Employers Holdings (EIG) director awarded 21 Dividend Equivalent Rights tied to RSUs

Rhea-AI Filing Summary

Sorenson Steven P reported acquisition or exercise transactions in this Form 4 filing.

Employers Holdings, Inc. director Steven P. Sorenson reported a compensation-related grant of 21 Dividend Equivalent Rights on common stock. These rights accrued on vested restricted stock units for which he has deferred share delivery until six months after leaving the board. Following this grant, he holds 61 Dividend Equivalent Rights directly, each economically equal to one share of Employers Holdings, Inc. common stock and exercisable proportionately with the related restricted stock units.

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

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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^*

Sorenson Steven P

(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		21		(1)	(1)	Common Stock, par value $0.01	21	$0	61	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 Employers Holdings (EIG) report for Steven P. Sorenson?

Employers Holdings reported that director Steven P. Sorenson received a grant of 21 Dividend Equivalent Rights tied to vested restricted stock units. These derivative awards are compensation-related, not open-market purchases or sales, and track the value of the company’s common stock.

What are the Dividend Equivalent Rights granted to the EIG director?

Dividend Equivalent Rights are derivative awards that accrue on vested restricted stock units and mirror the economic value of a share of common stock. For Sorenson, each right is the economic equivalent of one Employers Holdings, Inc. share and becomes exercisable proportionately with the related RSUs.

How many Dividend Equivalent Rights does the EIG director hold after this Form 4?

After this grant, director Steven P. Sorenson holds 61 Dividend Equivalent Rights directly. These are tied to previously granted restricted stock units for which delivery has been voluntarily deferred, and they are designed to match the economics of Employers Holdings, Inc. common stock dividends.

Are the Employers Holdings (EIG) Dividend Equivalent Rights an open-market stock purchase?

No. The 21 Dividend Equivalent Rights reported for Steven P. Sorenson are a grant/award related to compensation, not an open-market stock purchase. They accrued automatically on vested restricted stock units rather than through discretionary buying in the market.

When do the EIG director’s Dividend Equivalent Rights become exercisable?

The Dividend Equivalent Rights become exercisable proportionately with the vested restricted stock units to which they relate. Sorenson has voluntarily deferred delivery of those RSUs until six months after his termination of service on the board, so the rights track that same schedule.

What economic exposure does the EIG director receive from these Dividend Equivalent Rights?

Each Dividend Equivalent Right is the economic equivalent of one share of Employers Holdings, Inc. common stock. This means Sorenson’s 61 rights collectively mirror the economic value and dividend-related benefits of 61 common shares, aligned with his deferred restricted stock units.