Form 4: Reinsurance Group of America Director Acquires Phantom Stock as Compensation

Reinsurance Group of America's Director, John J. Gauthier, acquired 810 shares of phantom stock as part of his compensation for services rendered.

Summary

• John J. Gauthier, a Director of Reinsurance Group of America Inc. (RGA), acquired 810 shares of phantom stock.
• The transaction occurred on May 21, 2025.
• The phantom stock was acquired at a conversion price of $0, with each unit representing one share of RGA Common Stock, valued at $203.75 per share on the transaction date.
• This acquisition is a result of the deferral of a stock grant for services performed as an independent director.
• Payment for the phantom stock can be elected upon retirement or after a five or seven-year deferral period, and is distributable upon the director's retirement from the Board.

Sentiment

Score: 5

Explanation: This is a routine insider transaction reporting director compensation, which is neither inherently positive nor negative for the company's immediate prospects or financial health.

Positives

• Director John J. Gauthier received 810 shares of phantom stock as compensation, aligning his interests with shareholders.

Future Outlook

NA

Management Comments

• The phantom stock was acquired pursuant to deferral of a stock grant for services performed as an independent director.
• Payment can be elected upon retirement or after a five or seven-year deferral period, distributable upon the director's retirement from the Board.

Industry Context

This Form 4 filing reports a routine insider transaction related to director compensation, which is not indicative of broader industry trends or specific competitive dynamics.

Related Party Transactions

• Acquisition of 810 shares of phantom stock by Director John J. Gauthier as compensation for services rendered.

Stakeholder Impact

• Shareholders: Director's interests are further aligned with shareholder value through stock-based compensation.

Key Dates

Keywords

RGA, Reinsurance Group of America, Form 4, insider transaction, beneficial ownership, phantom stock, director compensation