Marra David E 4
4 · RENAISSANCERE HOLDINGS LTD · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
RenaissanceRe (RNR) EVP David Marra Receives Awards; Shares Withheld
What Happened
David E. Marra, EVP and Chief Underwriting Officer of RenaissanceRe Holdings Ltd. (RNR), received two equity awards on March 1, 2026: 2,975 restricted common shares (grant) and 8,926 performance-based restricted common shares (award), each acquired at $0.00 (restricted grants). On the same date, 953 shares were withheld to satisfy tax withholding obligations related to prior restricted-share vestings — 254, 317 and 382 shares — each withheld at a per-share value of $302.46, totaling $288,245. The grants are reported as Award/Grant (code A) and the share dispositions are reporting-code F (payment of tax liability via share withholding).
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (timely filing).
- Grants: 2,975 restricted shares (acquired $0.00) and 8,926 performance-based restricted shares (acquired $0.00).
- Withheld shares for taxes: 254 shares ($76,825), 317 shares ($95,880), 382 shares ($115,540); total withheld = 953 shares / ~$288,245 at $302.46 per share.
- Shares owned after the transactions: not specified in the filing.
- Relevant footnotes:
- F1: 2,975 restricted shares vest in four equal annual installments beginning March 1, 2027.
- F2: 8,926 performance-based restricted shares represent the maximum possible award; vesting after service period (12/31/2028) depends on performance and continued employment.
- F3–F5: the withheld shares relate to withholding taxes upon vesting of restricted shares granted on March 1 of 2023, 2024 and 2025.
- Transaction types explained: A = award/grant (restricted shares); F = shares withheld to satisfy tax liabilities (not an open-market sale).
Context
- The grants are equity compensation (restricted and performance-based) and do not represent an open-market purchase or sale by the insider. Performance shares are contingent on future metrics and continued service, so the full 8,926 may not ultimately vest.
- The withheld shares are routine tax-withholding actions tied to vesting events and are different from discretionary insider sales.
- No indication of a 10b5-1 plan, gifts, or option exercises in this filing.
Insider Transaction Report
Form 4
Marra David E
EVP,Chief Underwriting Officer
Transactions
- Award
Common Stock
[F1]2026-03-01+2,975→ 90,774 total - Award
Common Stock
[F2]2026-03-01+8,926→ 99,700 total - Tax Payment
Common Stock
[F3]2026-03-01$302.46/sh−254$76,825→ 99,446 total - Tax Payment
Common Stock
[F4]2026-03-01$302.46/sh−317$95,880→ 99,129 total - Tax Payment
Common Stock
[F5]2026-03-01$302.46/sh−382$115,540→ 98,747 total
Footnotes (5)
- [F1]Grant of restricted shares of the issuer pursuant to the RenaissanceRe Holdings Ltd. First Amended and Restated 2016 Long Term Incentive Plan, as amended (the "2016 Plan"). These shares will vest in four equal annual installments beginning on March 1, 2027.
- [F2]Grant of performance-based restricted common shares of the Issuer pursuant to the 2016 Plan. These shares will vest following the expiration of the service period on December 31, 2028, subject to the satisfaction of service- and performance-based vesting conditions. The amount awarded represents the maximum potential achievable number of shares. The number of shares that ultimately vests is a function of the issuer's average growth in book value per common share plus accumulated dividends and average underwriting expense ratio as compared to peers during the three-year performance period, and is subject to the reporting person's continued employment through the expiration of the service period.
- [F3]Shares withheld for payment of withholding taxes upon the vesting of restricted shares granted to the reporting person on March 1, 2023.
- [F4]Shares withheld for payment of withholding taxes upon the vesting of restricted shares granted to the reporting person on March 1, 2024.
- [F5]Shares withheld for payment of withholding taxes upon the vesting of restricted shares granted to the reporting person on March 1, 2025.
Signature
/s/ Molly E. Gardner, Attorney-in-Fact|2026-03-03