CFO of Employers Holdings (EIG) acquires 2,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Employers Holdings, Inc. executive Michael Pedraja, EVP and Chief Financial Officer, purchased 2,000 shares of common stock in an open-market transaction. The shares were bought at a weighted average price of $39.73 per share, bringing his directly owned stake to 19,830 shares after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,000 shares ($79,460)
Net Buy
1 txn
Insider
Pedraja Michael
Role
EVP, Chief Financial Officer
Bought
2,000 shs ($79K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 | 2,000 | $39.73 | $79K |
Holdings After Transaction:
Common Stock, par value $0.01 — 19,830 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Employers Holdings (EIG) report for Michael Pedraja?
Employers Holdings reported that EVP and Chief Financial Officer Michael Pedraja bought 2,000 shares of common stock in an open-market purchase. This increased his directly owned holdings to 19,830 shares following the transaction, according to the Form 4 filing details.
What does the weighted average price mean in the Employers Holdings (EIG) Form 4?
The weighted average price of $39.73 means the 2,000 shares were bought in multiple trades at different prices, averaged by share volume. The filing states the insider can provide full details of each individual transaction price upon request to shareholders or regulators.
Was the Employers Holdings (EIG) insider purchase by Michael Pedraja direct or indirect?
The Form 4 shows Michael Pedraja’s 2,000-share purchase as directly owned. The ownership code is listed as “D” for direct, and there is no footnote indicating that the shares are held through a separate entity, trust, or other indirect ownership structure.