Form 4: RGA Executive Ronald Herrmann Reports Stock Acquisition and Tax Withholding
SEC Form 4 Filing
Ronald Herrmann, EVP of Reinsurance Group of America, reports acquiring shares through a performance-based award and disposing of shares to cover tax obligations.
Summary
- On March 14, 2025, Ronald Herrmann, an Executive Vice President at Reinsurance Group of America Inc. (RGA), reported a transaction involving the company's common stock.
- Herrmann acquired 7,004 shares of common stock at a price of $186.01 per share, stemming from a performance-contingent stock award granted in March 2022.
- Concurrently, Herrmann disposed of 3,061 shares at the same price of $186.01 to cover taxes withheld.
- Following these transactions, Herrmann directly owns 8,933 shares of RGA common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing reflects standard executive compensation practices and tax obligations.
Positives
- The acquisition of shares reflects positively on Herrmann's performance and the company's compensation structure.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing insights into the actions of company executives.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, primarily providing transparency into executive compensation.
Key Dates
| Date | Description |
|---|---|
| March 2022 | Date of the performance contingent stock award grant. |
| 03/14/2025 | Date of stock acquisition and disposal for tax withholding. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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