Form 4: RGA Executive Jonathan Porter Reports Stock Transactions
SEC Form 4 Filing
Jonathan Porter, EVP and Global Chief Risk Officer of Reinsurance Group of America, reports the acquisition and disposal of common stock and stock appreciation rights.
Summary
- On May 8, 2024, Jonathan Porter, EVP and Global Chief Risk Officer of Reinsurance Group of America Inc. (RGA), engaged in transactions involving the company's common stock and stock appreciation rights.
- Porter exercised stock appreciation rights, acquiring 1,573 shares of common stock at a price of $93.53.
- 956 shares were withheld to satisfy company tax obligations at $203.22.
- Following these transactions, Porter directly owns 7,624 shares of RGA common stock.
- He also continues to hold stock appreciation rights for 2,914 shares.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of stock transactions (exercise of stock appreciation rights and tax withholding). |
| 05/10/2024 | Date of signature on the Form 4 filing. |
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