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Companies Cincinnati Financial Corp

Cincinnati Financial (CINF): executive pay, fiscal 2025

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CEO total pay$5,943,492CEO Stephen Spray · source
Say-on-pay support96.39%Latest vote · source
CEO vs. named peers11th pct.Of 9 peer CEOs
CEO pay ratio46.3:1To the median employee · source

CEO pay, last three years

  • $4,708,647FY2023
  • $8,784,200FY2024
  • $5,943,492FY2025

CEO total pay was $5,943,492 in fiscal 2025, down from $8,784,200 in fiscal 2024.

FY2025: salary $1,130,250 · bonus $0 · stock awards $1,768,274 · option awards $1,703,668

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Cincinnati Financial Corp in fiscal 2025?
As disclosed, Stephen Spray (President and Chief Executive Officer) was the highest-paid executive at Cincinnati Financial Corp in fiscal 2025, with total compensation of $5,943,492.
How does Cincinnati Financial Corp's chief executive pay compare to its disclosed peer group?
As disclosed, Stephen Spray's total compensation ranked at the 11th percentile of Cincinnati Financial Corp's disclosed peer group.
What is Cincinnati Financial Corp's CEO-to-median employee pay ratio?
As disclosed, Cincinnati Financial Corp's CEO-to-median employee pay ratio was 46.3:1.
How did shareholders vote on Cincinnati Financial Corp's executive compensation?
As disclosed, 96.39% of shareholders supported Cincinnati Financial Corp's executive compensation in the latest say-on-pay vote.
How much does Cincinnati Financial Corp spend in total on board compensation for fiscal 2025?
As disclosed, Cincinnati Financial Corp reported total board compensation of $3,492,408 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Stephen Spray$1,130,250$0$1,768,274$1,703,668$681,450$619,823$40,027$5,943,492
President and Chief Executive Officer
Michael Sewell1,073,13701,146,1591,011,001404,3840313,8013,948,482
Chief Financial Officer, Executive Vice President and Treasurer
Steven Johnston513,7500804,764774,399309,7500373,7792,776,442
Executive Chairman of the Board and former Chief Executive Officer
John Kellington748,2970799,736704,960281,9770184,4902,719,460
Chief Information Officer and Executive Vice President
Teresa Cracas681,3520728,436641,910256,7500189,7642,498,212
Chief Risk Officer and Executive Vice President

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Stephen Spray$5,943,492$8,784,200$4,708,647↓ −2,840,708
Michael Sewell3,948,4825,993,0864,926,421↓ −2,044,604
Steven Johnston2,776,4429,884,7208,381,511↓ −7,108,278
John Kellington2,719,4604,139,6733,397,639↓ −1,420,213
Teresa Cracas2,498,2123,798,2373,112,092↓ −1,300,025

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The objective of our compensation program is to attract, motivate, reward, develop and retain the executive talent required for our long-term success. To achieve this objective, we seek to ensure that compensation is competitive and that there is a direct link between pay and performance.

CEO STI target (% of salary)200%
CEO LTI target (% of salary)—
Independent consultantnot disclosed
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Steven JohnstonPSU2025-02-171,6895,630—11,260$680,273
Teresa CracasRSU2025-02-17——1,245—162,871
Michael SewellRSU2025-11-14——10—1,651
Teresa CracasPSU2025-02-171,4014,667—9,334563,914
Stephen SprayPSU2025-02-173,71612,385—24,7701,496,480
Michael SewellRSU2025-02-17——1,960—256,407
Stephen SprayRSU2025-11-14——10—1,651
John KellingtonPSU2025-02-171,5385,125—10,250619,254
John KellingtonOPTION2025-02-17——16,000—704,960
Teresa CracasRSU2025-11-14——10—1,651
Steven JohnstonOPTION2025-02-17——17,576—774,399
Stephen SprayRSU2025-02-17——2,065—270,143
Steven JohnstonRSU2025-11-14——10—1,651
John KellingtonRSU2025-11-14——10—1,651
Teresa CracasOPTION2025-02-17——14,569—641,910
Steven JohnstonRSU2025-02-17——939—122,840
Michael SewellPSU2025-02-172,2057,350—14,700888,101
Michael SewellOPTION2025-02-17——22,946—1,011,001
John KellingtonRSU2025-02-17——1,367—178,831
Stephen SprayOPTION2025-02-17——38,667—1,703,668

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Steven Johnston$124,491$680,273$774,39943.1%
Teresa Cracas164,522563,914641,91041.2%
Michael Sewell258,058888,1011,011,00141.2%
Stephen Spray271,7941,496,4801,703,66843.1%
John Kellington180,482619,254704,96041.2%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Teresa CracasRSU423—$69,084
John KellingtonRSU465—75,944
Stephen SprayRSU605—98,809
Michael SewellRSU667—108,934
Steven JohnstonRSU801—130,819
Steven JohnstonRSU939—153,357
Teresa CracasRSU984—160,707
John KellingtonRSU1,081—176,549
Teresa CracasRSU1,245—203,333
John KellingtonRSU1,367—223,258
Michael SewellRSU1,549—252,983
Stephen SprayRSU1,556—254,126
Steven JohnstonRSU1,861—303,939
Michael SewellRSU1,960—320,107
Stephen SprayRSU2,065—337,256
Teresa CracasPSU4,667—762,214
Teresa CracasPSU4,761—777,567
John KellingtonPSU5,125—837,015
Teresa CracasOption5,213125.57—
John KellingtonPSU5,229—854,000
Teresa CracasPSU5,533—903,650
Steven JohnstonPSU5,630—919,492
John KellingtonOption5,726125.57—
John KellingtonPSU6,077—992,496
Stephen SprayPSU6,810—1,112,209
Michael SewellPSU7,350—1,200,402
Stephen SprayOption7,458125.57—
Michael SewellPSU7,498—1,224,573
Michael SewellOption8,211125.57—
Michael SewellPSU8,715—1,423,334
Stephen SprayPSU12,385—2,022,718
Teresa CracasOption12,514112.36—
John KellingtonOption13,743112.36—
Stephen SprayPSU14,003—2,286,970
Steven JohnstonPSU14,409—2,353,278
Teresa CracasOption14,569137.56—
Steven JohnstonOption15,779125.57—
John KellingtonOption16,000137.56—
Steven JohnstonPSU16,747—2,735,120
Steven JohnstonOption17,576137.56—
Michael SewellOption19,709112.36—
Michael SewellOption22,946137.56—
Stephen SprayOption31,670112.36—
Steven JohnstonOption37,875112.36—
Stephen SprayOption38,667137.56—
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Dirk J. DebbinkIndependent · Lead Independent Director · Audit · Executive · Investment · Nominating (Chair)$228,000$135,020$0$0$17,922$380,942
Gretchen W. ScharIndependent · Audit (Chair) · Compensation · Nominating160,000135,0200012,313307,333
David P. OsbornIndependent · Audit · Compensation (Chair) · Investment166,000135,020003,150304,170
Larry R. WebbIndependent · Executive · Investment136,500135,0200024,021295,541
Nancy C. BenacciIndependent · Audit · Investment141,000135,0200012,157288,177
Douglas S. SkidmoreIndependent · Executive · Nominating135,000135,0200018,054288,074
Charles O. SchiffIndependent · Investment135,000135,0200016,067286,087
Cheng-sheng Peter WuIndependent · Audit135,000135,0200015,962285,982
Linda W. Clement-HolmesIndependent · Audit · Compensation · Nominating135,000135,0200015,545285,565
John F. Steele, JrIndependent · Executive135,000135,0200014,755284,775
Jill P. MeyerIndependent · Compensation · Nominating135,000135,020001,568271,588
Edward S. WilkinsIndependent · Audit · Newly elected99,56099,6310014,983214,174
Steven J. JohnstonEmployee director · Board Chair · Executive (Chair) · Investment (Chair)000000
Stephen M. SprayEmployee director · Executive · Investment000000

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$75,000
Per board meeting fee$4,500
Committee chair fees (audit / comp / nom-gov)25,000 / 25,000
Stock ownership guidelineAll of our directors and executive officers are in compliance with our published stock ownership guidelines.

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,741,060
Equity awards (grant-date value)$1,584,851
All other compensation$166,497
Total cost of the board$3,492,408

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Cincinnati Financial as a peer

Companies that benchmark against CINF

20 companies name CINF as a compensation peer

Each company listed discloses CINF in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CINF in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

Of the companies Cincinnati Financial Corp names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Cincinnati Financial Corp.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1The Travelers Companies Inc.2025Alan Schnitzer$1,450,000$9,417,364$6,100,056$9,000,000$26,968,756
2The Allstate Corporation2025Thomas Wilson1,465,38510,886,4004,530,2275,597,23522,920,898
3Hartford Financial Services Group Inc.2025Christopher Swift1,200,00010,982,7903,412,5005,808,00022,114,212
4W.R. Berkley Corporation2025W. Robert Berkley, Jr.1,097,8003,850,038011,176,03016,823,866
5Markel Group Inc.2025Thomas Gayner1,100,0009,226,08103,740,00014,124,065
6CNA Financial Corporation2025Douglas Worman1,100,0004,999,97005,500,00012,619,149
7Hanover Insurance Group Inc.2025John Roche1,138,4624,603,5571,400,0233,220,00010,486,571
8Selective Insurance Group Inc.2025John Marchioni1,050,0001,575,000095,9076,858,564
9Cincinnati Financial Corp2025Stephen Spray1,130,2501,768,2741,703,668681,4505,943,492
10United Fire Group Inc.2025Kevin Leidwinger821,0001,656,00801,350,9343,896,774

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Cincinnati Financial Corp30%Options 50 · PSU 50Nonot disclosed
CNA Financial Corporationnot disclosedPSU 100not disclosedWillis Towers Watson
Hanover Insurance Group Inc.140%PSU 50 · RSU 25 · Options 25NoCompensation Advisory Partners LLC
Hartford Financial Services Group Inc.176%not disclosedYes — Peer-relative TSRCompensation Advisory Partners, LLP (CAP)
Markel Group Inc.not disclosedPRSU 75 · RSU 25NoCAP
Selective Insurance Group Inc.150.0%RSU 75 · Cash LTI 25Yes — Cumulative TSR over the three-year performance periodExequity LLP
The Allstate Corporation127.2%PSA 70 · Option 30Yes — Relative Total Shareholder Return (TSR)Pay Governance
The Travelers Companies Inc.not disclosedPSU 60 · Option 40NoFW Cook
United Fire Group Inc.not disclosedPSU 50 · RSU 50NoMercer LLC
W.R. Berkley Corporationnot disclosedPSU 100NoMeridian Compensation Partners, LLC

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-02118,190,8634,425,146263,47196.39%Passed
20252025-05-03117,868,7745,603,679879,23695.46%Passed
20242024-05-04112,585,1274,891,426606,60695.84%Passed
20232023-05-06119,931,6795,407,743434,00695.69%Passed
20222022-05-07119,633,5185,636,563764,39295.5%Passed
20212021-05-08124,044,9033,664,488745,64097.13%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20262026-05-0296.39%a
20252025-05-0395.46%b
20242024-05-0495.84%c

a. Approved under the standard stated in the filing — “Abstentions and broker nonvotes have no effect on the voting for this proposal.”.

b. Approved under the standard stated in the filing — “Votes to abstain have the same effect as votes against the proposal. Broker nonvotes have no effect on the voting for this proposal.”.

c. Approved under the standard stated in the filing — “Votes to abstain have the same effect as votes against the proposal.”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)46.3 : 1
CEO total compensation$5,943,492
Median employee compensation$128,245
Insider trades since the proxy

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Luyang FuSr. VP, Chief Actuary - Sub2026-04-29D147$164$24,096CommonForm 4 ↗
Luyang FuSr. VP, Chief Actuary - Sub2026-04-29A9577168,129CommonForm 4 ↗
Teresa CracasEVP, Chief Risk Off. - Sub2026-04-29D15,38600Derivative, Class A CommonForm 4 ↗
John KellingtonEVP, Chief Info Off. -Sub2026-04-29D28,15600Derivative, Class A CommonForm 4 ↗
John KellingtonEVP, Chief Info Off. -Sub2026-04-29D18,9351643,103,825CommonForm 4 ↗
John KellingtonEVP, Chief Info Off. -Sub2026-04-29A28,156712,004,426CommonForm 4 ↗
Teresa CracasEVP, Chief Risk Off. - Sub2026-04-29A15,386711,087,790CommonForm 4 ↗
Dividend-equivalent accruals2026-04-29—957——1 insider, 1 accrual row
Teresa CracasEVP, Chief Risk Off. - Sub2026-04-29D10,3211641,691,818CommonForm 4 ↗
Michael SewellCFO, EVP & Treasurer2026-05-01D36,90900Derivative, Class A CommonForm 4 ↗
Michael SewellCFO, EVP & Treasurer2026-05-01D8,8221641,442,750CommonForm 4 ↗
Michael SewellCFO, EVP & Treasurer2026-05-01A36,909712,609,466CommonForm 4 ↗
Roger A. BrownSr VP, COO - Subsidary2026-05-05D6,90000Derivative, Class A CommonForm 4 ↗
Roger A. BrownSr VP, COO - Subsidary2026-05-05D4,685160749,038CommonForm 4 ↗
Roger A. BrownSr VP, COO - Subsidary2026-05-05A6,90071491,211CommonForm 4 ↗
Roger A. BrownSr VP, COO - Subsidary2026-05-05D2,50000CommonForm 4 ↗
Dividend-equivalent accruals2026-05-07—1,444——1 insider, 2 accrual rows
Thomas Christopher HoganEVP/CLO & Corp Secretary2026-05-07D7416111,911CommonForm 4 ↗
Thomas Christopher HoganEVP/CLO & Corp Secretary2026-05-07D14516123,339CommonForm 4 ↗
Thomas Christopher HoganEVP/CLO & Corp Secretary2026-05-07A9577168,129CommonForm 4 ↗
Thomas Christopher HoganEVP/CLO & Corp Secretary2026-05-07A4877134,431CommonForm 4 ↗
Charles O. SchiffDirector2026-05-11D27,12200CommonForm 4 ↗
Dividend-equivalent accruals2026-05-28—774——1 insider, 1 accrual row
Luyang FuSr. VP, Chief Actuary - Sub2026-05-28A7748666,309CommonForm 4 ↗
Luyang FuSr. VP, Chief Actuary - Sub2026-05-28D9916115,959CommonForm 4 ↗
John KellingtonEVP, Chief Info Off. -Sub2026-06-08D24,22100Derivative, Class A CommonForm 4 ↗
John KellingtonEVP, Chief Info Off. -Sub2026-06-08A24,221862,075,013CommonForm 4 ↗
John KellingtonEVP, Chief Info Off. -Sub2026-06-08D17,5361642,871,169CommonForm 4 ↗
Charles O. SchiffDirector2026-08-03D7,6001751,333,067CommonForm 4 ↗
Dirk J. DebbinkDirector2026-08-25A1,000172171,640CommonForm 4 ↗
Steven J. JohnstonDirector2026-10-28D76,48400Derivative, Class A CommonForm 4 ↗
Steven J. JohnstonDirector2026-10-28D49,5441818,943,683CommonForm 4 ↗
Steven J. JohnstonDirector2026-10-28A76,484715,407,419CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 34 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Luyang FuSr. VP, Chief Actuary - Sub2026-04-29D147$164$24,096CommonForm 4 ↗
Luyang FuSr. VP, Chief Actuary - Sub2026-04-29A9577168,129CommonForm 4 ↗
Teresa CracasEVP, Chief Risk Off. - Sub2026-04-29D15,38600Derivative, Class A CommonForm 4 ↗
John KellingtonEVP, Chief Info Off. -Sub2026-04-29D28,15600Derivative, Class A CommonForm 4 ↗
John KellingtonEVP, Chief Info Off. -Sub2026-04-29D18,9351643,103,825CommonForm 4 ↗
John KellingtonEVP, Chief Info Off. -Sub2026-04-29A28,156712,004,426CommonForm 4 ↗
Teresa CracasEVP, Chief Risk Off. - Sub2026-04-29A15,386711,087,790CommonForm 4 ↗
Luyang FuSr. VP, Chief Actuary - Sub2026-04-29D95700Derivative, Class A CommonForm 4 ↗
Teresa CracasEVP, Chief Risk Off. - Sub2026-04-29D10,3211641,691,818CommonForm 4 ↗
Michael SewellCFO, EVP & Treasurer2026-05-01D36,90900Derivative, Class A CommonForm 4 ↗
Michael SewellCFO, EVP & Treasurer2026-05-01D8,8221641,442,750CommonForm 4 ↗
Michael SewellCFO, EVP & Treasurer2026-05-01A36,909712,609,466CommonForm 4 ↗
Roger A. BrownSr VP, COO - Subsidary2026-05-05D6,90000Derivative, Class A CommonForm 4 ↗
Roger A. BrownSr VP, COO - Subsidary2026-05-05D4,685160749,038CommonForm 4 ↗
Roger A. BrownSr VP, COO - Subsidary2026-05-05A6,90071491,211CommonForm 4 ↗
Roger A. BrownSr VP, COO - Subsidary2026-05-05D2,50000CommonForm 4 ↗
Thomas Christopher HoganEVP/CLO & Corp Secretary2026-05-07D48700Derivative, Class A CommonForm 4 ↗
Thomas Christopher HoganEVP/CLO & Corp Secretary2026-05-07D95700Derivative, Class A CommonForm 4 ↗
Thomas Christopher HoganEVP/CLO & Corp Secretary2026-05-07D7416111,911CommonForm 4 ↗
Thomas Christopher HoganEVP/CLO & Corp Secretary2026-05-07D14516123,339CommonForm 4 ↗
Thomas Christopher HoganEVP/CLO & Corp Secretary2026-05-07A9577168,129CommonForm 4 ↗
Thomas Christopher HoganEVP/CLO & Corp Secretary2026-05-07A4877134,431CommonForm 4 ↗
Charles O. SchiffDirector2026-05-11D27,12200CommonForm 4 ↗
Luyang FuSr. VP, Chief Actuary - Sub2026-05-28D77400Derivative, Class A CommonForm 4 ↗
Luyang FuSr. VP, Chief Actuary - Sub2026-05-28A7748666,309CommonForm 4 ↗
Luyang FuSr. VP, Chief Actuary - Sub2026-05-28D9916115,959CommonForm 4 ↗
John KellingtonEVP, Chief Info Off. -Sub2026-06-08D24,22100Derivative, Class A CommonForm 4 ↗
John KellingtonEVP, Chief Info Off. -Sub2026-06-08A24,221862,075,013CommonForm 4 ↗
John KellingtonEVP, Chief Info Off. -Sub2026-06-08D17,5361642,871,169CommonForm 4 ↗
Charles O. SchiffDirector2026-08-03D7,6001751,333,067CommonForm 4 ↗
Dirk J. DebbinkDirector2026-08-25A1,000172171,640CommonForm 4 ↗
Steven J. JohnstonDirector2026-10-28D76,48400Derivative, Class A CommonForm 4 ↗
Steven J. JohnstonDirector2026-10-28D49,5441818,943,683CommonForm 4 ↗
Steven J. JohnstonDirector2026-10-28A76,484715,407,419CommonForm 4 ↗
Sources (96 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Stephen Spray. DEF 14A, filed 2026-03-18. Section “2025 Summary Compensation Table” · page 56. As printed: 5,943,492. View filing ↗
  • Section 01, Michael Sewell. DEF 14A, filed 2026-03-18. Section “2025 Summary Compensation Table”. As printed: 3,948,482. View filing ↗
  • Section 01, Steven Johnston. DEF 14A, filed 2026-03-18. Section “2025 Summary Compensation Table”. As printed: 2,776,442. View filing ↗
  • Section 01, John Kellington. DEF 14A, filed 2026-03-18. Section “2025 Summary Compensation Table”. As printed: 2,719,460. View filing ↗
  • Section 01, Teresa Cracas. DEF 14A, filed 2026-03-18. Section “2025 Summary Compensation Table”. As printed: 2,498,212. View filing ↗
  • Section 03, Steven Johnston PSU. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Teresa Cracas RSU. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Sewell RSU. DEF 14A. Section “SERP” · grants of plan-based awards table. View filing ↗
  • Section 03, Teresa Cracas PSU. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Stephen Spray PSU. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Sewell RSU. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Stephen Spray RSU. DEF 14A. Section “SERP S” · grants of plan-based awards table. View filing ↗
  • Section 03, John Kellington PSU. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, John Kellington OPTION. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Teresa Cracas RSU. DEF 14A. Section “SERP” · grants of plan-based awards table. View filing ↗
  • Section 03, Steven Johnston OPTION. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Stephen Spray RSU. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Steven Johnston RSU. DEF 14A. Section “SERP” · grants of plan-based awards table. View filing ↗
  • Section 03, John Kellington RSU. DEF 14A. Section “RSU. S” · grants of plan-based awards table. View filing ↗
  • Section 03, Teresa Cracas OPTION. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Steven Johnston RSU. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Sewell PSU. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Sewell OPTION. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, John Kellington RSU. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Stephen Spray OPTION. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-03-18. Section “CEO Pay Ratio”. As printed: 46.3 : 1. View filing ↗
  • Section 08, Dirk J. Debbink. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 380,942. View filing ↗
  • Section 08, Gretchen W. Schar. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 307,333. View filing ↗
  • Section 08, David P. Osborn. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 304,170. View filing ↗
  • Section 08, Larry R. Webb. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 295,541. View filing ↗
  • Section 08, Nancy C. Benacci. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 288,177. View filing ↗
  • Section 08, Douglas S. Skidmore. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 288,074. View filing ↗
  • Section 08, Charles O. Schiff. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 286,087. View filing ↗
  • Section 08, Cheng-sheng Peter Wu. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 285,982. View filing ↗
  • Section 08, Linda W. Clement-Holmes. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 285,565. View filing ↗
  • Section 08, John F. Steele, Jr. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 284,775. View filing ↗
  • Section 08, Jill P. Meyer. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 271,588. View filing ↗
  • Section 08, Edward S. Wilkins. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 214,174. View filing ↗
  • Section 08, Steven J. Johnston. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Stephen M. Spray. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 02, Luyang Fu 2026-04-29. Form 4, filed 2026-05-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Luyang Fu 2026-04-29. Form 4, filed 2026-05-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Teresa Cracas 2026-04-29. Form 4, filed 2026-05-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John Kellington 2026-04-29. Form 4, filed 2026-05-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John Kellington 2026-04-29. Form 4, filed 2026-05-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John Kellington 2026-04-29. Form 4, filed 2026-05-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Teresa Cracas 2026-04-29. Form 4, filed 2026-05-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Luyang Fu 2026-04-29. Form 4, filed 2026-05-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Teresa Cracas 2026-04-29. Form 4, filed 2026-05-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Michael Sewell 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Michael Sewell 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Michael Sewell 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Roger A. Brown 2026-05-05. Form 4, filed 2026-05-07. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Roger A. Brown 2026-05-05. Form 4, filed 2026-05-07. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Roger A. Brown 2026-05-05. Form 4, filed 2026-05-07. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Roger A. Brown 2026-05-05. Form 4, filed 2026-05-07. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Thomas Christopher Hogan 2026-05-07. Form 4, filed 2026-05-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Thomas Christopher Hogan 2026-05-07. Form 4, filed 2026-05-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Thomas Christopher Hogan 2026-05-07. Form 4, filed 2026-05-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Thomas Christopher Hogan 2026-05-07. Form 4, filed 2026-05-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Thomas Christopher Hogan 2026-05-07. Form 4, filed 2026-05-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Thomas Christopher Hogan 2026-05-07. Form 4, filed 2026-05-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Charles O. Schiff 2026-05-11. Form 4, filed 2026-05-13. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Luyang Fu 2026-05-28. Form 4, filed 2026-06-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Luyang Fu 2026-05-28. Form 4, filed 2026-06-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Luyang Fu 2026-05-28. Form 4, filed 2026-06-01. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John Kellington 2026-06-08. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John Kellington 2026-06-08. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John Kellington 2026-06-08. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Charles O. Schiff 2026-08-03. Form 4, filed 2026-08-04. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Dirk J. Debbink 2026-08-25. Form 4, filed 2026-08-27. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Steven J. Johnston 2026-10-28. Form 4, filed 2026-10-30. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Steven J. Johnston 2026-10-28. Form 4, filed 2026-10-30. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Steven J. Johnston 2026-10-28. Form 4, filed 2026-10-30. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-05-06. Item 5.07 · say-on-pay result. As reported: 96.39% (votes for as printed: 118,190,863). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-05-07. Item 5.07 · say-on-pay result. As reported: 95.46% (votes for as printed: 117,868,774). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-05-09. Item 5.07 · say-on-pay result. As reported: 95.84% (votes for as printed: 112,585,127). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 1,741,060 + equity 1,584,851 + all other 166,497 = 3,492,408, summed across the director compensation table rows.
  • The Travelers Companies Inc., Section 10b CEO total. DEF 14A, filed 2026-04-07. CEO total compensation as printed in The Travelers Companies Inc.'s own proxy. As printed: 26,968,756. View filing ↗
  • The Allstate Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in The Allstate Corporation's own proxy. As printed: 22,920,898. View filing ↗
  • Hartford Financial Services Group Inc., Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in Hartford Financial Services Group Inc.'s own proxy. As printed: 22,114,212. View filing ↗
  • W.R. Berkley Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in W.R. Berkley Corporation's own proxy. As printed: 16,823,866. View filing ↗
  • Markel Group Inc., Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Markel Group Inc.'s own proxy. As printed: 14,124,065. View filing ↗
  • CNA Financial Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-20. CEO total compensation as printed in CNA Financial Corporation's own proxy. As printed: 12,619,149. View filing ↗
  • Hanover Insurance Group Inc., Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Hanover Insurance Group Inc.'s own proxy. As printed: 10,486,571. View filing ↗
  • Selective Insurance Group Inc., Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Selective Insurance Group Inc.'s own proxy. As printed: 6,858,564. View filing ↗
  • Cincinnati Financial Corp (subject), Section 10b CEO total. DEF 14A, filed 2026-03-18. CEO total compensation as printed in Cincinnati Financial Corp's own proxy. As printed: 5,943,492. View filing ↗
  • United Fire Group Inc., Section 10b CEO total. DEF 14A, filed 2026-04-07. CEO total compensation as printed in United Fire Group Inc.'s own proxy. As printed: 3,896,774. View filing ↗
  • Section 10a, Hanover Insurance Group Inc. reciprocity. DEF 14A. Hanover Insurance Group Inc. names Cincinnati Financial Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, The Allstate Corporation reciprocity. DEF 14A. The Allstate Corporation's most recent proxy was read; its disclosed peer group does not include Cincinnati Financial Corp. View filing ↗
  • Section 10a, The Travelers Companies Inc. reciprocity. DEF 14A. The Travelers Companies Inc.'s most recent proxy was read; its disclosed peer group does not include Cincinnati Financial Corp. View filing ↗
  • Section 10a, United Fire Group Inc. reciprocity. DEF 14A. United Fire Group Inc.'s most recent proxy was read; its disclosed peer group does not include Cincinnati Financial Corp. View filing ↗
  • Section 10a, W.R. Berkley Corporation reciprocity. DEF 14A. W.R. Berkley Corporation's most recent proxy was read; its disclosed peer group does not include Cincinnati Financial Corp. View filing ↗
  • Section 10a, CNA Financial Corporation reciprocity. DEF 14A. CNA Financial Corporation names Cincinnati Financial Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗
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