[Form 4] Employers Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Employers Holdings, Inc. (EIG): Form 4 reporting by director Joao M. de Figueiredo. The report shows an acquisition on 08/27/2025 of 15 shares of common stock attributable to dividend equivalent rights (DERs) that accrued on vested restricted stock units (RSUs) previously granted. The reporting person voluntarily deferred delivery of those RSUs until six months after termination of board service; the DERs become exercisable proportionately with the related RSUs. The filing states the shares were acquired at a price of $0 (DER settlement) and that the reporting person beneficially owns 15 shares directly following the transaction. The Form 4 was signed by an attorney-in-fact on 08/28/2025.

Insights

Financial Analyst

TL;DR: A routine director-side acquisition of 15 shares via DER settlement; immaterial to company valuation but confirms executive equity holdings.

The Form 4 documents a non-derivative acquisition of 15 common shares on 08/27/2025 arising from dividend equivalent rights tied to vested RSUs. The transaction price is reported as $0, reflecting DER economic settlement rather than an open-market purchase. The position size is small relative to typical institutional thresholds and is unlikely to move market perceptions or valuation metrics. The filing is consistent with standard equity compensation mechanics and deferred delivery elections.

Corporate Governance Expert

TL;DR: The disclosure is a standard governance filing showing deferred RSU mechanics and a small, direct ownership update for a director.

The reporting clarifies that the director voluntarily deferred RSU delivery until six months post-termination and that accrued DERs are exercisable in proportion to the RSUs. This is an administrative equity-compensation event documented for compliance with Section 16. There are no indications of unusual timing, related-party issues, or material changes in control from this single, small-volume transaction.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

de Figueiredo Joao M

(Last) (First) (Middle)

5340 KIETZKE LANE

SUITE 202

(Street)

RENO NV 89511

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Employers Holdings, Inc. [ EIG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Dividend Equivalent Rights	(1)	08/27/2025		A		15		(1)	(1)	Common Stock, par value $0.01	15	$0	15	D

Explanation of Responses:

1. The dividend equivalent rights ("DERs") accrued on vested restricted stock units ("RSUs") previously granted to the reporting person where the reporting person has voluntarily deferred delivery of such RSUs until six months following termination of service on the board of directors. The DERs become exercisable proportionately with the RSUs to which they relate. Each DER is the economic equivalent of one share of common stock of Employers Holdings, Inc.

Remarks:

	/s/ Lori A. Brown, attorney in fact	08/28/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Joao M. de Figueiredo disclose on EIG Form 4?

He disclosed an acquisition on 08/27/2025 of 15 shares of Employers Holdings, Inc. common stock via dividend equivalent rights (DERs) tied to vested RSUs.

Why were the 15 shares issued at a price of $0 on the Form 4?

The filing shows a $0 price because the shares resulted from settlement of DERs accrued on vested RSUs, not an open-market cash purchase.

How many shares does the reporting person own after the reported transaction?

The Form 4 reports the reporting person beneficially owns 15 shares of common stock following the transaction.

What does the Form 4 say about the deferred RSU delivery?

It states the reporting person voluntarily deferred delivery of vested RSUs until six months following termination of board service, and the DERs become exercisable proportionately with the RSUs.

When was the Form 4 signed and who signed it?

The form was signed by /s/ Lori A. Brown, attorney in fact on 08/28/2025.