cna-202507030000021175falseCHXCommon Stock, Par value $2.50"CNA"00000211752025-07-032025-07-030000021175exch:XNYS2025-07-032025-07-030000021175exch:XCHI2025-07-032025-07-03
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) July 3, 2025
CNA FINANCIAL CORPORATION
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(Exact name of registrant as specified in its charter) |
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Delaware | | 1-5823 | | 36-6169860 |
(State or other jurisdiction | | (Commission | | (IRS Employer |
of incorporation) | | File Number) | | Identification No.) |
151 N. Franklin
Chicago, IL 60606
(Address of principal executive offices) (Zip Code)
(312) 822-5000
(Registrant's telephone number, including area code)
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NOT APPLICABLE |
(Former name or former address, if changed since last report.) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
Common Stock, Par value $2.50 | | "CNA" | | New York Stock Exchange |
| | | | NYSE Texas |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 5.02(b) Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The Registrant announces the separation of Susan A. Stone, Executive Vice President and General Counsel, from the Registrant, effective no later than July 31, 2025.
ITEM 5.02(e) Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 3, 2025, the Registrant entered into a General Release and Separation Agreement (the “Agreement”) with Susan A. Stone, Executive Vice President and General Counsel. In addition to a separation date no later than July 31, 2025, the Agreement provides for aggregate payment of $2,250,000, payable in separate installments pursuant to, and in accordance with, the terms of the Agreement, and certain additional benefits relating to health and welfare. In exchange for the foregoing consideration, Ms. Stone has agreed to standard releases and other provisions, including agreements not to interfere, or try to interfere, with any business relationship between the Registrant and any other person or entity, including customers, agents, suppliers, vendors, contractors, employees, and business partners for a period of 12 months and a covenant to cooperate with the Registrant with regard to ongoing litigation and other matters, as well as restrictions on solicitation of employees of the Registrant, also for a period of 12 months following the separation effective date.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits:
See Exhibit Index.
EXHIBIT INDEX
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Exhibit No. | | Description |
104 | | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | CNA Financial Corporation |
| | (Registrant) |
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Date: July 7, 2025 | By | /s/ Scott R. Lindquist |
| | (Signature) |
| | Scott R. Lindquist Executive Vice President and Chief Financial Officer |