Mercury General officer reports 811-share stock moves
Mercury General Corp officer Ximeng Simon Zhang reported equity transactions dated February 21, 2026.
Rhea-AI Filing Summary
Mercury General Corp officer Ximeng Simon Zhang reported equity transactions dated February 21, 2026. The filing shows a derivative exercise or conversion involving 811.58 restricted stock units into Common Stock at no cost and a disposition of 811.58 Common Stock shares to the issuer at $86.44 per share. After these transactions, Zhang directly holds 1,500 shares of Mercury General Common Stock. A related footnote states that each restricted stock unit is the economic equivalent of one share, vests in three equal annual installments beginning February 21, 2026, and is settled in cash upon vesting.
Insider Trade Summary
811.58 shares exercised/converted
Exercise
3 txns
Insider
Zhang Ximeng Simon
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 811.58 | $0.00 | $0.00 |
| Exercise | Common Stock | 811.58 | $0.00 | $0.00 |
| Disposition | Common Stock | 811.58 | $86.44 | $70K |
Holdings After Transaction:
Restricted Stock Unit — 1,623.17 contracts (Direct);
Common Stock — 1,500 shares (Direct)
Footnotes (1)
- F1. 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, 2026, and will be settled in cash upon vesting.
Key Figures
RSUs exercised or converted: 811.5800 units
Shares disposed to issuer: 811.5800 shares
Disposition price: $86.4400 per share
+2 more
5 metrics
RSUs exercised or converted
811.5800 units
Restricted Stock Units converted into Common Stock on February 21, 2026
Shares disposed to issuer
811.5800 shares
Common Stock disposition coded as D (Disposition to issuer) on February 21, 2026
Disposition price
$86.4400 per share
Per-share price for the reported Common Stock disposition to the issuer
Post-transaction holdings
1,500 shares
Direct Common Stock position held by Zhang after the reported transactions
RSU vesting schedule
3 equal annual installments
Restricted stock units vest in three equal annual installments beginning February 21, 2026
Key Terms
Restricted Stock Unit, Disposition to issuer, economic equivalent, settled in cash
4 terms
Restricted Stock Unit financial
"Each restricted stock unit is the economic equivalent of one share"
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.
Disposition to issuer financial
"transaction code description "Disposition to issuer" for Common Stock"
economic equivalent financial
"Each restricted stock unit is the economic equivalent of one share of the Issuer's Common Stock"
settled in cash financial
"the restricted stock units ... will be settled in cash upon vesting"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock activity did Mercury General (MCY) officer Ximeng Simon Zhang report?
Ximeng Simon Zhang reported a derivative exercise or conversion of 811.58 restricted stock units and a disposition of 811.58 Common Stock shares to the issuer at $86.44 per share, all dated February 21, 2026.
What are Ximeng Simon Zhang’s Mercury General (MCY) holdings after these transactions?
After the reported transactions, Zhang directly holds 1,500 shares of Mercury General Common Stock. This post-transaction balance reflects his remaining direct equity position as recorded in the filing’s canonical holdings data.
How are Zhang’s restricted stock units in Mercury General (MCY) structured?
The restricted stock units are each the economic equivalent of one share of Mercury General Common Stock. They vest in three equal annual installments beginning February 21, 2026, and will be settled in cash upon vesting rather than in shares.
Did the reported transactions change Zhang’s ownership in Mercury General (MCY) significantly?
The filing shows activity involving 811.58 units and 811.58 shares, with Zhang holding 1,500 shares afterward. While the exact prior balance isn’t stated, the canonical holdings confirm his direct post-transaction position at 1,500 shares of Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
