STOCK TITAN

RGA (NYSE: RGA) EVP Senan O'Loughlin reports initial stock and equity awards

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(Neutral)
Form Type
3

Rhea-AI Filing Summary

REINSURANCE GROUP OF AMERICA INC Executive Vice President Senan O'Loughlin filed an initial ownership report showing existing equity awards and holdings. The filing lists 2,967.412 shares of common stock held directly, plus multiple stock appreciation rights that can convert into common shares at preset exercise prices.

The report also details stock appreciation rights granted in 2022, 2023, 2024, 2025, and 2026, with exercise prices between $106.53 and $200.50 per share and expirations from 2032 through 2036. In addition, restricted share units from March 2024, 2025, and 2026 representing 142, 291, and 539 underlying common shares are disclosed, which vest in scheduled annual increments.

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Insider O'Loughlin Senan
Role Executive Vice President
Type Security Shares Price Value
holding Restricted Share Unit - March 2026 -- -- --
holding Restricted Share Unit - March 2025 -- -- --
holding Restricted Share Unit - March 2024 -- -- --
holding Stock Appreciation Right (right to purchase) 2026 -- -- --
holding Stock Appreciation Right (right to purchase) 2025 -- -- --
holding Stock Appreciation Right (right to purchase) 2024 -- -- --
holding Stock Appreciation Right (right to purchase) 2023 -- -- --
holding Stock Appreciation Right (right to purchase) 2022 -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Share Unit - March 2026 — 539 shares (Direct); Restricted Share Unit - March 2025 — 291 shares (Direct); Restricted Share Unit - March 2024 — 142 shares (Direct); Stock Appreciation Right (right to purchase) 2026 — 1,556 shares (Direct); Stock Appreciation Right (right to purchase) 2025 — 1,190 shares (Direct); Stock Appreciation Right (right to purchase) 2024 — 1,081 shares (Direct); Stock Appreciation Right (right to purchase) 2023 — 964 shares (Direct); Stock Appreciation Right (right to purchase) 2022 — 1,263 shares (Direct); Common Stock — 2,967.412 shares (Direct)
Footnotes (5)
  1. F1. Stock appreciation rights and restricted share units settle in common stock, vest in 33 1/3% increments, beginning on the first anniversary date of the grant, and fully vest on March 19, 2029.
  2. F2. Each restricted stock unit represents a contingent right to receive one (1) share of the Issuer's common stock upon vesting.
  3. F3. Stock appreciation rights and restricted share units settle in common stock, vest in 33 and 1/3% increments over three years, and fully vest on December 31, 2027.
  4. F4. Stock appreciation rights and restricted share units settle in common stock, vest in 33 and 1/3% increments over three years, and fully vest on December 31, 2026.
  5. F5. Stock appreciation rights settle in common stock and vest in 25% increments, over four years, beginning on December 31 of the year of grant.
Direct common stock 2,967.412 shares Directly held common stock following reported holdings
SAR 2022 exercise price $106.53 per share Stock appreciation right 2022, expiration in 2032
SAR 2023 exercise price $138.34 per share Stock appreciation right 2023, expiration in 2033
SAR 2026 exercise price $200.50 per share Stock appreciation right 2026, expiration in 2036
SAR 2026 underlying shares 1,556 shares Underlying common shares for 2026 stock appreciation right
RSU March 2024 142 shares Restricted share units March 2024, each for one common share
RSU March 2025 291 shares Restricted share units March 2025, contingent right to common shares
RSU March 2026 539 shares Restricted share units March 2026, contingent right to common shares
Stock appreciation rights financial
"Stock appreciation rights settle in common stock and vest in 25% increments, over four years"
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
Restricted share units financial
"Stock appreciation rights and restricted share units settle in common stock, vest in 33 1/3% increments"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
vest in 33 1/3% increments financial
"Stock appreciation rights and restricted share units settle in common stock, vest in 33 1/3% increments"
Executive Vice President financial
"Senan O'Loughlin serves as Executive Vice President of the issuer"
An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.
contingent right to receive financial
"Each restricted stock unit represents a contingent right to receive one (1) share"

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FAQ

What does Senan O'Loughlin's Form 3 filing for RGA show about his holdings?

The Form 3 shows Senan O'Loughlin directly holds 2,967.412 shares of REINSURANCE GROUP OF AMERICA common stock, plus several stock appreciation rights and restricted share units that can convert into additional common shares as they vest or are exercised over future years.

How many RGA common shares does Senan O'Loughlin directly own according to this Form 3?

According to the Form 3, Senan O'Loughlin directly owns 2,967.412 shares of REINSURANCE GROUP OF AMERICA common stock. This figure represents his direct ownership position and is separate from derivative awards like stock appreciation rights and restricted share units disclosed in the same filing.

What stock appreciation rights are listed for Senan O'Loughlin in the RGA Form 3?

The filing lists stock appreciation rights granted in 2022, 2023, 2024, 2025, and 2026, each tied to RGA common stock. These rights have exercise prices ranging from $106.53 to $200.50 per share and expiration dates between 2032 and 2036, with specified underlying share amounts.

How do the restricted share units in RGA's Form 3 vest for Senan O'Loughlin?

Footnotes explain that restricted share units settle in common stock and generally vest in 33 and 1/3% increments over three years. The awards fully vest by dates such as December 31, 2026 or 2027, after which each vested unit delivers one share of RGA common stock.

What future vesting schedule is described for Senan O'Loughlin's RGA equity awards?

The Form 3 footnotes state that certain stock appreciation rights and restricted share units vest in 33 1/3% increments over three years or in 25% increments over four years. Some awards are scheduled to fully vest on dates including December 31, 2026, December 31, 2027, and March 19, 2029.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
O'Loughlin Senan

(Last)(First)(Middle)
16600 SWINGLEY RIDGE ROAD

(Street)
CHESTERFIELD MISSOURI 63017

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
06/22/2026
3. Issuer Name and Ticker or Trading Symbol
REINSURANCE GROUP OF AMERICA INC [ RGA ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock2,967.412D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Unit - March 2026 (1) (1)Common Stock539$0(2)D
Restricted Share Unit - March 2025 (3) (3)Common Stock291$0(2)D
Restricted Share Unit - March 2024 (4) (4)Common Stock142$0(2)D
Stock Appreciation Right (right to purchase) 2026 (1)03/19/2036Common Stock1,556$200.5D
Stock Appreciation Right (right to purchase) 2025 (3)03/06/2035Common Stock1,190$193D
Stock Appreciation Right (right to purchase) 2024 (4)03/15/2034Common Stock1,081$185.28D
Stock Appreciation Right (right to purchase) 2023 (5)03/09/2033Common Stock964$138.34D
Stock Appreciation Right (right to purchase) 2022 (5)03/22/2032Common Stock1,263$106.53D
Explanation of Responses:
1. Stock appreciation rights and restricted share units settle in common stock, vest in 33 1/3% increments, beginning on the first anniversary date of the grant, and fully vest on March 19, 2029.
2. Each restricted stock unit represents a contingent right to receive one (1) share of the Issuer's common stock upon vesting.
3. Stock appreciation rights and restricted share units settle in common stock, vest in 33 and 1/3% increments over three years, and fully vest on December 31, 2027.
4. Stock appreciation rights and restricted share units settle in common stock, vest in 33 and 1/3% increments over three years, and fully vest on December 31, 2026.
5. Stock appreciation rights settle in common stock and vest in 25% increments, over four years, beginning on December 31 of the year of grant.
Remarks:
/s/ My Chi To, by Power of Attorney07/02/2026
** Signature of Reporting PersonDate
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 5 (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 3: SEC 1473 (03-26)