Gary C. Bhojwani, the chief executive officer of CNO Financial Group, Inc. (NYSE:CNO), sold a combined 88,378 shares of common stock over two trading sessions on February 17 and 18, 2026, for an aggregate amount of approximately $3.8 million, according to a Form 4 filed with the Securities and Exchange Commission.
The filing details two separate tranches. On February 17, Bhojwani sold 45,357 shares at a weighted average price of $43.1657 per share, with execution prices ranging from $42.93 to $43.715. That block generated about $1.95 million. The following day, February 18, he sold 43,021 shares at a weighted average price of $43.0511, with recorded prices between $42.92 and $43.28, producing roughly $1.85 million.
The Form 4 notes these dispositions were executed pursuant to a Rule 10b5-1 trading plan that Bhojwani adopted on August 21, 2025. After completing the sales, the filing shows Bhojwani holds 277,526 shares directly and has an indirect position of 635,471 shares held through the Gary C. Bhojwani Revocable Trust.
Those insider sales come amid CNO Financial’s fourth-quarter 2025 financial report, which presented a mixed picture for the company. On the one hand, the company recorded earnings per share of $0.95 for the quarter, falling short of the $1.21 consensus expectation. On the other hand, revenue for the period reached $1.14 billion, topping the projected $1.0 billion figure.
These results highlight divergent signals in the company’s latest quarter: a notable EPS miss contrasted with a revenue beat. The combination of an insider sale under a prearranged plan and mixed quarterly results is likely to draw attention from analysts and investors monitoring CNO’s financial trajectory and near-term outlook.
All transaction figures, plan adoption date, post-sale ownership counts, and the company’s Q4 2025 EPS and revenue figures are reported in the referenced SEC filing and the company’s quarterly results. The available information does not provide additional context about the motivation behind the 10b5-1 plan or future trading intentions.