RenaissanceRe (NYSE: RNR) director receives 578-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RenaissanceRe Holdings Ltd. director granted restricted stock
On March 1, 2026, director Shyam H. Gidumal acquired 578 shares of RenaissanceRe common stock through a grant of restricted shares under the company’s long-term incentive plan. Following this award, he directly holds 3,809 common shares. These restricted shares vest in three equal annual installments beginning on March 1, 2027, aligning his compensation with the company’s long-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GIDUMAL SHYAM H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 578 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,809 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did RNR director Shyam H. Gidumal report?
RNR director Shyam H. Gidumal reported receiving 578 shares of restricted common stock as a grant under RenaissanceRe’s long-term incentive plan. This is a compensation-related acquisition, not an open-market purchase, and increases his direct holdings to 3,809 shares.
What compensation plan was used for the RNR restricted stock grant to the director?
The restricted stock grant was made under the RenaissanceRe Holdings Ltd. First Amended and Restated 2016 Long Term Incentive Plan, as amended. This plan provides equity-based awards, such as restricted shares, to align directors’ and employees’ incentives with shareholder interests.