Director Buys 1,000 Shares of Insurer, Valued at More Than $171,000
Debbink purchased shares at $171.64 each through a trust vehicle, bringing his indirect holdings to 62,059 shares worth $10.64 million.
Overview
Dirk J. Debbink, Director of Cincinnati Financial Corporation (NASDAQ:CINF), purchased 1,000 shares in this filing, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average purchase price ($171.64); post-transaction value based on Aug. 25, 2026, market close ($171.42).
Details
Cincinnati Financial Corporation is a substantial participant in the U.S. property and casualty insurance sector with $26.5 billion in market capitalization and $14.0 billion in TTM revenue. The company leverages a diversified portfolio spanning commercial and personal lines insurance, life insurance, and investment operations to generate consistent underwriting and investment income. With 5,705 employees and a strategic focus on underwriting discipline and risk management, Cincinnati Financial maintains a competitive position through its multi-line insurance platform and established distribution network across the United States.
Source
Originally published at www.fool.com.