Employers Holdings director gets 63 dividend rights
Employers Holdings, Inc. (EIG) reported that director Alejandro Perez-Tenessa was granted 63 Dividend Equivalent Rights (DERs) linked to previously granted restricted stock units.
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Rhea-AI Filing Summary
Employers Holdings, Inc. (EIG) reported that director Alejandro Perez-Tenessa was granted 63 Dividend Equivalent Rights (DERs) linked to previously granted restricted stock units. The DERs were acquired at a stated price of $0.00 per right and are each the economic equivalent of one share of common stock.
Following this grant, Perez-Tenessa holds 469 DERs directly. The DERs accrue on vested RSUs for which delivery has been voluntarily deferred until six months after termination of service on the board, and they become exercisable proportionately with the related RSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1 | 63 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Dividend Equivalent Rights financial
restricted stock units financial
economic equivalent financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EIG report for Alejandro Perez-Tenessa?
How many Dividend Equivalent Rights does Alejandro Perez-Tenessa hold after this Form 4 at EIG?
What are Dividend Equivalent Rights (DERs) as reported by EIG for Perez-Tenessa?
Are the DERs granted to Alejandro Perez-Tenessa under a Rule 10b5-1 plan at EIG?
What underlying security is associated with the DERs granted to Alejandro Perez-Tenessa at EIG?
AI-generated analysis. How Rhea-AI works. Not financial advice.