RGA risk chief exercises 5,456 performance shares
Reinsurance Group of America executive Jonathan Porter, EVP and Global Chief Risk Officer, exercised 5,456 Performance Contingent Stock units into 5,456 shares of common stock on March 12, 2026, from an award granted on March 9, 2023.
Rhea-AI Filing Summary
Reinsurance Group of America executive Jonathan Porter, EVP and Global Chief Risk Officer, exercised 5,456 Performance Contingent Stock units into 5,456 shares of common stock on March 12, 2026, from an award granted on March 9, 2023.
To cover taxes on this vesting, 2,921 shares were delivered back to the company at a price of $205.00 per share, the closing price used for withholding. After these transactions, Porter directly holds 14,885 shares of common stock, reflecting a net increase of 2,535 shares from this award-based exercise and tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Contingent Shares 2026 | 5,456 | $0.00 | $0.00 |
| Exercise | Common stock | 5,456 | $205.00 | $1.12M |
| Exercise Price or Tax Liability | Common stock | 2,921 | $205.00 | $599K |
Footnotes (4)
- F1. Acquired pursuant to award of Performance Contingent Stock granted on March 9, 2023.
- F2. Shares of Common Stock delivered to Issuer as payment for taxes withheld. The reported share price of $205.00 was the closing price on March 12, 2026, which was the price that was used for tax withholding purposes.
- F3. Each Performance Contingent Stock unit represents the right to receive one (1) share of Issuer's Common Stock.
- F4. Expiration date is not applicable for this transaction.
FAQ
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What insider transaction did RGA executive Jonathan Porter report on this Form 4?
What do RGA Performance Contingent Stock units represent in Jonathan Porter’s Form 4?
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