Form 4: Reinsurance Group of America Executive Simon Wainwright Reports Stock Acquisition and Tax Withholding

Sentiment:

SEC Form 4 Filing


Simon Wainwright, EVP at Reinsurance Group of America, reports acquiring 2,983 shares of common stock and disposing of 1,403 shares for tax withholding.

Summary

  • On March 14, 2025, Simon Wainwright, EVP at Reinsurance Group of America (RGA), acquired 2,983 shares of common stock at a price of $186.01 per share.
  • These shares were acquired pursuant to a performance-contingent stock award granted in March 2022.
  • On the same day, Wainwright disposed of 1,403 shares of common stock at $186.01 per share to cover taxes withheld.
  • Following these transactions, Wainwright directly owns 11,567 shares of RGA common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The acquisition of shares is a positive sign, but the disposal for tax purposes is a routine transaction. Overall, it reflects standard executive compensation practices.

Positives

  • The acquisition of shares indicates confidence in the company's performance and future prospects.

Negatives

  • The disposal of shares to cover taxes, while routine, slightly reduces Wainwright's overall holdings.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's sentiment towards the company's prospects.

Stakeholder Impact

  • The transactions may have a minor positive impact on shareholder sentiment due to the executive's increased stake in the company.

Key Dates

DateDescription
March 2022Date of the performance contingent stock grant.
03/14/2025Date of stock acquisition and disposal for tax withholding.
03/13/2025Closing price used for tax withholding purposes.
03/18/2025Date of signature on the Form 4 filing.

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