RGA (NYSE: RGA) risk chief sells 8,589 shares, keeps 14,885
Rhea-AI Filing Summary
REINSURANCE GROUP OF AMERICA INC executive Jonathan Porter, EVP and Global Chief Risk Officer, reported a sale of 8,589 shares of common stock on August 12, 2026. The sale, described as an open-market or private transaction, was executed at a weighted average price of $246.2987 per share, with individual trades priced between $246.220 and $246.525. Following this transaction, Porter directly holds 14,885 shares of RGA common stock. The filing’s Rule 10b5-1 checkbox was not marked.
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Negative
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Insights
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Insider Trade Summary
Net Seller: 8,589 shares
Net Sell
1 txn
Insider
PORTER JONATHAN
Role
EVP, Global Chief Risk Officer
Sold
8,589 shs ($2.12M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock F1 | 8,589 | $246.2987 | $2.12M |
Holdings After Transaction:
Common stock — 14,885 shares (Direct)
Footnotes (1)
- F1. Transactions within a $1.00 price range are summarized in accordance with the June 25, 2008 SEC No- Action letter. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions, on August 12, 2026, at prices ranging from $246.220 to $246.525. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Key Figures
Shares sold: 8,589 shares
Weighted average sale price: $246.2987 per share
Sale price range: $246.220–$246.525 per share
+1 more
4 metrics
Shares sold
8,589 shares
Common stock sold on August 12, 2026 by Jonathan Porter
Weighted average sale price
$246.2987 per share
Average price for the August 12, 2026 sale transactions
Sale price range
$246.220–$246.525 per share
Prices of multiple transactions on August 12, 2026
Shares owned after transaction
14,885 shares
Direct RGA common stock holdings following the reported sale
Key Terms
weighted average price, open market or private transaction, price range, Rule 10b5-1
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Transaction code S: Sale in open market or private transaction"
price range financial
"Transactions within a $1.00 price range are summarized"
Rule 10b5-1 financial
"The filing’s Rule 10b5-1 checkbox was not marked."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did RGA executive Jonathan Porter report on this Form 4?
Jonathan Porter reported selling 8,589 shares of REINSURANCE GROUP OF AMERICA INC (RGA) common stock. The transaction occurred on August 12, 2026 and was classified as a sale in an open market or private transaction at a weighted average price.
Was Jonathan Porter’s August 12, 2026 RGA stock sale under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox in the Form 4 was not marked for Jonathan Porter’s reported sale. The narrative footnote does not state that the transaction was executed pursuant to a Rule 10b5-1 trading plan, focusing instead on price ranges and weighted averages.
AI-generated analysis. How Rhea-AI works. Not financial advice.