Employers (NYSE: EIG) director now holds 92 dividend rights
Rhea-AI Filing Summary
Employers Holdings, Inc. (EIG) reported that director Joao M. de Figueiredo acquired 28 Dividend Equivalent Rights (DERs) linked to previously granted vested restricted stock units (RSUs) on August 26, 2026. These DERs accrued because de Figueiredo has voluntarily deferred delivery of the related RSUs until six months after his termination of service on the board. Following this award, he directly holds 92 DERs. The DERs become exercisable proportionately with the underlying RSUs, and each DER is the economic equivalent of one share of Employers Holdings, Inc. common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
de Figueiredo Joao M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1 | 28 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 92 shares (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.
Key Figures
Dividend Equivalent Rights granted: 28 DERs
Dividend Equivalent Rights held after transaction: 92 DERs
Stated transaction price per Dividend Equivalent Right: $0.00 per DER
+2 more
5 metrics
Dividend Equivalent Rights granted
28 DERs
Grant on August 26, 2026 to Joao M. de Figueiredo
Dividend Equivalent Rights held after transaction
92 DERs
Direct holdings following the reported grant
Stated transaction price per Dividend Equivalent Right
$0.00 per DER
Grant of Dividend Equivalent Rights on August 26, 2026
Underlying common shares per Dividend Equivalent Right
1 share per DER
Each DER is the economic equivalent of one share of common stock
Underlying common shares for this grant
28 shares of common stock
Underlying shares corresponding to 28 granted Dividend Equivalent Rights
Key Terms
Dividend Equivalent Rights, restricted stock units, economic equivalent
3 terms
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.
restricted stock units financial
"accrued on vested restricted stock units ("RSUs") previously granted"
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.
economic equivalent financial
"Each DER is the economic equivalent of one share of common stock"
FAQ
What insider transaction did EIG report for Joao M. de Figueiredo?
EIG reported that director Joao M. de Figueiredo was granted 28 Dividend Equivalent Rights (DERs) on August 26, 2026, tied to vested RSUs for which delivery has been deferred until six months after he leaves the board.
What are the Dividend Equivalent Rights reported in EIG’s Form 4?
The reported Dividend Equivalent Rights (DERs) accrue on vested RSUs that Joao M. de Figueiredo has deferred. The DERs become exercisable proportionately with those RSUs, and each DER is the economic equivalent of one share of Employers Holdings, Inc. common stock.
How many Dividend Equivalent Rights does Joao M. de Figueiredo hold after this EIG transaction?
After this transaction, Joao M. de Figueiredo directly holds 92 Dividend Equivalent Rights related to Employers Holdings, Inc. common stock, according to the Form 4.
Was the EIG Form 4 transaction a market buy or sale of common stock?
No. The Form 4 reports a grant of 28 Dividend Equivalent Rights, a derivative award tied to vested RSUs, at a stated price per right of $0.00. It does not report an open-market purchase or sale of common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.