Form 4: RGA President and CEO Tony Kin Shun Cheng Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Tony Kin Shun Cheng, President and CEO of Reinsurance Group of America (RGA), reports acquiring and disposing of common stock on March 14, 2025.
Summary
- On March 14, 2025, Tony Kin Shun Cheng, President and CEO of Reinsurance Group of America Inc. (RGA), acquired 7,140 shares of common stock at a price of $186.01 per share.
- These shares were acquired pursuant to an award of performance contingent stock granted in March 2022.
- On the same day, Cheng disposed of 1,409 shares of common stock at $186.01 per share to cover taxes withheld.
- Following these transactions, Cheng directly owns 30,369 shares of RGA common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing detailing stock transactions.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| March 2022 | Date of the performance contingent stock award. |
| 03/13/2025 | 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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