Form 4: RGA Executive Acquires Stock Appreciation Rights and Restricted Share Units
SEC Form 4 Filing
Mark J. Brooks, EVP and CIO of Reinsurance Group of America, acquires stock appreciation rights and restricted share units.
Summary
- On March 6, 2025, Mark J. Brooks, EVP and CIO of Reinsurance Group of America Inc. (RGA), acquired stock appreciation rights (SARs) for 2,513 shares and 920 restricted share units.
- The exercise price for the SARs is $193.
- The SARs expire on March 6, 2035.
- The restricted share units fully vest on December 31, 2027.
- The SARs and restricted share units vest in 33 and 1/3% increments over three years.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing executive compensation, and does not inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and is common in the insurance and reinsurance industries.
Stakeholder Impact
- The acquisition of stock appreciation rights and restricted share units by an executive may incentivize performance and align the executive's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of transaction: acquisition of stock appreciation rights and restricted share units. |
| 03/06/2035 | Expiration date of stock appreciation rights. |
| 12/31/2027 | Full vesting date for restricted share units. |
| 03/10/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.