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Employers Holdings (EIG) CFO receives 5,800 restricted stock units in equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

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

Employers Holdings, Inc. reported that its EVP and Chief Financial Officer, Michael Pedraja, received a grant of 5,800 shares of common stock in the form of restricted stock units. These units vest in four equal annual installments beginning on March 15, 2027, contingent on his continued employment. Following this award, Pedraja directly holds 25,630 shares of Employers Holdings common stock. This is a compensation-related equity grant rather than an open-market purchase.

Positive

  • None.

Negative

  • None.
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*
Pedraja Michael

(Last) (First) (Middle)
5340 KIETZKE LANE
SUITE 202

(Street)
RENO NV 89511

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Employers Holdings, Inc. [ EIG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
Common Stock, par value $0.01 03/09/2026 A 5,800(1) A $0 25,630 D
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
Explanation of Responses:
1. Represents restricted stock units that vest in four equal annual installments beginning on March 15, 2027 (subject to the reporting person's continued employment on such dates).
Remarks:
/s/ Lindsay Holt, attorney in fact 03/11/2026
** 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.

FAQ

What insider transaction did Employers Holdings (EIG) report for CFO Michael Pedraja?

Employers Holdings reported that CFO Michael Pedraja received a grant of 5,800 restricted stock units of common stock. The award is a compensation-related grant at no purchase price, rather than an open-market buy, and increases his direct holdings to 25,630 shares.

How do the 5,800 restricted stock units for EIG’s CFO vest over time?

The 5,800 restricted stock units granted to EIG’s CFO vest in four equal annual installments starting March 15, 2027. Each year, one-quarter of the units becomes unrestricted, subject to his continued employment on each applicable vesting date.

Is the Employers Holdings (EIG) Form 4 transaction a stock purchase or a compensation grant?

The Form 4 transaction is a compensation grant, not an open-market purchase. CFO Michael Pedraja received 5,800 restricted stock units at a per-share price of $0.00, reflecting an equity award as part of his compensation package rather than a discretionary stock buy.

What are Michael Pedraja’s total EIG share holdings after this restricted stock grant?

After receiving the 5,800 restricted stock units, Michael Pedraja directly holds 25,630 shares of Employers Holdings common stock. This figure includes the newly awarded units and provides context for the overall size of his direct equity position in the company.

What conditions apply to the new restricted stock units granted by Employers Holdings (EIG)?

The restricted stock units vest only if the CFO remains employed on each vesting date. They vest in four equal annual installments beginning March 15, 2027, so continued employment is required for him to receive the full benefit of all 5,800 units.
Employers Hldgs Inc

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United States
RENO