RenaissanceRe director granted 578 restricted shares
Klehm Henry III reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Klehm Henry III reported acquisition or exercise transactions in this Form 4 filing.
RenaissanceRe Holdings Ltd director Henry Klehm III received a grant of 578 shares of common stock as a restricted stock award. The award was made at a price of $0.00 per share under the company’s long term incentive plan and is structured as equity compensation rather than a cash payment.
The restricted shares will vest in three equal annual installments beginning on March 1, 2027, meaning the director gains full ownership over time if service-based conditions are met. After this grant, he holds 20,305 common shares directly, and a further 13 shares are held indirectly through his spouse’s IRA account.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 578 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Grant of restricted shares of the issuer pursuant to the RenaissanceRe Holdings Ltd. First Amended and Restated 2016 Long Term Incentive Plan, as amended. These shares will vest in three equal annual installments beginning on March 1, 2027.
- F2. These securities are held by the spouse of the Reporting Person in an IRA account.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RNR director Henry Klehm III report on this Form 4?
Is this RNR Form 4 transaction a market buy or a compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.