Form 4: RGA Executive Arthur Ozeki Reports Acquisition of Stock Appreciation Rights and Restricted Share Units
SEC Form 4
Executive Vice President Arthur Ozeki of Reinsurance Group of America Inc. reports acquiring stock appreciation rights and restricted share units.
Summary
- Arthur Ozeki, EVP, Head of Asia Pacific at Reinsurance Group of America Inc. (RGA), filed a Form 4.
- The filing reports the acquisition of stock appreciation rights for 1,900 shares and 696 restricted share units on March 6, 2025.
- The stock appreciation rights and restricted share units vest in 33 and 1/3% increments over three years and fully vest on December 31, 2027.
- Both the stock appreciation rights and restricted share units settle in Common Stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it is a standard filing related to executive compensation. The acquisition of shares can be seen as a positive sign, but it's a routine transaction.
Positives
- The acquisition of stock appreciation rights and restricted share units suggests confidence in the company's future performance.
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 view on the company's prospects.
Comparison to Industry Standards
- Executive compensation packages often include stock options, restricted stock units, and stock appreciation rights to align management's interests with those of shareholders.
- The vesting schedule of 33 and 1/3% increments over three years is a common vesting structure for equity-based compensation.
Stakeholder Impact
- The acquisition of stock appreciation rights and restricted share units aligns the executive's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of transaction for stock appreciation rights and restricted share units. |
| 03/06/2025 | Date stock appreciation rights were acquired. |
| 03/06/2035 | Expiration date of stock appreciation rights. |
| 12/31/2027 | Full vesting date for stock appreciation rights and restricted share units. |
| 03/10/2025 | Date of signature on the Form 4 filing. |
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