SPRAY STEPHEN M

PrivateCIK: 1549098

Location

CINCINNATI, OH

SPRAY STEPHEN M (President & CEO) exercised options at CINCINNATI FINANCIAL CORP

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

M · 4 exercises

SPRAY STEPHEN M

Filed: 3/4/2026ACC: 0001549098-26-000004

InsiderSPRAY STEPHEN MCIK 1549098

→

IssuerCINCINNATI FINANCIAL CORPCIK 20286

DirectorOfficer· President & CEO

Since Mar 2026

-6.73K

Net shares

Net seller

$1.10M

Total sold

0

Open market trades

0B · 0S

12

Total transactions

15.69K acquired · 22.43K disposed

Non-Derivative Transactions8

Common Stock

Direct

M · Option Exercise

Shares

+778.00

Price / share

—

Trade value

—

% of position

1.2%

3/2/2026

63.77K→64.55K

Common Stock

Direct

M · Option Exercise

Shares

+605.00

Price / share

—

Trade value

—

% of position

0.9%

3/2/2026

64.55K→65.16K

Common Stock

Direct

M · Option Exercise

Shares

+13.62K

Price / share

—

Trade value

—

% of position

20.9%

3/2/2026

65.16K→78.78K

Common Stock

Direct

M · Option Exercise

Shares

+688.00

Price / share

—

Trade value

—

% of position

0.9%

3/2/2026

78.78K→79.47K

Common Stock

Direct

F · Tax Withholding

Shares

−271.00

Price / share

$163.43

Trade value

$44.29K

% of position

0.3%

3/2/2026

79.47K→79.19K

Common Stock

Direct

F · Tax Withholding

Shares

−309.00

Price / share

$163.43

Trade value

$50.50K

% of position

0.4%

3/2/2026

79.19K→78.89K

Common Stock

Direct

F · Tax Withholding

Shares

−349.00

Price / share

$163.43

Trade value

$57.04K

% of position

0.4%

3/2/2026

78.89K→78.54K

Common Stock

Direct

F · Tax Withholding

Shares

−5.80K

Price / share

$163.43

Trade value

$948.71K

% of position

7.4%

3/2/2026

78.54K→72.73K

Total

Net shares

+8.96K

Net value

-$1.10M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/2/2026	M · Option Exercise	+778.00	—	—	1.2%	63.77K	64.55K
Common Stock Direct	3/2/2026	M · Option Exercise	+605.00	—	—	0.9%	64.55K	65.16K
Common Stock Direct	3/2/2026	M · Option Exercise	+13.62K	—	—	20.9%	65.16K	78.78K
Common Stock Direct	3/2/2026	M · Option Exercise	+688.00	—	—	0.9%	78.78K	79.47K
Common Stock Direct	3/2/2026	F · Tax Withholding	−271.00	$163.43	$44.29K	0.3%	79.47K	79.19K
Common Stock Direct	3/2/2026	F · Tax Withholding	−309.00	$163.43	$50.50K	0.4%	79.19K	78.89K
Common Stock Direct	3/2/2026	F · Tax Withholding	−349.00	$163.43	$57.04K	0.4%	78.89K	78.54K
Common Stock Direct	3/2/2026	F · Tax Withholding	−5.80K	$163.43	$948.71K	7.4%	78.54K	72.73K
Total			+8.96K		-$1.10M

Derivative Transactions4

Performance Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

13.62K shares

Shares

−13.62K

Strike price

0.00

Held after

0.00

Exercisable

—

3/2/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

605.00 shares

Shares

−605.00

Strike price

0.00

Held after

0.00

Exercisable

—

3/2/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

778.00 shares

Shares

−778.00

Strike price

0.00

Held after

778.00

Exercisable

—

3/2/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

688.00 shares

Shares

−688.00

Strike price

0.00

Held after

1.38K

Exercisable

—

3/2/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Performance Stock Units Direct	Common Stock13.62K shares	3/2/2026	M · Option Exercise	−13.62K	0.00	—	0.00
Restricted Stock Units Direct	Common Stock605.00 shares	3/2/2026	M · Option Exercise	−605.00	0.00	—	0.00
Restricted Stock Units Direct	Common Stock778.00 shares	3/2/2026	M · Option Exercise	−778.00	0.00	—	778.00
Restricted Stock Units Direct	Common Stock688.00 shares	3/2/2026	M · Option Exercise	−688.00	0.00	—	1.38K