RGA executive granted SARs and RSUs

Reinsurance Group of America executive Laura Cockrill, EVP & Chief Strategy Officer, received equity-based compensation in the form of stock appreciation rights and restricted share units that settle in common stock.

Rhea-AI Filing Summary

Reinsurance Group of America executive Laura Cockrill, EVP & Chief Strategy Officer, received equity-based compensation in the form of stock appreciation rights and restricted share units that settle in common stock. These awards were granted at no cash cost to her.

She was granted 2,268 stock appreciation rights tied to common stock, with an exercise price of $200.50 per share and an expiration date of March 19, 2036, plus 786 restricted share units tied to common stock. According to the disclosure, both the stock appreciation rights and restricted share units vest in 33 1/3% increments starting on the first anniversary of the March 19, 2026 grant date and are scheduled to be fully vested on March 19, 2029.

Insider Trade Summary

Grant/Award: 3,054 shares

Grant/Award 2 txns

Insider Cockrill Laura

Role EVP & Chief Strategy Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit - March 2026	786	$0.00	$0.00
Grant/Award	Stock Appreciation Right (right to purchase) 2026	2,268	$0.00	$0.00

Holdings After Transaction: Restricted Share Unit - March 2026 — 786 contracts (Direct); Stock Appreciation Right (right to purchase) 2026 — 2,268 contracts (Direct)

Footnotes (1)

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.

Key Figures

Stock appreciation rights granted: 2,268 rights Exercise price of SARs: $200.50 per share SARs expiration date: March 19, 2036 +3 more

6 metrics

Stock appreciation rights granted 2,268 rights Grant to EVP & Chief Strategy Officer on March 19, 2026

Exercise price of SARs $200.50 per share Stock appreciation rights linked to common stock

SARs expiration date March 19, 2036 End date for 2,268 stock appreciation rights

Restricted share units granted 786 RSUs Grant labeled Restricted Share Unit - March 2026

Vesting pattern 33 1/3% per year Annual vesting increments beginning on first anniversary of grant

Full vesting date March 19, 2029 Both SARs and RSUs scheduled to be fully vested

Key Terms

Stock Appreciation Right, Restricted Share Unit, vest, exercise price, +1 more

5 terms

Stock Appreciation Right financial

"Stock Appreciation Right (right to purchase) 2026"

A stock appreciation right (SAR) is a form of employee pay that gives the holder the right to receive the increase in a company's share price over a set reference price, paid in cash or shares, without having to buy stock first. It matters to investors because SARs can create future cash outflows or dilute existing shareholders if settled in stock, and they align employee incentives with share-price performance like a bonus tied to a home's price rise.

Restricted Share Unit financial

"Restricted Share Unit - March 2026"

A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.

vest financial

"settle in common stock, vest in 33 1/3% increments"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

exercise price financial

"conversion_or_exercise_price": "200.5000""

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

common stock financial

"Stock appreciation rights and restricted share units settle in common stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

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

What did RGA EVP Laura Cockrill acquire in this Form 4 filing for RGA?

Laura Cockrill received equity-based compensation, not an open-market purchase. She was granted stock appreciation rights and restricted share units that settle in RGA common stock, providing potential future share-based value tied to the company’s stock performance and service-based vesting.

How many stock appreciation rights were granted to Laura Cockrill at RGA (RGA)?

She was granted 2,268 stock appreciation rights linked to RGA common stock. These rights give her upside based on share price increases above the fixed exercise price, and they follow a multi-year vesting schedule before becoming fully exercisable, subject to continued service conditions.

What are the key terms of Laura Cockrill’s stock appreciation rights at RGA?

The stock appreciation rights cover 2,268 underlying common shares with a $200.50 exercise price and expire on March 19, 2036. They settle in common stock and vest in thirds annually, becoming fully vested on March 19, 2029, assuming ongoing eligibility conditions.

How many restricted share units did RGA grant to Laura Cockrill?

She received 786 restricted share units tied to RGA common stock. These units settle in shares rather than cash and follow the same vesting structure as the stock appreciation rights, vesting in three equal annual installments until fully vested on March 19, 2029.

What is the vesting schedule for Laura Cockrill’s RGA equity awards?

Both the stock appreciation rights and restricted share units vest in 33 1/3% increments. Vesting starts on the first anniversary of the March 19, 2026 grant date and continues annually so that all awards are scheduled to be fully vested by March 19, 2029, subject to conditions.

Do Laura Cockrill’s new RGA awards involve any immediate cash transaction?

No immediate cash transaction is involved for these grants. The reported awards are compensation-related equity instruments granted at a reported price of zero, with value realized later through vesting and, for stock appreciation rights, potential gains above the $200.50 exercise price.

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

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Accepted by SEC EDGAR 04/27/2026 - 09:20 PM Learn about SEC filing dates

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^*

Cockrill Laura

(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)
	EVP & Chief Strategy Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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

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
Restricted Share Unit - March 2026	(1)	03/19/2026		A		786		(1)	(1)	Common Stock	786	$0	786	D
Stock Appreciation Right (right to purchase) 2026	$200.5(1)	03/19/2026		A		2,268		(1)	03/19/2036	Common Stock	2,268	$0	2,268	D

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.

Remarks:

This Form 4 is being filed late due to inadvertent administrative error.

	/s/ My Chi To, by Power of Attorney	04/27/2026
	** 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)