Mercury General (MCY) CFO receives 2,440 cash-settled restricted stock units

Rhea-AI Filing Summary

STALICK THEODORE R reported acquisition or exercise transactions in this Form 4 filing.

Mercury General Corp SVP & CFO Theodore R. Stalick received a grant of 2,440.2 restricted stock units that are economically equivalent to the company’s common stock. These units vest in three equal annual installments starting on February 21, 2027 and will be settled in cash upon vesting.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider STALICK THEODORE R

Role SVP & CFO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	2,440.2	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 2,440.2 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 2,440.2 units Post-transaction RSU holdings: 2,440.2 units Vesting schedule: 3 equal annual installments

3 metrics

RSU grant size 2,440.2 units Restricted stock units granted to SVP & CFO on February 21, 2026

Post-transaction RSU holdings 2,440.2 units Total restricted stock units held after this grant

Vesting schedule 3 equal annual installments Vesting begins on February 21, 2027

Key Terms

Restricted Stock Unit, economic equivalent, vest in three equal annual installments, settled in cash upon vesting

4 terms

Restricted Stock Unit financial

"security_title": "Restricted Stock Unit""

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

economic equivalent financial

"Each restricted stock unit is the economic equivalent of one share"

vest in three equal annual installments financial

"The restricted stock units will vest in three equal annual installments"

settled in cash upon vesting financial

"and will be settled in cash upon vesting"

Form 4 Insider Transactions: What Each Field Means →

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^*

STALICK THEODORE R

(Last) (First) (Middle)

C/O MERCURY GENERAL CORP.

4484 WILSHIRE BOULEVARD

(Street)

LOS ANGELES CALIFORNIA 90010

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MERCURY GENERAL CORP [ MCY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
02/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	02/21/2026		A		2,440.2		(1)	(1)	Common Stock	2,440.2	$0	2,440.2	D

Explanation of Responses:

1. Each restricted stock unit is the economic equivalent of one share of the Issuer's Common Stock. The restricted stock units will vest in three equal annual installments beginning on February 21, 2027, and will be settled in cash upon vesting.

	/s/ Judy Walters, Attorney-in-Fact	04/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Mercury General (MCY) report for its CFO?

Mercury General reported that SVP & CFO Theodore R. Stalick received 2,440.2 restricted stock units. These units are a form of equity-linked compensation, not an open-market purchase or sale of MCY common stock by the executive.

How many restricted stock units did the MCY CFO receive?

The MCY CFO received 2,440.2 restricted stock units. Each unit is economically equivalent to one share of Mercury General common stock, providing equity-linked compensation without an immediate cash outlay or share purchase in the market.

When do the Mercury General (MCY) CFO’s restricted stock units vest?

The restricted stock units vest in three equal annual installments beginning on February 21, 2027. This creates a multi-year incentive structure that ties the CFO’s compensation to the company’s long-term performance and continued service.

Are the MCY CFO’s restricted stock units settled in stock or cash?

The restricted stock units will be settled in cash upon vesting. Although each unit is economically equivalent to one MCY common share, settlement in cash means no new shares are issued at vesting from this grant based on the provided information.

Does this Mercury General (MCY) Form 4 show the CFO buying or selling shares?

The Form 4 shows a grant of 2,440.2 restricted stock units to the CFO, categorized as a compensation-related acquisition. It does not report any open-market buying or selling of Mercury General common stock by the executive.