The reporting person is enrolled in quarterly dividend reinvestment. The beneficially owned shares have been adjusted to reflect shares purchased through the reinvestment plan.
Fu Luyang
Sr. VP, Chief Actuary - Sub·Direct
Exercise · Acquire
Common Stock
Shares+957
Price$71.19
Total Value$68.1K
Shares Owned After10.76K
Transaction DateApr 29, 2026
Fu Luyang
Sr. VP, Chief Actuary - Sub·Direct
Exercise · Dispose
Stock Option (Right to Buy)Derivative
Shares-957
Price$0.00
Total Value$0
Shares Owned After0
Transaction DateApr 29, 2026
ExpiresFeb 9, 2028
Footnotes ▸
The option vests in three annual installments beginning on the first anniversary of the date of grant. | The option vests in three annual installments beginning on the first anniversary of the date of grant.
Fu Luyang
Sr. VP, Chief Actuary - Sub·Direct
Phantom StockDerivative
Shares0
Price-
Total Value$0
Shares Owned After2.43K
Holding Only
Footnotes ▸
The reported phantom stock shares were acquired under the company's Top Hat Savings Plan, an "Excess Benefits Plan" within the meaning of Rule 16b-3(b)(2), and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock shares into an alternative investment selection within the plan. | The reported phantom stock shares were acquired under the company's Top Hat Savings Plan, an "Excess Benefits Plan" within the meaning of Rule 16b-3(b)(2), and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock shares into an alternative investment selection within the plan.
Fu Luyang
Sr. VP, Chief Actuary - Sub·Indirect · By 401(K) Plan
Common Stock
Shares0
Price-
Total Value$0
Shares Owned After1.01K
Footnotes ▸
The reported stock was acquired under the company's 401(k) plan. The reporting person may transfer the value of his shares into an alternative investment selection within the plan.
Post-Transaction Holdings
Fu Luyang
Security
Shares
Change
Common Stock
11.68K
+810 (7.45%)
Phantom Stock
2.43K
-
Stock Option (Right to Buy)
0
-957 (-100.00%)
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-04-29
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: CINCINNATI FINANCIAL CORP (CINF)
CIK: 0000020286
--- Reporting Owner ---
Name: Fu Luyang
CIK: 0002110299
Role: Officer (Sr. VP, Chief Actuary - Sub)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-04-29 | Code: M (Exercise of derivative)
Shares: +957 | Price: $71.19
Total Value: $68,128.83
Shares Owned After: 10,761.333 | Ownership: D (Direct)
[Transaction #2]
Security: Common Stock
Date: 2026-04-29 | Code: F (Payment of exercise/tax)
Shares: -147 | Price: $163.92
Total Value: $24,096.24
Shares Owned After: 10,670.127 | Ownership: D (Direct)
Footnotes:
[F1] The reporting person is enrolled in quarterly dividend reinvestment. The beneficially owned shares have been adjusted to reflect shares purchased through the reinvestment plan.
--- Derivative Transactions ---
[Transaction #1]
Security: Stock Option (Right to Buy)
Date: 2026-04-29 | Code: M (Exercise of derivative)
Shares: -957 | Price: $0.00
Exercisable: N/A | Expires: 2028-02-09
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F3] The option vests in three annual installments beginning on the first anniversary of the date of grant.
[F3] The option vests in three annual installments beginning on the first anniversary of the date of grant.
--- Holdings ---
[Holding #1]
Security: Common Stock
Ownership: I (Indirect)
Footnotes:
[F2] The reported stock was acquired under the company's 401(k) plan. The reporting person may transfer the value of his shares into an alternative investment selection within the plan.
[Holding #2]
Security: Phantom Stock
Ownership: D (Direct)
Footnotes:
[F4] The reported phantom stock shares were acquired under the company's Top Hat Savings Plan, an "Excess Benefits Plan" within the meaning of Rule 16b-3(b)(2), and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock shares into an alternative investment selection within the plan.
[F4] The reported phantom stock shares were acquired under the company's Top Hat Savings Plan, an "Excess Benefits Plan" within the meaning of Rule 16b-3(b)(2), and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock shares into an alternative investment selection within the plan.
--- Footnotes (Complete Index) ---
F1: The reporting person is enrolled in quarterly dividend reinvestment. The beneficially owned shares have been adjusted to reflect shares purchased through the reinvestment plan.
F2: The reported stock was acquired under the company's 401(k) plan. The reporting person may transfer the value of his shares into an alternative investment selection within the plan.
F3: The option vests in three annual installments beginning on the first anniversary of the date of grant.
F4: The reported phantom stock shares were acquired under the company's Top Hat Savings Plan, an "Excess Benefits Plan" within the meaning of Rule 16b-3(b)(2), and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock shares into an alternative investment selection within the plan.
--- Signature ---
/s/ /s/ Luyang Fu (2026-04-30)
