Form 4: Reinsurance Group of America Inc: Executive Tony Kin Shun Cheng Reports Acquisition of Stock Appreciation Rights
SEC Form 4 Filing
Tony Kin Shun Cheng, President and CEO of Reinsurance Group of America Inc, reports acquiring stock appreciation rights convertible to 26,532 shares of common stock on March 6, 2025.
Summary
- On March 6, 2025, Tony Kin Shun Cheng, President and CEO of Reinsurance Group of America Inc (RGA), acquired 26,532 stock appreciation rights (SARs).
- These SARs, with an exercise price of $193, are convertible into common stock.
- The SARs vest in three equal installments annually and will be fully vested by December 31, 2027.
- Following this transaction, Mr. Cheng directly owns 26,532 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the holdings of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of earliest transaction: Tony Kin Shun Cheng acquired stock appreciation rights. |
| 03/06/2025 | Transaction Date: Stock Appreciation Right (right to purchase) acquired. |
| 03/10/2025 | Date of signature for the report. |
| 12/31/2027 | Stock appreciation rights fully vest. |
| 03/06/2035 | Expiration date of the Stock Appreciation Right. |
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