EIG director granted 2,196 restricted stock units
McColgan Michael J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
McColgan Michael J reported acquisition or exercise transactions in this Form 4 filing.
Employers Holdings, Inc. director Michael J. McColgan received equity-based compensation rather than buying shares on the market. He was granted 2,196 restricted stock units that will vest on May 28, 2027, increasing his direct common stock holdings to 18,956 shares. He also received 96 dividend equivalent rights tied to previously granted restricted stock units, bringing his total dividend equivalent rights to 2,105, each economically equal to one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,292 shares
Grant/Award
2 txns
Insider
McColgan Michael J
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 | 96 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 2,105 contracts (Direct);
Common Stock, par value $0.01 — 18,956 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
RSUs granted: 2,196 units
Shares held after grant: 18,956 shares
Dividend equivalent rights granted: 96 DERs
+2 more
5 metrics
RSUs granted
2,196 units
Restricted stock units vesting on May 28, 2027
Shares held after grant
18,956 shares
Common stock directly held after RSU award
Dividend equivalent rights granted
96 DERs
Accrued on previously vested RSUs with deferred delivery
Total dividend equivalent rights
2,105 DERs
Held after latest award, each equal to one share
RSU grant price
$0.00 per unit
Equity compensation, not an open-market purchase
Key Terms
restricted stock units, Dividend Equivalent Rights, DERs, economic equivalent
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."
economic equivalent financial
"Each DER is the economic equivalent of one share of common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did EIG director Michael J. McColgan report?
Michael J. McColgan reported awards of equity-based compensation. He received 2,196 restricted stock units and 96 dividend equivalent rights, increasing his direct common stock holdings and his total dividend equivalent rights tied to prior restricted stock unit grants.
When do Michael J. McColgan’s new restricted stock units in EIG vest?
The 2,196 restricted stock units granted to McColgan vest on May 28, 2027. Vesting typically requires continued service on the board until that date, aligning director compensation with longer-term company performance and governance stability over the vesting period.
What are the dividend equivalent rights reported for EIG in this Form 4?
The filing reports 96 new dividend equivalent rights accruing on previously vested restricted stock units. These rights track dividends on deferred RSUs and are each the economic equivalent of one share of Employers Holdings common stock, becoming exercisable proportionately with the related RSUs.
How many total dividend equivalent rights does McColgan hold after this EIG filing?
Following the latest award, McColgan holds 2,105 dividend equivalent rights. These rights are tied to restricted stock units for which delivery has been voluntarily deferred until six months after termination of his service on the board of directors.
AI-generated analysis. How Rhea-AI works. Not financial advice.
