RGA EVP, CIO Brooks converts RSUs to stock and withholds shares (NYSE: RGA)
Rhea-AI Filing Summary
Reinsurance Group of America executive Mark J. Brooks, EVP and CIO, reported equity award activity involving restricted share units (RSUs) and common stock on January 15, 2026. RSUs from a March 2025 grant covering 306 units and a March 2024 grant covering 309 units were settled into shares of common stock, with the RSUs vesting in 33 1/3% increments over three years and fully vesting on December 31, 2027 and December 31, 2026, respectively. Each RSU represents a contingent right to receive one share of common stock upon settlement.
In connection with these settlements, 106 shares and 107 shares of common stock were disposed of at a price of $196.73 per share, typically reflecting shares withheld to cover taxes, leaving Brooks with direct beneficial ownership of 402 shares and 604 shares of common stock after the respective transactions. All transactions were reported as directly owned by Brooks and were filed on a single Form 4 for one reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit - March 2025 | 306 | $0.00 | -- |
| Exercise | Restricted Share Unit - March 2024 | 309 | $0.00 | -- |
| Exercise | Common Stock | 306 | $0.00 | -- |
| Tax Withholding | Common Stock | 106 | $196.73 | $21K |
| Exercise | Common Stock | 309 | $0.00 | -- |
| Tax Withholding | Common Stock | 107 | $196.73 | $21K |
Footnotes (1)
- Restricted share units settle in Common Stock, vest in 33 and 1/3% increments over three years, and fully vest on December 31, 2027. Each RSU represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement. Restricted share units settle in Common Stock, vest in 33 and 1/3% increments over three years, and fully vest on December 31, 2026.
FAQ
What insider transactions did RGA executive Mark J. Brooks report on this Form 4 for RGA?
Mark J. Brooks, EVP and CIO of Reinsurance Group of America (RGA), reported the settlement of RSUs into common stock and related share disposals on January 15, 2026. RSUs from March 2025 (306 units) and March 2024 (309 units) were converted to common stock, and 106 and 107 common shares, respectively, were disposed of at $196.73 per share.
How many RGA RSUs did Mark J. Brooks have settle into common stock in January 2026?
On January 15, 2026, RSUs from two grants settled into common stock for Mark J. Brooks: 306 restricted share units from a March 2025 grant and 309 restricted share units from a March 2024 grant. Each RSU represents a contingent right to receive one share of RGA common stock upon settlement.
Is Mark J. Brooks a director or officer of Reinsurance Group of America according to this Form 4?
According to the Form 4, Mark J. Brooks is reported as an officer of Reinsurance Group of America, with the title EVP, CIO (Executive Vice President, Chief Investment Officer). He is not indicated as a director or 10% owner on this filing.