CNO Financial Group CIO Mead Michael E. sells shares worth $1.19M on July 3 and 7.

CNO Financial Group, Inc. (CNO) has announced that Mead Michael E., the company's Chief Information Officer, has recently sold 12,389 shares at $38.2 per share on July 3, 2025, and 12,581 shares at $37.97 per share on July 7, 2025.

CNO Financial Group, Inc. (CNO) has announced that Mead Michael E., the company's Chief Information Officer, has recently sold 12,389 shares at $38.2 per share on July 3, 2025, and 12,581 shares at $37.97 per share on July 7, 2025. The sales were made pursuant to Rule 144 under the Securities Act of 1933, as filed with the Securities and Exchange Commission (SEC).

The total proceeds from these transactions amount to $473,256.08 and $479,586.77, respectively. These sales are part of the company's ongoing efforts to comply with SEC regulations regarding the sale of securities by insiders. The sales were made through Morgan Stanley Smith Barney LLC, an executive financial services broker based in New York City.

The sales do not appear to be part of a larger trend, as the company has not reported any significant changes in its stock holdings over the past three months. Additionally, the sales do not indicate any material adverse information about the company's current or prospective operations, as per the notice filed with the SEC [1].

CNO Financial Group, Inc. is a financial services provider that develops, markets, and administers health insurance, annuity, individual life insurance, insurance products, and financial services for senior and middle-income markets in the United States. The company offers Medicare supplement, supplemental health, and long-term care insurance policies; life insurance; and annuities, as well as Medicare advantage plans to individuals through phone, online, mail, and face-to-face.

The company's stock has been the subject of increased institutional interest in recent quarters. Allspring Global Investments Holdings LLC, for example, increased its holdings in CNO by 15.0% during the first quarter of 2025, while several other hedge funds also modified their holdings in the company [2].

References:
[1] https://www.streetinsider.com/SEC+Filings/Form++144++++++++CNO+Financial+Group%2C+++++++++++++++++++Filed+by%3A+Mead+Michael+E./25016711.html
[2] https://www.marketbeat.com/instant-alerts/filing-allspring-global-investments-holdings-llc-boosts-stake-in-cno-financial-group-inc-nysecno-2025-07-01/