Mercury General (NYSE: MCY) officer reports RSU exercise and share disposal

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Form Type

Rhea-AI Filing Summary

Mercury General Corp officer Mark Allan Ribisi reported multiple equity transactions. He exercised 811.58 restricted stock units, acquiring the same number of common shares at a stated price of $0.00 per share, then disposed of 811.58 common shares back to the issuer at $86.44 per share. Following these moves, he directly held 625 common shares, with additional indirect holdings of 107 shares through an ESOP plan and 27 shares through a spouse’s IRA. The restricted stock units are described as economically equivalent to common stock and vest in three equal annual installments beginning February 21, 2026, settling in cash upon vesting.

Insider Trade Summary

811.58 shares exercised/converted

Mixed 5 txns

Insider Ribisi Mark Allan

Role See Remarks

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	811.58	$0.00	--
Exercise	Common Stock	811.58	$0.00	--
Disposition	Common Stock	811.58	$86.44	$70K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Unit — 1,623.17 shares (Direct); Common Stock — 1,436.58 shares (Direct); Common Stock — 107 shares (Indirect, BY ESOP PLAN)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/24/2026 - 09:01 PM

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^*

Ribisi Mark Allan

(Last)

(First)

(Middle)

C/O MERCURY GENERAL CORP.

4484 WILSHIRE BOULEVARD

(Street)

LOS ANGELES

90010

(City)

(State)

(Zip)

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)
	See Remarks

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

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/21/2026		M		811.58	A	⁽¹⁾	1,436.58	D
Common Stock	02/21/2026		D		811.58	D	$86.44	625	D
Common Stock								107	I	BY ESOP PLAN
Common Stock								27	I	By SPOUSE IRA

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽¹⁾	02/21/2026		M			811.58	⁽¹⁾	⁽¹⁾	Common Stock	811.58	$0	1,623.17	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, 2026, and will be settled in cash upon vesting.

Remarks:

President and Chief Executive Officer of AIS Management LLC

	/s/ Judy Walters, Attorney-in-Fact	02/24/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Mercury General (MCY) officer Mark Ribisi report?

Mark Allan Ribisi exercised 811.58 restricted stock units into common stock, then disposed of 811.58 common shares back to Mercury General at $86.44 per share. After these transactions, he reported 625 common shares held directly, plus smaller indirect holdings.

How many Mercury General (MCY) restricted stock units did Mark Ribisi exercise?

He exercised 811.58 restricted stock units, each economically equivalent to one Mercury General common share. These units converted into 811.58 common shares at a reported price of $0.00 per share as part of an equity compensation arrangement disclosed in the Form 4 filing.

At what price were Mercury General (MCY) shares disposed of in this Form 4?

The Form 4 shows a disposition of 811.58 Mercury General common shares to the issuer at $86.44 per share. This disposition followed the same-day exercise of 811.58 restricted stock units that had been converted into common stock at a stated price of $0.00.

What are Mark Ribisi’s Mercury General (MCY) shareholdings after the reported transactions?

After the reported transactions, Mark Allan Ribisi directly held 625 Mercury General common shares. He also reported indirect holdings of 107 shares through an ESOP plan and 27 shares through a spouse’s IRA, reflecting his total reported ownership structure in the Form 4.

How do Mercury General (MCY) restricted stock units for Mark Ribisi vest and settle?

The restricted stock units are each economically equivalent to one Mercury General common share. According to the footnote, they vest in three equal annual installments beginning February 21, 2026, and are scheduled to be settled in cash upon vesting rather than in additional shares.