RenaissanceRe (RNR) CEO receives new stock awards and covers taxes with shares
Rhea-AI Filing Summary
RenaissanceRe Holdings Ltd reported insider equity awards and related tax withholdings for President and CEO Kevin O’Donnell. On March 1, 2026, he was granted 8,596 restricted shares that vest in four equal annual installments beginning March 1, 2027.
He was also granted up to 25,788 performance-based restricted shares, which may vest after December 31, 2028, depending on the company’s book value growth, dividends, and underwriting expense ratio versus peers, and continued employment. To cover withholding taxes on prior awards, a total of 5,679 shares were automatically withheld, not sold on the open market.
After these transactions, O’Donnell directly held 446,894 common shares, and an additional 1,079 shares were held indirectly through a family limited partnership for the benefit of immediate family members, which may be deemed beneficially owned.
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