Employers Holdings director reports 57 new dividend rights on RSUs

Q: What insider transaction did Employers Holdings (EIG) report in this Form 4?

The Form 4 reports that a director of Employers Holdings, Inc. accrued 57 dividend equivalent rights (DERs) on previously granted restricted stock units.

Q: What are dividend equivalent rights (DERs) in the context of Employers Holdings (EIG)?

For this director, each dividend equivalent right (DER) is the economic equivalent of one share of Employers Holdings common stock and accrues on vested restricted stock units.

Q: How do the DERs relate to the director’s restricted stock units at Employers Holdings (EIG)?

The DERs accrue on vested restricted stock units (RSUs) for which the director has deferred delivery, and they become exercisable proportionately with the related RSUs.

Q: When will the deferred RSUs referenced in the Employers Holdings (EIG) Form 4 be delivered?

The director has voluntarily deferred delivery of the RSUs until six months following termination of service on the board of directors.

Q: Does this Employers Holdings (EIG) Form 4 indicate a purchase or sale of common stock?

The disclosure describes the accrual of 57 dividend equivalent rights tied to RSUs, rather than a direct open-market purchase or sale of Employers Holdings common stock.

Employers Holdings, Inc. director reported a small insider equity change involving dividend-linked awards.

Accepted by SEC EDGAR 11/28/2025 - 04:28 PM EST

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Rhea-AI Filing Summary

Employers Holdings, Inc. director reported a small insider equity change involving dividend-linked awards. A Form 4 filing shows the accrual of 57 dividend equivalent rights (DERs) on previously granted restricted stock units (RSUs). Each DER is the economic equivalent of one share of Employers Holdings common stock and becomes exercisable in step with the related RSUs. The director has voluntarily deferred delivery of these RSUs until six months after ending service on the board, and now holds 293 derivative securities following this transaction.

Insider Trade Summary

Grant/Award: 57 shares

Grant/Award 1 txn

Insider Perez-Tenessa Alejandro

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	57	$0.00	$0.00

Holdings After Transaction: Dividend Equivalent Rights — 293 contracts (Direct)

Holdings Before and After: Dividend Equivalent Rights, 236 to 293 contracts (Direct)

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 in this Form 4?

The Form 4 reports that a director of Employers Holdings, Inc. accrued 57 dividend equivalent rights (DERs) on previously granted restricted stock units.

How many derivative securities does the Employers Holdings (EIG) director now beneficially own?

After the reported transaction, the director beneficially owns 293 derivative securities, which are described as dividend equivalent rights tied to Employers Holdings common stock.

What are dividend equivalent rights (DERs) in the context of Employers Holdings (EIG)?

For this director, each dividend equivalent right (DER) is the economic equivalent of one share of Employers Holdings common stock and accrues on vested restricted stock units.

How do the DERs relate to the director’s restricted stock units at Employers Holdings (EIG)?

The DERs accrue on vested restricted stock units (RSUs) for which the director has deferred delivery, and they become exercisable proportionately with the related RSUs.

When will the deferred RSUs referenced in the Employers Holdings (EIG) Form 4 be delivered?

The director has voluntarily deferred delivery of the RSUs until six months following termination of service on the board of directors.

Does this Employers Holdings (EIG) Form 4 indicate a purchase or sale of common stock?

The disclosure describes the accrual of 57 dividend equivalent rights tied to RSUs, rather than a direct open-market purchase or sale of Employers Holdings common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Perez-Tenessa Alejandro

(Last)

(First)

(Middle)

5340 KIETZKE LANE

SUITE 202

(Street)

RENO

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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/26/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Dividend Equivalent Rights	⁽¹⁾	11/26/2025		A		57		⁽¹⁾	⁽¹⁾	Common Stock, par value $0.01	57	$0	293	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/ Lori A. Brown, attorney in fact	11/28/2025
	** 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.

Source: View Original Filing on SEC EDGAR