Form 4: Employers Holdings Director Acquires Dividend Equivalent Rights

Alejandro Perez-Tenessa, a director of Employers Holdings, Inc., reported the acquisition of dividend equivalent rights related to previously granted restricted stock units.

Summary

• On March 19, 2025, Alejandro Perez-Tenessa, a director of Employers Holdings, Inc. [EIG], acquired 29 dividend equivalent rights (DERs).
• These DERs accrued on vested restricted stock units (RSUs) that were previously granted to Perez-Tenessa.
• The director has voluntarily deferred delivery of these RSUs until six months following termination of service on the board.
• Each DER is the economic equivalent of one share of Employers Holdings, Inc. common stock.
• Lori A. Brown, acting as attorney in fact, signed the report on March 21, 2025.
• A power of attorney document was also filed, granting Lori A. Brown and Michael A. Pedraja the authority to act on behalf of Alejandro Perez-Tenessa for Section 16 reporting obligations.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies to ensure transparency.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves dividend equivalent rights related to existing equity compensation.

Key Dates

Keywords

Employers Holdings, Director, Dividend Equivalent Rights, Restricted Stock Units, Form 4, Section 16, Beneficial Ownership, Perez-Tenessa, EIG