EIG director granted 17 dividend equivalent rights
de Figueiredo Joao M reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
de Figueiredo Joao M reported acquisition or exercise transactions in this Form 4 filing.
Employers Holdings, Inc. director Joao M. de Figueiredo received a grant of 17 Dividend Equivalent Rights tied to previously vested restricted stock units. Each right is the economic equivalent of one share of common stock, bringing his total reported Dividend Equivalent Rights holdings to 48.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 17 | $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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EIG director Joao M. de Figueiredo report?
What are Dividend Equivalent Rights in the EIG Form 4 filing?
How many Dividend Equivalent Rights does the EIG director hold after this transaction?
Are the EIG Dividend Equivalent Rights tied to restricted stock units?
Does the EIG director pay for the Dividend Equivalent Rights received?
When do the EIG Dividend Equivalent Rights become exercisable?
AI-generated analysis. How Rhea-AI works. Not financial advice.