EIG director granted RSUs and dividend rights
Perez-Tenessa Alejandro reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Perez-Tenessa Alejandro reported acquisition or exercise transactions in this Form 4 filing.
Employers Holdings, Inc. director Alejandro Perez-Tenessa reported compensation-related equity awards. He received 2,196 shares of common stock in the form of restricted stock units that vest on May 28, 2027, bringing his direct common stock holdings to 10,991 shares. He was also credited with 55 Dividend Equivalent Rights tied to previously granted restricted stock units where delivery was voluntarily deferred until six months after his service on the board ends, increasing his Dividend Equivalent Rights balance to 406. Each right is economically equivalent to one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,251 shares
Grant/Award
2 txns
Insider
Perez-Tenessa Alejandro
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 2,196 | $0.00 | $0.00 |
| Grant/Award | Dividend Equivalent Rights | 55 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 406 contracts (Direct);
Common Stock, par value $0.01 — 10,991 shares (Direct)
Footnotes (2)
- F1. Represents restricted stock units that vest on May 28, 2027.
- F2. 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.
Key Figures
RSU grant: 2,196 shares
Common stock after grant: 10,991 shares
New Dividend Equivalent Rights: 55 rights
+1 more
4 metrics
RSU grant
2,196 shares
Restricted stock units vesting May 28, 2027
Common stock after grant
10,991 shares
Direct holdings following RSU award
New Dividend Equivalent Rights
55 rights
DERs granted on May 27, 2026
Total Dividend Equivalent Rights
406 rights
Balance following DER grant
Key Terms
restricted stock units, Dividend Equivalent Rights, DERs, RSUs
4 terms
restricted stock units financial
"Represents restricted stock units that vest on May 28, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Dividend Equivalent Rights financial
"The dividend equivalent rights ("DERs") accrued on vested restricted stock units"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
DERs financial
"The DERs become exercisable proportionately with the RSUs to which they relate."
RSUs financial
"DERs accrued on vested restricted stock units ("RSUs") previously granted"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Alejandro Perez-Tenessa acquire in the latest EIG Form 4 filing?
Alejandro Perez-Tenessa received 2,196 shares of Employers Holdings common stock through restricted stock units. These awards are part of his director compensation and increase his direct holdings to 10,991 shares after the transaction.
When do the newly granted restricted stock units for EIG vest?
The 2,196 restricted stock units granted to Alejandro Perez-Tenessa vest on May 28, 2027. Vesting means he will receive the underlying shares at that date, assuming continued service on the board through vesting.
What are Dividend Equivalent Rights mentioned in the EIG Form 4?
Dividend Equivalent Rights, or DERs, are awards that mirror dividends on deferred restricted stock units. Each DER in this filing is economically equivalent to one share of Employers Holdings common stock and becomes exercisable proportionately with the related RSUs.
How many Dividend Equivalent Rights does the EIG director hold after this filing?
After receiving 55 new Dividend Equivalent Rights, Alejandro Perez-Tenessa holds a total of 406 DERs. These relate to previously granted restricted stock units for which he deferred share delivery until six months after his board service ends.
Is the EIG Form 4 transaction an open-market stock purchase or sale?
No, the reported transactions are grants classified under code A for awards or other acquisitions. They are compensation-related restricted stock units and Dividend Equivalent Rights, not open-market purchases or sales of Employers Holdings common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
