Every Form 4 that Reinsurance Group of America, Incorporated (RGA) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow RGA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RGA filings page.
REINSURANCE GROUP OF AMERICA INC (RGA) reported that director Maurice Tulloch received a grant of 406 shares of common stock on July 1, 2026 as part of his non-deferred, prorated annual compensation for joining the Board of Directors, effective that same date.
The filing also reports that 122 shares of common stock were withheld by Reinsurance Group of America, Incorporated on July 1, 2026 at $215.65 per share to satisfy tax withholding obligations related to this stock issuance. No Rule 10b5-1 trading plan is reported, and this Form 4/A corrects a prior filing that omitted the tax-withholding shares.
REINSURANCE GROUP OF AMERICA INC executive Jonathan Porter, EVP and Global Chief Risk Officer, reported a sale of 8,589 shares of common stock on August 12, 2026. The sale, described as an open-market or private transaction, was executed at a weighted average price of $246.2987 per share, with individual trades priced between $246.220 and $246.525. Following this transaction, Porter directly holds 14,885 shares of RGA common stock. The filing’s Rule 10b5-1 checkbox was not marked.
Reinsurance Group of America Executive Vice President Ronald Herrmann reported multiple transactions tied to stock appreciation rights that settle in common stock. On August 11, 2026, he exercised four SAR grants from 2021, 2023, 2024 and 2025, converting an aggregate of 10,802 stock appreciation rights into common shares at stated exercise prices of $129.01, $138.34, $185.28 and $193.00 per share. According to the disclosures, 8,683 shares were delivered or withheld to satisfy exercise price and tax withholding obligations, with the remainder settled as net shares, including 688, 761, 454 and 216 shares for the respective awards. The 2021 SARs were fully exercised, while portions of the 2023, 2024 and 2025 grants remain outstanding, with 1,033, 1,656 and 3,632 stock appreciation rights continuing in effect.
REINSURANCE GROUP OF AMERICA INC executive Jonathan Porter, EVP and Global Chief Risk Officer, reported a series of option exercises and related share withholdings on August 11, 2026. He exercised 17,311 stock options granted between 2019 and 2023, with exercise prices ranging from $106.53 to $145.25 per share, receiving an equivalent number of common shares. To fund the exercise prices, a total of 8,722 common shares were withheld at $244.65 per share, as described in the footnotes, resulting in net share settlements for each grant. One 2023 net-settled option grant shows 857 options remaining after this transaction. The filing indicates these trades were not made under a Rule 10b5-1 trading plan.
TULLOCH MAURICE reported acquisition or exercise transactions in this Form 4 filing.
Reinsurance Group of America director Maurice Tulloch received a grant of 406 shares of common stock on July 1, 2026. The shares were issued as part of his non-deferred, prorated annual compensation as a new member of the Board of Directors. Following this grant, he holds 406 common shares directly, and the transaction reflects a compensation-related award rather than an open-market purchase.
Reinsurance Group of America EVP and Chief Legal Officer To My Chi reported routine equity compensation activity. On June 6, 2026, she exercised 5,661 restricted stock units into common stock as part of a special June 2025 grant that vests in 33 1/3% increments and fully vests on June 6, 2028.
On June 25, 2026, 2,515 shares of common stock were delivered back to the company to cover tax withholding at a price of $207.79 per share, which was the closing price on June 24, 2026. After these transactions, she directly holds 3,525 shares of common stock and 11,323 restricted stock units.
Reinsurance Group of America director Steven C. Van Wyk received a grant of 1,518 phantom stock units as compensation. The units are linked 1-for-1 to the company’s common stock and were acquired through deferral of his annual cash retainer (701 units) and annual stock grant (817 units) for board service. Payment will be made in accordance with his elections, either upon retirement from the board or after a five- or seven-year deferral period.
Reinsurance Group of America executive John W. Hayden, EVP and Controller, reported a combination of option-related activity and a small share sale in company stock. On May 20, 2026, he exercised stock appreciation rights tied to 1,867 shares of common stock at a base price of $129.80 per share.
According to the footnote, 1,126 shares were deducted to cover the SAR base price and 327 shares were withheld for applicable taxes, leaving 414 net shares issued. Those 414 shares were then sold in an open-market transaction at an average price of $214.95 per share. After these transactions, Hayden directly holds 20,949 shares of Reinsurance Group of America common stock.
REINSURANCE GROUP OF AMERICA INC director Alison S. Rand received a grant of 817 phantom stock units, which convert 1-for-1 into common stock based on fair market value. The award represents a deferral of her annual stock grant for board service and will be paid at retirement or after a five- or seven-year deferral period, according to her distribution elections.
Reinsurance Group of America director Hazel McNeilage received a grant of 817 phantom stock units. These units were awarded as a deferral of her annual stock grant for services as an independent director and convert 1-for-1 into common stock based on fair market value.
The phantom stock will be paid out either upon her retirement from the board or after a five- or seven-year deferral period, according to her distribution elections. Following this award, she holds 817 phantom stock units tied to an equal number of underlying common shares.
REINSURANCE GROUP OF AMERICA INC director John J. Gauthier received a grant of 817 phantom stock units tied to common stock. The units were acquired as a deferral of his annual stock grant for board service and convert 1-for-1 into common shares based on fair market value, with distributions generally after a deferral period or upon retirement from the board.
Reinsurance Group of America director receives annual share grant
Reinsurance Group of America reported that director Patricia Lynn Guinn acquired 817 shares of common stock on May 20, 2026. The shares were granted as part of the company’s annual equity award to independent directors for board service, at a price of $214.13 per share.
Following this grant, Guinn directly holds 817 common shares. This is a compensation-related equity award rather than an open-market purchase or sale, and it reflects standard board compensation practices rather than a discretionary trading decision.
REINSURANCE GROUP OF AMERICA director Giuseppina Albo received a grant of 1,469 phantom stock units as compensation. These units were acquired through deferral of her annual cash retainer (652 units) and annual stock grant (817 units) for board service.
The phantom stock converts 1-for-1 into common stock based on fair market value and is paid only after she leaves the board or after a five- or seven-year deferral period, according to her distribution elections. This is a non-cash, deferred equity-based award rather than an open-market share purchase.
REINSURANCE GROUP OF AMERICA INC director Thomas A. Shundrawn received a grant of 817 phantom stock units on May 20, 2026 as compensation for board service. These units are derivative awards that track the value of the company’s common stock on a one-for-one basis.
The phantom stock was acquired at $0.00 per unit, bringing Shundrawn’s total phantom stock holdings to 817 units after the transaction. According to the terms, the units are payable in connection with his retirement from the board or after an elected five- or seven-year deferral period.
Babej Peter reported acquisition or exercise transactions in this Form 4 filing.
Reinsurance Group of America director Peter Babej received a grant of common stock as part of his board compensation. On May 20, 2026, he was awarded 613 shares of common stock, described as an annual grant to independent directors for services performed, at a reference value of $214.13 per share. Following this compensation-related award, his directly held position reported in this filing is 613 shares of common stock.
Reinsurance Group of America director Stephen T. O'Hearn received a grant of 1,856 phantom stock units tied to the company’s common stock. These units were acquired through deferral of his annual cash retainer (525 shares) and annual stock grant (1,331 shares) for board service.
The phantom stock converts 1-for-1 into common shares based on fair market value and is distributable upon O'Hearn’s retirement from the board or after a five- or seven-year deferral period, according to his distribution elections. This is a compensation-related, non-cash acquisition rather than an open-market trade.
Reinsurance Group of America director Khanh T. Tran received a grant of 1,496 phantom stock units, which convert 1-for-1 into common stock based on fair market value. The award reflects a deferral of the director’s annual cash retainer (679 units) and annual stock grant (817 units).
These phantom stock units are payable in common shares according to Tran’s distribution elections, either upon retirement from the board or after a five- or seven-year deferral period. Following this grant, Tran holds 1,496 phantom stock units directly.
Reinsurance Group of America director Michele Bang received a grant of 817 phantom stock units as board compensation. These units were acquired through deferral of her annual stock grant and convert 1-for-1 into common shares based on fair market value. Payment will be made in accordance with her distribution elections, either after a five- or seven-year deferral period or upon retirement from the board. This is a non-cash, compensation-related award rather than an open-market stock purchase or sale.
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.
Reinsurance Group of America executive Cormac Galvin received new equity-based awards as part of his compensation. He was granted stock appreciation rights covering 1,572 shares of common stock at an exercise price of $200.50 per share and 544 restricted share units. These awards settle in common stock and vest in equal one-third installments each year, beginning on the first anniversary of the March 19, 2026 grant date, and fully vest on March 19, 2029.
REINSURANCE GROUP OF AMERICA INC reported that President and CEO Tony Kin Shun Cheng received a grant of stock appreciation rights linked to 32,767 shares of common stock. These derivative awards have an exercise price of $200.50 per share and expire on March 19, 2036.
The stock appreciation rights settle in common stock and vest in 33 1/3% increments, beginning on the first anniversary of the March 19, 2026 grant date, and fully vest on March 19, 2029. Following this grant, Cheng holds 32,767 stock appreciation rights directly.
REINSURANCE GROUP OF AMERICA Executive Vice President Ronald Herrmann reported compensation-related equity grants on March 19, 2026. He received 6,049 stock appreciation rights tied to common stock at an exercise price of $200.50 per share, expiring on March 19, 2036. He also received restricted share units that settle in common stock. According to the footnote, these stock appreciation rights and restricted share units vest in 33 1/3% increments beginning on the first anniversary of the grant and fully vest on March 19, 2029. These are awards, not open-market purchases or sales, and increase his direct equity-linked exposure to the company.
Reinsurance Group of America granted equity awards to Exec. Advisor to CEO Simon Wainwright. He received stock appreciation rights covering 1,609 shares of common stock at an exercise price of $200.50 per share and 557 restricted share units, both settling in common stock.
The awards vest in 33 1/3% annual installments starting on the first anniversary of the March 19, 2026 grant date and fully vest on March 19, 2029, aligning the executive’s compensation with long-term share performance.
Reinsurance Group of America reported that EVP and Chief Financial Officer Andre Axel received equity-based compensation awards on March 19, 2026. He was granted 8,642 Stock Appreciation Rights tied to common stock at an exercise price of $200.50 per share, expiring on March 19, 2036. He also received 2,993 restricted share units, which convert into common stock.
Both the stock appreciation rights and restricted share units settle in common stock and vest in 33 1/3% annual increments, beginning on the first anniversary of the grant and fully vesting on March 19, 2029. These are compensation grants, not open-market share purchases or sales.
Reinsurance Group of America executive Jonathan Porter, EVP and Global Chief Risk Officer, reported new equity-based compensation. He received 3,176 stock appreciation rights tied to common stock with an exercise price of $200.50 per share, expiring on March 19, 2036.
Porter was also granted 1,100 restricted share units linked to common stock. Both the stock appreciation rights and the restricted share units settle in common stock and vest in equal 33 1/3% installments each year, beginning on the first anniversary of the grant, and fully vest on March 19, 2029. These are compensation awards, not open-market purchases or sales.
Reinsurance Group of America executive vice president and controller John W. Hayden received new equity-based compensation awards tied to the company’s common stock. On March 19, 2026, he was granted stock appreciation rights covering 1,174 shares of common stock at an exercise price of $200.50 per share, expiring on March 19, 2036.
He was also granted 407 restricted share units linked to common stock. According to the footnote, these stock appreciation rights and restricted share units settle in common stock and vest in 33 1/3% increments beginning on the first anniversary of the grant, fully vesting on March 19, 2029. These are compensation awards, not open-market share purchases or sales.
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.
Reinsurance Group of America executive vice president and chief legal officer To My Chi reported receiving new equity-based awards. On March 19, 2026, Chi was granted 3,457 stock appreciation rights tied to common stock with a conversion price of $200.50 per share and an expiration date of March 19, 2036. Chi also received 1,197 restricted share units linked to common stock. According to the footnote, these stock appreciation rights and restricted share units settle in common stock and vest in 33 1/3% increments beginning on the first anniversary of the grant, fully vesting on March 19, 2029. The awards reflect compensation-related acquisitions rather than open-market buying or selling.
REINSURANCE GROUP OF AMERICA executive Raymond Kleeman, EVP and Chief HR Officer, received new equity-based awards. He was granted 2,999 stock appreciation rights with a conversion price of $200.50 per share, expiring on March 19, 2036, plus 1,039 restricted share units tied to common stock.
The stock appreciation rights and restricted share units settle in common stock and vest in 33 1/3% increments beginning on the first anniversary of the March 19, 2026 grant date, becoming fully vested on March 19, 2029. These awards increase Kleeman’s direct equity-linked holdings in the company.
REINSURANCE GROUP OF AMERICA INC executive Arthur Ozeki received new equity awards in the form of derivatives linked to common stock. As EVP and Head of Asia Pacific, he was granted stock appreciation rights covering 2,130 shares of common stock at an exercise price of $200.50 per share, expiring on March 19, 2036.
He also received 738 restricted share units linked to common stock. According to the award terms, both the stock appreciation rights and the restricted share units vest in 33 1/3% increments beginning on the first anniversary of the March 19, 2026 grant date and fully vest on March 19, 2029. These are compensation-related grants, not open-market purchases or sales.
Reinsurance Group of America EVP & Chief Strategy Officer Laura Cockrill exercised performance-based equity awards and received additional common shares. On March 12, 2026, she exercised 1,079 Performance Contingent Stock units, each converting into one share of common stock. Of the resulting shares, 314 were delivered back to the company to cover tax withholding at a share price of $205.00, based on that day’s closing price. After these transactions, she directly held 2,811 shares of common stock, reflecting a net increase in her equity position from this compensation-related event rather than an open-market trade.
Reinsurance Group of America executive Arthur Ozeki exercised performance-based stock awards and increased his direct shareholding. On the transaction date, he converted 2,689 Performance Contingent Shares into 2,689 shares of common stock, effectively exercising an equity award granted on March 9, 2023.
The common shares from this award were valued at $205.00 per share in the filing, and his direct ownership after the transaction totals 13,036 shares of Reinsurance Group of America common stock. No open-market purchases or sales were reported; this is a compensation-related exercise of previously granted performance stock units.
Reinsurance Group of America EVP and Controller John W. Hayden exercised performance-based stock awards into common shares. On March 12, 2026, he converted 2,252 Performance Contingent Stock units, each representing one share of common stock, into 2,252 shares of Reinsurance Group of America common stock.
A portion of these shares was delivered back to the company to cover tax withholding. Specifically, 656 common shares were transferred to the issuer as payment of taxes, using a share price of $205.00, which was the closing price on March 12, 2026. Following these transactions, Hayden directly owned 20,949 common 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.
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.
Reinsurance Group of America President and CEO Tony Kin Shun Cheng reported a compensation-related share transaction. On March 12, 2026, he exercised 17,388 Performance Contingent Stock units granted on March 9, 2023, receiving the same number of common shares.
To cover tax withholding, 6,715 common shares were delivered back to the company at a reference price of $205.00 per share. After these transactions, Cheng directly holds 43,408 shares of common stock. This filing reflects option-style vesting and tax settlement rather than an open-market purchase or sale.
Reinsurance Group of America EVP Ronald Herrmann exercised performance-based stock units into common shares and had shares withheld for taxes. On March 12, 2026, he converted 6,576 Performance Contingent Shares 2026 into 6,576 shares of common stock at an exercise price of $0.00 per share. Of these, 2,857 shares were delivered back to the company to cover tax withholding at a reference price of $205.00 per share, leaving a net increase of 3,719 shares. Following these transactions, Herrmann directly held 10,938 shares of common stock, and no Performance Contingent Shares 2026 remained outstanding.
Reinsurance Group of America EVP and Chief Investment Officer Leslie Barbi exercised performance-based equity awards and settled related taxes in shares. On March 12, 2026, she exercised 8,430 Performance Contingent Stock units, receiving 8,430 shares of common stock. The units were originally granted on March 9, 2023, and each unit converted into one share of common stock.
To cover taxes on this award, 3,992 common shares were delivered back to the company at a price of $205.00 per share, which was the closing price used for tax withholding. After these transactions, Barbi directly owned 20,296 shares of Reinsurance Group of America common stock. The tax withholding was not an open-market sale but a share delivery to the issuer to satisfy tax obligations.
Reinsurance Group of America executive advisor Simon Wainwright exercised performance-based equity and increased his direct common stock holdings. On March 12, 2026, he converted 2,239 Performance Contingent Shares 2026 into the same number of shares of common stock at a reported price of $205.00 per share, based on that day’s closing price. Of these, 1,053 shares were delivered back to the company to cover tax withholding obligations. Following these transactions, Wainwright directly holds 15,129 shares of Reinsurance Group of America common stock.
Reinsurance Group of America executive Cormac Galvin, EVP and Head of EMEA, exercised 1,496 Performance Contingent Stock units into the same number of shares of common stock on March 12, 2026. These units were originally granted on March 9, 2023, and each unit represented one share of common stock.
Of the shares received, 704 shares were delivered back to the company to cover tax withholding at a share price of $205.00, the closing price on March 12, 2026. After these compensation-related transactions, Galvin directly holds 3,532 shares of RGA common stock, reflecting a net increase of 792 shares, with no remaining Performance Contingent Stock units outstanding from this award.
Reinsurance Group of America executive Raymond Kleeman exercised performance-based stock units into common shares. On March 12, 2026, he converted 4,553 Performance Contingent Stock units, each representing one share of common stock, into 4,553 shares of common stock.
Of these shares, 2,006 were delivered back to the company to cover tax withholding, using a share price of $205.00 as the tax value. After the net settlement, Kleeman directly holds 10,244 shares of Reinsurance Group of America common stock, and no Performance Contingent Stock units from this award remain outstanding.
Reinsurance Group of America executive Jonathan Porter reported exercising equity awards into common stock. On 02/11/2026 he exercised 1,754 stock appreciation rights granted in 2017 and 1,905 non-qualified stock options granted in 2018. Shares were withheld to cover exercise prices and company tax withholding obligations. After these transactions, he directly owned 12,350 shares of Reinsurance Group of America common stock.
Reinsurance Group of America EVP Ronald Herrmann exercised 4,641 stock appreciation rights granted in 2022 on February 11, 2026. This exercise converted into common stock at an exercise price of $106.53 per share.
According to the filing, 2,240 shares were withheld to cover the exercise price and 715 shares were withheld to satisfy company tax withholding obligations, resulting in a net settlement of 1,686 shares. After these transactions, Herrmann directly owned 7,219 shares of RGA common stock.
Reinsurance Group of America executive advisor Wainwright Simon exercised 2,671 stock appreciation rights on common shares on February 10, 2026. The rights, granted in 2016 at an exercise price of $93.53, were converted into 2,671 shares of common stock.
To cover costs, 1,149 shares were withheld for the exercise price and 716 shares were withheld to satisfy company tax withholding obligations, resulting in a net settlement of 806 shares. After these transactions, Simon directly owned 13,943 shares of Reinsurance Group of America common stock.
Tony Kin Shun Cheng, President and CEO of Reinsurance Group of America (RGA), reported an equity transaction involving stock appreciation rights and common shares. On February 10, 2026, he exercised 4,152 Stock Appreciation Rights granted in 2016 at an exercise price of $93.53 per share, receiving the same number of common shares.
The filing shows 1,786 common shares were withheld at $217.51 per share to cover the exercise price, resulting in a net settlement of 2,366 new shares to him. After these transactions, Cheng directly holds 32,735 shares of RGA common stock.
Reinsurance Group of America executive Jonathan Porter, EVP and Global Chief Risk Officer, reported several equity transactions in company stock on January 20, 2026. The filing shows the settlement of restricted share units granted in March 2023, 2024, and 2025, including 1,170 restricted share units from the March 2023 grant converting into common stock, along with smaller conversions of 404 and 389 units from later grants. Related movements in common stock include dispositions reported at $196.73 per share. Following these transactions, Porter directly holds 11,576 shares of RGA common stock.
Reinsurance Group of America executive vice president and chief investment officer Leslie Barbi reported multiple equity award transactions on January 20, 2026. Several blocks of restricted share units granted in March 2023, 2024, and 2025 were exercised and settled into common stock, reflecting the scheduled vesting of these awards. To cover tax obligations, a total of common shares was automatically withheld and sold at $196.73 per share in several "F" coded transactions. After all conversions and tax withholdings, Barbi directly owned 15,858 shares of Reinsurance Group of America common stock.
Reinsurance Group of America executive reports RSU vesting and share withholding. EVP and Chief HR Officer Raymond Kleeman reported multiple equity transactions on January 15, 2026. Restricted share units granted in March 2023, 2024 and 2025 were exercised (code M), delivering a total of 1,594 shares of common stock. To cover tax obligations, the company withheld 502 shares at a price of $196.73 per share (code F). After these transactions, Kleeman directly owned 7,697 shares of Reinsurance Group of America common stock.
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.
Reinsurance Group of America executive My Chi To reported equity compensation activity. On January 15, 2026, 647 restricted stock units granted in June 2025 were settled into 647 shares of RGA common stock at no stated price. These units vest in three equal annual installments beginning December 31, 2025 and fully vest on December 31, 2027, with each unit delivering one share upon settlement. On the same date, 268 shares of common stock were withheld in a transaction coded “F,” typically used for tax withholding, leaving To with 379 directly held common shares after these transactions.