RGA executive sells 7,000 shares in open-market trade

Reinsurance Group of America Executive Vice President Ronald Herrmann sold 7,000 shares of RGA common stock in open-market transactions.

Accepted by SEC EDGAR 05/18/2026 - 04:56 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Reinsurance Group of America Executive Vice President Ronald Herrmann sold 7,000 shares of RGA common stock in open-market transactions. The sales occurred on May 14, 2026 in two blocks at weighted-average prices of $211.275 and $210.560 per share, with individual trade prices ranging from $210.175 to $210.640. The filing notes these were multiple transactions summarized by price range, and Herrmann continues to hold RGA shares directly after the sales.

Insider Trade Summary

Net Seller: 7,000 shares

Net Sell 2 txns

Insider HERRMANN RONALD

Role Executive Vice President

Sold 7,000 shs ($1.47M)

Share of Position Sold 64.0%

Type	Security	Shares	Price	Value
Sale	Common stock	6,830	$210.56	$1.44M
Sale	Common stock	170	$211.275	$36K

Holdings After Transaction: Common stock — 3,938 shares (Direct)

Holdings Before and After: Common stock, 10,938 to 3,938 shares (Direct)

Footnotes (1)

1. F1. Transactions within a $1.00 price range are summarized in accordance with the June 25th 2008 SEC No - Action letter. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions, on May 14, 2026, at prices ranging from $210.175 to $210.640. 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

Total shares sold: 7,000 shares First block weighted-average price: $211.275/share Second block weighted-average price: $210.560/share +3 more

6 metrics

Total shares sold 7,000 shares Aggregate non-derivative common stock sales on May 14, 2026

First block weighted-average price $211.275/share 170 common shares sold in open-market transaction

Second block weighted-average price $210.560/share 6,830 common shares sold in open-market transaction

Trade price range $210.175–$210.640/share Multiple executions within reported Form 4 sales

Number of sale transactions 2 transactions Non-derivative sales coded “S” on May 14, 2026

Net buy/sell direction Net sale of 7,000 shares Form 4 transaction summary for this filing

Key Terms

open-market sale, non-derivative, weighted average price, Form 4, +1 more

5 terms

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

non-derivative financial

"transaction_type: non-derivative"

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

transaction code "S" regulatory

"transaction_code: "S" ... Sale in open market or private transaction"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did RGA Executive Vice President Ronald Herrmann report?

Ronald Herrmann reported selling 7,000 shares of Reinsurance Group of America common stock in open-market transactions. The sales were disclosed on Form 4 and involved two separate non-derivative trades executed on May 14, 2026, reflecting routine insider activity rather than option exercises.

How many RGA (RGA) shares did Ronald Herrmann sell and at what prices?

Ronald Herrmann sold a total of 7,000 RGA common shares. One block of 170 shares was sold at a weighted-average price of $211.275 per share, and another block of 6,830 shares at a weighted-average price of $210.560, across multiple trades within narrow price ranges.

What was the trading date and method for Ronald Herrmann’s RGA stock sale?

All reported transactions took place on May 14, 2026, as open-market sales of RGA common stock. The Form 4 classifies both as non-derivative transactions with code “S,” indicating sales in the open market or private transactions, rather than option exercises or grants.

What price range did Ronald Herrmann’s RGA share sales cover?

The filing notes that the shares were sold in multiple transactions between $210.175 and $210.640 per share. Weighted-average prices of $211.275 and $210.560 were reported for the two sale blocks, with the insider offering to provide full breakdowns of each trade upon request.

Did Ronald Herrmann exercise options or trade derivatives in this RGA Form 4 filing?

No, the Form 4 reports only non-derivative sales of common stock, coded as “S” for open-market or private transactions. The derivative section shows no entries, and the derivative transaction count is zero, indicating no option exercises, conversions, or other derivative activities in this filing.

Does Ronald Herrmann still own RGA shares after these reported sales?

Yes, the Form 4 shows that Ronald Herrmann continues to hold RGA common stock directly after the transactions. While the filing reports share balances following each sale, it confirms ongoing direct ownership rather than a complete exit from his position.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

HERRMANN RONALD

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common stock	05/14/2026		S		6,830	D	$210.56(1)	4,108	D
Common stock	05/14/2026		S		170	D	$211.275	3,938	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Transactions within a $1.00 price range are summarized in accordance with the June 25th 2008 SEC No - Action letter. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions, on May 14, 2026, at prices ranging from $210.175 to $210.640. 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 Attorney	05/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)