STOCK TITAN

RGA (NYSE: RGA) risk chief sells 8,589 shares, keeps 14,885

(Very High)
(Negative)
Form Type
4

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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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)
  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.
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
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.

At what price did Jonathan Porter sell RGA shares on August 12, 2026?

The reported sale used a weighted average price of $246.2987 per RGA share. According to the disclosure, individual trades that day were executed within a $246.220 to $246.525 price range, summarized under SEC rules for transactions within a $1.00 spread.

How many RGA shares does Jonathan Porter own after the reported sale?

After the sale, Jonathan Porter directly owns 14,885 shares of RGA common stock. This post-transaction holding reflects his remaining direct ownership position as reported, following the disposition of 8,589 shares on August 12, 2026 in the open-market transaction.

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.

What price range applied to Jonathan Porter’s RGA share sales on August 12, 2026?

The reported RGA sales were executed in a price range from $246.220 to $246.525 per share. A single weighted average price of $246.2987 is disclosed, with the filing offering to provide full breakdowns of shares at each separate trade price upon request.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
PORTER JONATHAN

(Last)(First)(Middle)
16600 SWINGLEY RIDGE RD.

(Street)
CHESTERFIELD MISSOURI 63017

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
REINSURANCE GROUP OF AMERICA INC [ RGA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Global Chief Risk Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common stock08/12/2026S8,589D$246.2987(1)14,885D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ My Chi To, by Power of Attorney08/17/2026
** 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 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.
* Form 4: SEC 1474 (03-26)