026ACC: 0001184041-26-000004

InsiderJOHNSTON STEVEN JCIK 1184041

→

IssuerCINCINNATI FINANCIAL CORPCIK 20286

DirectorOfficer· Chairman

Since Mar 2026

-12.70K

Net shares

Net seller

$2.08M

Total sold

Open market trades

0B · 0S

Total transactions

30.86K acquired · 43.56K disposed

Non-Derivative Transactions8

Common Stock

Direct

M · Option Exercise

+801.00

Price / share

—

Trade value

—

% of position

0.4%

3/2/2026

195.68K→196.48K

Common Stock

Direct

M · Option Exercise

+28.82K

Price / share

—

Trade value

—

% of position

14.7%

3/2/2026

196.48K→225.29K

Common Stock

Direct

M · Option Exercise

+930.00

Price / share

—

Trade value

—

% of position

0.4%

3/2/2026

225.29K→226.22K

Common Stock

Direct

M · Option Exercise

+313.00

Price / share

—

Trade value

—

% of position

0.1%

3/2/2026

226.22K→226.54K

Common Stock

Direct

F · Tax Withholding

−132.00

Price / share

$163.43

Trade value

$21.57K

% of position

0.1%

3/2/2026

226.54K→226.41K

Common Stock

Direct

F · Tax Withholding

−392.00

Price / share

$163.43

Trade value

$64.06K

% of position

0.2%

3/2/2026

226.41K→226.01K

Common Stock

Direct

F · Tax Withholding

−337.00

Price / share

$163.43

Trade value

$55.08K

% of position

0.1%

3/2/2026

226.01K→225.68K

Common Stock

Direct

F · Tax Withholding

−11.84K

Price / share

$163.43

Trade value

$1.93M

% of position

5.2%

3/2/2026

225.68K→213.84K

Total

Net shares

+18.16K

Net value

-$2.08M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/2/2026	M · Option Exercise	+801.00	—	—	0.4%	195.68K	196.48K
Common Stock Direct	3/2/2026	M · Option Exercise	+28.82K	—	—	14.7%	196.48K	225.29K
Common Stock Direct	3/2/2026	M · Option Exercise	+930.00	—	—	0.4%	225.29K	226.22K
Common Stock Direct	3/2/2026	M · Option Exercise	+313.00	—	—	0.1%	226.22K	226.54K
Common Stock Direct	3/2/2026	F · Tax Withholding	−132.00	$163.43	$21.57K	0.1%	226.54K	226.41K
Common Stock Direct	3/2/2026	F · Tax Withholding	−392.00	$163.43	$64.06K	0.2%	226.41K	226.01K
Common Stock Direct	3/2/2026	F · Tax Withholding	−337.00	$163.43	$55.08K	0.1%	226.01K	225.68K
Common Stock Direct	3/2/2026	F · Tax Withholding	−11.84K	$163.43	$1.93M	5.2%	225.68K	213.84K
Total			+18.16K		-$2.08M

Derivative Transactions4

Performance Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

28.82K shares

−28.82K

Strike price

0.00

Held after

0.00

Exercisable

—

3/2/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

801.00 shares

−801.00

Strike price

0.00

Held after

0.00

Exercisable

—

3/2/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

930.00 shares

−930.00

Strike price

0.00

Held after

931.00

Exercisable

—

3/2/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

313.00 shares

−313.00

Strike price

0.00

Held after

626.00

Exercisable

—

3/2/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Performance Stock Units Direct	Common Stock28.82K shares	3/2/2026	M · Option Exercise	−28.82K	—	0.00
Restricted Stock Units Direct	Common Stock801.00 shares	3/2/2026	M · Option Exercise	−801.00	—	0.00
Restricted Stock Units Direct	Common Stock930.00 shares	3/2/2026	M · Option Exercise	−930.00	—	931.00
Restricted Stock Units Direct	Common Stock313.00 shares	3/2/2026	M · Option Exercise	−313.00	—	626.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)1

Phantom Stock Shares

Direct

Underlying security

Common Stock

Underlying shares

187.27K

Shares owned

187.27K

Exercise price

0.00

Expiration

—

Exercise window

—

Total

Underlying

187.27K

Owned

187.27K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Phantom Stock Shares Direct	Common Stock	0.00	—	—	187.27K	187.27K
Total					187.27K	187.27K