Form 4: RGA Executive Leslie Barbi Reports Stock Acquisition and Tax Withholding
SEC Form 4 Filing
Leslie Barbi, EVP and Chief Investment Officer of Reinsurance Group of America, reports acquiring shares through a performance-based award and disposing of shares for tax obligations.
Summary
- On March 14, 2025, Leslie Barbi, EVP and Chief Investment Officer of Reinsurance Group of America Inc. (RGA), acquired 11,118 shares of common stock.
- These shares were acquired through a performance-contingent stock award granted in March 2022.
- On the same day, Ms. Barbi disposed of 4,898 shares of common stock to cover taxes withheld.
- The price per share for both transactions was $186.01, the closing price on March 13, 2025, used for tax withholding purposes.
- Following these transactions, Ms. Barbi beneficially owns 13,957 shares of RGA common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reports routine stock transactions. The acquisition of shares through a performance award is mildly positive, while the disposal for tax purposes is neutral.
Positives
- The acquisition of shares through a performance-based award suggests confidence in the company's future performance.
Negatives
- The disposal of shares to cover tax obligations could be perceived negatively, although it's a common practice.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates changes in the holdings of a key executive at RGA.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine insider activity.
Key Dates
| Date | Description |
|---|---|
| March 2022 | Date of the performance contingent stock grant. |
| March 13, 2025 | Closing price of $186.01 used for tax withholding purposes. |
| 03/14/2025 | Date of stock acquisition and disposal. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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