Form 4: Director Pina Albo Reports Acquisition of RGA Common Stock Through Deferral Program

Director Pina Albo acquired 1,367 shares of Reinsurance Group of America (RGA) common stock through a deferral program on May 22, 2024.

Summary

• Pina Albo, a director of Reinsurance Group of America Inc. (RGA), reported the acquisition of 1,367 shares of common stock on May 22, 2024.
• The acquisition was made through the deferral of the annual retainer (589 shares) and stock grant (778 shares) for services performed as a director.
• The price of the derivative security is $0, based on a 1 for 1 conversion based upon fair market value of Common Stock.
• The director can elect to receive payment upon retirement or after a five or seven-year deferral period.
• The shares are distributable upon the director's retirement from the Board in accordance with distribution elections.
• Following the reported transaction, the Reporting Person beneficially owns a total of 8,613 phantom shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director through a deferral program. While insider ownership is generally positive, this specific transaction is part of a compensation plan.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The director can elect to receive payment (1) upon retirement or (2) after a five or seven year deferral period.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company insiders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it reflects insider confidence.

Key Dates