Form 4: Reinsurance Group of America Executive William Hutton Reports Stock Transactions
SEC Form 4 Filing
William Hutton, EVP, General Counsel & Secretary of Reinsurance Group of America Inc., reports the acquisition and disposal of common stock and stock appreciation rights.
Summary
- On September 19, 2024, William Hutton exercised stock appreciation rights (SARs) and sold shares of common stock to cover the exercise price and tax obligations.
- Specifically, 1,286 shares were acquired at $129.72, and 568 shares were withheld for tax obligations related to the 2017 SARs.
- Additionally, 880 shares were acquired at $150.87, with 389 shares withheld for tax obligations related to the 2018 SARs.
- On September 23, 2024, Hutton sold 1,209 shares at $218.97.
- Following these transactions, Hutton directly owns 12,357 shares of Reinsurance Group of America Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 09/19/2024 | Exercise of stock appreciation rights and sale of shares to cover exercise price and tax obligations. |
| 09/23/2024 | Sale of 1,209 shares at $218.97. |
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