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Mercury General Corp — The Vanguard Group filed Amendment No. 2 to a Schedule 13G/A stating it reports zero beneficial ownership of Mercury General common stock following an internal realignment.
The filing explains that on January 12, 2026 Vanguard reorganized subsidiaries which will report holdings separately under SEC Release No. 34-39538. The filing is signed by Ashley Grim on 03/27/2026.
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.
Mercury General Corp president and COO Joseph Victor George reported several equity transactions. He exercised restricted stock units representing 1,318.66 shares at $0.00 per unit, increasing his directly held common stock by the same 1,318.66 shares. He then disposed of 1,318.66 common shares back to the issuer at $86.44 per share, leaving 15,025.00 common shares held directly. Following these transactions, he also holds 2,637.32 restricted stock units and indirectly holds 8.7410 common shares through an ESOP. Each restricted stock unit is the economic equivalent of one common share and will vest in three equal annual installments beginning on February 21, 2026, with settlement in cash upon vesting.
Mercury General Corp VP and Chief Claims Officer Randall R. Petro reported derivative and stock transactions linked to restricted stock units (RSUs). On February 21, 2026, he exercised RSUs covering 689.85 units, each economically equivalent to one share of common stock, at a stated price of $0.0000 per unit, increasing his RSU holdings to 1,379.69 units.
The same day, 689.85 shares of common stock were acquired through the RSU conversion and then disposed of back to the issuer at $86.4400 per share, resulting in zero common shares directly owned after the disposition. The RSUs will vest in three equal annual installments beginning on February 21, 2026 and will be settled in cash upon vesting rather than delivering additional shares.
Mercury General Corp VP/Chief Product Officer Jeffrey Michael Schroeder reported RSU-related transactions. On February 21, 2026, he exercised 811.5800 restricted stock units into an equivalent number of common shares at $0.0000 per share, then disposed of 811.5800 common shares to the issuer at $86.4400 per share. After these transactions, he held 873.0000 common shares directly and 30.0000 shares indirectly through an ESOP. The restricted stock units are each the economic equivalent of one common share and will vest in three equal annual installments beginning on February 21, 2026, and will be settled in cash upon vesting.
Mercury General Corp director and CEO Gabriel Tirador reported equity award activity. He exercised 4,348.64 restricted stock units into the same number of common shares at a stated price of $0 per share, then disposed of 4,348.64 common shares to the issuer at $86.44 per share. After these transactions, he directly held 48,887 common shares and 8,697.27 restricted stock units, plus 2,315 common shares held indirectly through an ESOP.
Mercury General Corp VP and Chief Sales Officer Colby Nicholas Vincent reported RSU and share transactions. On February 21, 2026, he exercised 689.85 restricted stock units at $0.00 per unit, creating the economic equivalent of the same number of common shares. He then disposed of 689.85 common shares to the issuer at $86.44 per share, leaving no common shares directly held and 1,379.69 restricted stock units outstanding. Each restricted stock unit is the economic equivalent of one share of common stock and will vest in three equal annual installments beginning on February 21, 2026, with settlement in cash upon vesting.
Mercury General Corp VP/Chief Technology Officer Pang Wei reported derivative and stock transactions involving 1,136.22 units/shares on February 21, 2026. A restricted stock unit award for 1,136.22 units was recorded, bringing total restricted stock units to 2,272.43.
These restricted stock units are each the economic equivalent of one share of common stock, will vest in three equal annual installments beginning on February 21, 2026, and will be settled in cash upon vesting. On the same date, 1,136.22 shares of common stock were acquired at $0.00 per share through a derivative exercise or conversion, then 1,136.22 common shares were disposed of to the issuer at $86.44 per share, leaving no common shares directly owned.
Mercury General Corp VP and Chief Marketing Officer Erik Dahl Thompson reported compensation-related equity activity. He exercised 535.64 restricted stock units, each economically equivalent to one share of common stock, at a price of $0.0000 per unit, increasing his restricted stock unit balance to 1,071.29 units. He simultaneously acquired 535.64 shares of common stock through this derivative conversion and then disposed of the same 535.64 shares back to the issuer at $86.4400 per share, leaving no directly held shares from this lot. He also reports indirect holdings of 220 common shares through a spouse IRA and 120 common shares through an ESOP account.
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.