How many restricted share units were settled into RGA common stock?

Cormac settled 321 RSUs from a March 2023 grant, 95 RSUs from a March 2024 grant, and 101 RSUs from a March 2025 grant, each RSU converting into one share of common stock.

When do the earlier RGA restricted share unit grants fully vest?

The March 15, 2024 RSUs vest in 33 1/3% annual increments and fully vest on December 31, 2026, while the March 9, 2023 RSUs fully vest on December 31, 2025.

RGA (NYSE: RGA) EVP settles RSUs and withholds stock to cover taxes

Q: What insider activity did RGA EVP Galvin Cormac report on this Form 4?

Galvin Cormac, EVP and Head of EMEA at Reinsurance Group of America (RGA) , reported the settlement of multiple restricted share unit (RSU) awards into common stock and the withholding of some shares to satisfy tax obligations on January 15, 2026.

Q: What is the vesting schedule for the March 2025 RGA restricted share units?

The March 6, 2025 RSUs vest in 33 1/3% increments over three years and fully vest on December 31, 2027, according to the footnotes.

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Reinsurance Group of America executive Galvin Cormac reported routine equity compensation activity involving restricted share units (RSUs) and common stock on January 15, 2026. Several RSU grants from March 2023, March 2024 and March 2025 were settled, with 321, 95 and 101 units respectively converted into an equal number of shares of common stock, as each RSU represents one share upon settlement. To cover tax obligations, 48, 45 and 151 common shares were withheld at a price of $196.73 per share. After these transactions, Cormac directly owned 2,740 shares of Reinsurance Group of America common stock.

Insider Trade Summary

Net Buyer: 273 shares

Net Buy 9 txns

Insider Galvin Cormac

Role EVP, Head of EMEA

Type	Security	Shares	Price	Value
Exercise	Restricted Share Unit - March 2025	101	$0.00	$0.00
Exercise	Restricted Share Unit - March 2024	95	$0.00	$0.00
Exercise	Restricted Share Unit - March 2023	321	$0.00	$0.00
Exercise	Common Stock	101	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	48	$196.73	$9K
Exercise	Common Stock	95	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	45	$196.73	$9K
Exercise	Common Stock	321	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	151	$196.73	$30K

Holdings After Transaction: Restricted Share Unit - March 2025 — 0 shares (Direct); Restricted Share Unit - March 2024 — 0 shares (Direct); Restricted Share Unit - March 2023 — 0 shares (Direct); Common Stock — 2,740 shares (Direct)

Footnotes (4)

F1. Each restricted share unit represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement.
F2. Restricted share units granted on March 6, 2025, vest in 33 and 1/3% increments over three years, and fully vest on December 31, 2027.
F3. Restricted share units granted on March 15, 2024, vest in 33 and 1/3% increments over three years, and fully vest on December 31, 2026.
F4. Restricted share units granted on March 9, 2023, fully vest on December 31, 2025.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 01/20/2026 - 08:22 PM

FAQ

What insider activity did RGA EVP Galvin Cormac report on this Form 4?

Galvin Cormac, EVP and Head of EMEA at Reinsurance Group of America (RGA), reported the settlement of multiple restricted share unit (RSU) awards into common stock and the withholding of some shares to satisfy tax obligations on January 15, 2026.

Were RGA shares withheld to cover taxes in this Form 4 filing?

Yes. To cover tax withholding related to the RSU settlements, 48, 45, and 151 shares of RGA common stock were withheld at a price of $196.73 per share in separate transactions on January 15, 2026.

How many RGA common shares does Galvin Cormac own after these transactions?

Following the reported RSU settlements and tax-withholding transactions on January 15, 2026, Galvin Cormac directly held 2,740 shares of Reinsurance Group of America common stock.

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^*

Galvin Cormac

(Last)

(First)

(Middle)

16600 SWINGLEY RIDGE ROAD

(Street)

CHESTERFIELD

63017

(City)

(State)

(Zip)

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, Head of EMEA

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/15/2026		M		101⁽¹⁾⁽²⁾	A	⁽¹⁾⁽²⁾	2,568	D
Common Stock	01/15/2026		F		48⁽²⁾	D	$196.73⁽²⁾	2,520	D
Common Stock	01/15/2026		M		95⁽¹⁾⁽³⁾	A	⁽¹⁾⁽³⁾	2,615	D
Common Stock	01/15/2026		F		45⁽³⁾	D	$196.73⁽³⁾	2,570	D
Common Stock	01/15/2026		M		321⁽¹⁾⁽⁴⁾	A	⁽¹⁾⁽⁴⁾	2,891	D
Common Stock	01/15/2026		F		151⁽⁴⁾	D	$196.73⁽⁴⁾	2,740	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Share Unit - March 2025	$193⁽¹⁾	01/15/2026		M			101	12/31/2027	⁽²⁾	Common Stock	101	⁽²⁾	0	D
Restricted Share Unit - March 2024	$185.28⁽¹⁾	01/15/2026		M			95	12/31/2026	⁽³⁾	Common Stock	95	⁽³⁾	0	D
Restricted Share Unit - March 2023	$138.34⁽¹⁾	01/15/2026		M			321	12/31/2025	⁽⁴⁾	Common Stock	321	⁽⁴⁾	0	D

Explanation of Responses:

1. Each restricted share unit represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement.

2. Restricted share units granted on March 6, 2025, vest in 33 and 1/3% increments over three years, and fully vest on December 31, 2027.

3. Restricted share units granted on March 15, 2024, vest in 33 and 1/3% increments over three years, and fully vest on December 31, 2026.

4. Restricted share units granted on March 9, 2023, fully vest on December 31, 2025.

Remarks:

	/s/ My Chi To, by Power of Attorney	01/20/2026
	** 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.

Source: View Original Filing on SEC EDGAR