[Form 4] MERCURY GENERAL CORP Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chan Jenny Dickinson reported acquisition or exercise transactions in this Form 4 filing.
Mercury General Corp VP/Chief HR Officer Jenny Dickinson Chan reported two compensation-related awards of restricted stock units (RSUs), not open‑market trades. On January 12, 2026 she received 2,163 RSUs, and on February 21, 2026 she received 1,666 RSUs, each economically equivalent to one share of common stock.
The January grant vests in three equal annual installments beginning on January 12, 2027 and will be settled in cash when each tranche vests. The February grant vests in three equal annual installments beginning on February 21, 2027 and will also be settled in cash upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Chan Jenny Dickinson
Role
VP/Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,666 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 2,163 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 1,666 shares (Direct)
Footnotes (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 January 12, 2027 and will be settled in cash upon vesting. 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.
Key Figures
RSU grant (Jan 12, 2026): 2,163 units
RSU grant (Feb 21, 2026): 1,666 units
Vesting start (Jan grant): January 12, 2027
+3 more
6 metrics
RSU grant (Jan 12, 2026)
2,163 units
Restricted stock units granted to VP/Chief HR Officer
RSU grant (Feb 21, 2026)
1,666 units
Restricted stock units granted to VP/Chief HR Officer
Vesting start (Jan grant)
January 12, 2027
Three equal annual installments, cash-settled on vesting
Vesting start (Feb grant)
February 21, 2027
Three equal annual installments, cash-settled on vesting
Post-grant RSUs (Jan award)
2,163 units
Total RSUs following January 12, 2026 transaction
Post-grant RSUs (Feb award)
1,666 units
Total RSUs following February 21, 2026 transaction
Key Terms
Restricted Stock Unit, economic equivalent, vest in three equal annual installments, settled in cash upon vesting
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.
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"
FAQ
What insider transactions did MCY executive Jenny Dickinson Chan report?
Jenny Dickinson Chan reported receiving two grants of restricted stock units as compensation, not market trades. She was awarded 2,163 RSUs on January 12, 2026 and 1,666 RSUs on February 21, 2026, each tied economically to Mercury General common stock and subject to multi‑year vesting.
How many restricted stock units did MCY grant to its HR chief?
Mercury General granted its VP/Chief HR Officer 2,163 restricted stock units on January 12, 2026 and 1,666 restricted stock units on February 21, 2026. Each RSU represents the economic equivalent of one share of common stock, subject to vesting and cash settlement at future dates.
What is the vesting schedule for Jenny Dickinson Chan’s MCY RSUs?
Both RSU awards vest in three equal annual installments. The 2,163-unit grant begins vesting on January 12, 2027, while the 1,666-unit grant begins vesting on February 21, 2027. Each year one‑third of the respective award vests and becomes eligible for cash settlement.
Are Jenny Dickinson Chan’s MCY RSU awards paid in stock or cash?
The RSU awards are settled in cash upon vesting rather than delivering actual MCY shares. Each vested unit pays cash equal to the economic value of one share of Mercury General common stock, providing equity-linked compensation without issuing additional shares at settlement.