EIG director granted 21 Dividend Equivalent Rights
Sorenson Steven P reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 21 | $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 Employers Holdings (EIG) report for Steven P. Sorenson?
What are the Dividend Equivalent Rights granted to the EIG director?
How many Dividend Equivalent Rights does the EIG director hold after this Form 4?
Are the Employers Holdings (EIG) Dividend Equivalent Rights an open-market stock purchase?
When do the EIG director’s Dividend Equivalent Rights become exercisable?
What economic exposure does the EIG director receive from these Dividend Equivalent Rights?
AI-generated analysis. How Rhea-AI works. Not financial advice.