Employers Holdings (NYSE: EIG) director awarded 63 dividend rights
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Perez-Tenessa Alejandro
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1 | 63 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 469 shares (Direct)
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
Dividend Equivalent Rights granted: 63.0000 DERs
Dividend Equivalent Rights following transaction: 469.0000 DERs
Transaction price per DER: $0.0000 per right
+1 more
4 metrics
Dividend Equivalent Rights granted
63.0000 DERs
Grant to Alejandro Perez-Tenessa on 2026-08-26
Dividend Equivalent Rights following transaction
469.0000 DERs
Total DERs held directly after the grant
Transaction price per DER
$0.0000 per right
Stated acquisition price for the 63 DERs
Underlying common shares
63.0000 shares
Common Stock, par value $0.01, underlying the 63 DERs
Key Terms
Dividend Equivalent Rights, restricted stock units, economic equivalent
3 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights ("DERs") accrued on vested restricted stock units"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
restricted stock units financial
"DERs accrued on vested restricted stock units ("RSUs") previously granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
economic equivalent financial
"Each DER is the economic equivalent of one share of common stock"
FAQ
What insider transaction did EIG report for Alejandro Perez-Tenessa?
EIG reported that director Alejandro Perez-Tenessa received a grant of 63 Dividend Equivalent Rights (DERs) on vested restricted stock units. Each DER is the economic equivalent of one share of Employers Holdings, Inc. common stock and was recorded at a price of $0.00 per right.
How many Dividend Equivalent Rights does Alejandro Perez-Tenessa hold after this Form 4 at EIG?
After the reported transaction, Alejandro Perez-Tenessa beneficially holds 469 Dividend Equivalent Rights directly. These DERs are tied to vested restricted stock units for which delivery has been deferred and will become exercisable proportionately with the related RSUs.
What are Dividend Equivalent Rights (DERs) as reported by EIG for Perez-Tenessa?
The filing states that each Dividend Equivalent Right (DER) is the economic equivalent of one share of Employers Holdings, Inc. common stock. The DERs accrue on vested restricted stock units and become exercisable proportionately with the RSUs to which they relate.
Are the DERs granted to Alejandro Perez-Tenessa under a Rule 10b5-1 plan at EIG?
No. The document-level Rule 10b5-1 checkbox is not marked as affirming a trading plan (aff_10b5_one is false), so the filing does not identify these DERs as granted pursuant to a Rule 10b5-1 plan.
What underlying security is associated with the DERs granted to Alejandro Perez-Tenessa at EIG?
The underlying security associated with the DERs is Common Stock, par value $0.0163 underlying common shares corresponding to the 63 newly granted DERs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
