Employers Holdings (EIG) director awarded 100 dividend equivalent rights tied to RSUs

Rhea-AI Filing Summary

McColgan Michael J reported acquisition or exercise transactions in this Form 4 filing.

Employers Holdings, Inc. director Michael J. McColgan reported an automatic award of 100 Dividend Equivalent Rights (DERs) tied to previously granted vested restricted stock units. Each DER is the economic equivalent of one share of common stock, bringing his DER balance to 2,009.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McColgan Michael J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	100	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 2,009 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

McColgan Michael J

(Last) (First) (Middle)

5340 KIETZKE LANE

SUITE 202

(Street)

RENO NEVADA 89511

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

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

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

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

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)	03/18/2026		A		100		(1)	(1)	Common Stock, par value $0.01	100	$0	2,009	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/ Lindsay Holt, attorney in fact	03/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did EIG director Michael J. McColgan report?

Director Michael J. McColgan reported receiving 100 Dividend Equivalent Rights as a grant. These rights accrued on previously granted vested restricted stock units and increase his total DER holdings to 2,009, all tied economically to Employers Holdings, Inc. common stock.

What are Dividend Equivalent Rights in the EIG Form 4 filing?

Dividend Equivalent Rights are derivative awards linked to dividends on underlying equity. In this case, each DER is the economic equivalent of one Employers Holdings, Inc. common share and accrues on vested restricted stock units previously granted to the director and voluntarily deferred.

How many Dividend Equivalent Rights does the EIG director hold after this transaction?

After this award, the director holds 2,009 Dividend Equivalent Rights. The 100 newly granted DERs are tied to vested restricted stock units, and each right is economically equivalent to one share of Employers Holdings, Inc. common stock under his direct ownership.

Are the EIG Dividend Equivalent Rights tied to restricted stock units?

Yes, the Dividend Equivalent Rights accrue on vested restricted stock units previously granted to the director. He has voluntarily deferred delivery of those restricted stock units until six months after termination of service on the board, and the DERs become exercisable proportionately with them.

Does the EIG Form 4 transaction involve open-market buying or selling?

The transaction does not involve open-market buying or selling. It reflects an automatic grant of 100 Dividend Equivalent Rights with a zero exercise price, classified as a grant or award acquisition rather than a purchase or sale of existing common shares in the market.

When do the EIG Dividend Equivalent Rights become exercisable?

The Dividend Equivalent Rights become exercisable proportionately with the related restricted stock units. Those restricted stock units have been voluntarily deferred, with delivery scheduled for six months following the director’s termination of service on the Employers Holdings, Inc. board of directors.