Form 4: Director Stephen T. O'Hearn Acquires Shares of Reinsurance Group of America Inc. Through Stock Grant Deferral
SEC Form 4 Filing
Stephen T. O'Hearn, a director of Reinsurance Group of America Inc., acquired 1,343 shares of common stock through a deferral of a stock grant for services performed as a director.
Summary
- On May 22, 2024, Stephen T. O'Hearn, a director of Reinsurance Group of America Inc. (RGA), acquired 1,343 shares of common stock.
- The acquisition was made through the deferral of a stock grant for services performed as a director.
- The price of the stock was $212.2 per share.
- Following the transaction, O'Hearn directly owns 1,343 shares and beneficially owns a total of 5,962 phantom shares.
- The shares are distributable upon the director's retirement from the Board in accordance with distribution elections, either upon retirement or after a five or seven year deferral period.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction related to director compensation. There is no indication of significant positive or negative implications for the company.
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 shares are distributable upon the director's retirement from the Board in accordance with distribution elections, either upon retirement or after a five or seven year deferral period.
Industry Context
Director share acquisitions are common in publicly traded companies and are often viewed as a sign of confidence in the company's prospects. This transaction is a routine part of director compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine part of director compensation.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: Stephen T. O'Hearn acquired 1,343 shares of RGA common stock. |
| 05/24/2024 | Date of report: Form 4 filing date. |
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