|4Mar 3, 4:12 PM ET

Curtis Ross 4

Research Summary

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RenaissanceRe (RNR) EVP Curtis Ross Receives Restricted Share Award

What Happened

  • Curtis Ross, EVP and Chief Portfolio Officer of RenaissanceRe Holdings Ltd. (RNR), was granted a total of 10,248 restricted common shares on March 1, 2026. The grant consists of 2,562 time‑based restricted shares and 7,686 performance‑based restricted shares. The reported acquisition price is $0.00 (common for compensation awards reported as "A" — grant/award).

Key Details

  • Transaction date and price: March 1, 2026; price reported $0.00; filing dated March 3, 2026.
  • Share breakdown: 2,562 time‑based restricted shares; 7,686 performance‑based restricted shares; total 10,248.
  • Shares owned after transaction: not specified in the filing.
  • Footnotes:
    • Time‑based awards vest in four equal annual installments beginning March 1, 2027.
    • Performance awards vest after the service period ends on December 31, 2028, subject to service and performance conditions (actual vesting depends on multi‑year performance vs. peers; the number reported is the maximum potential).
  • Timeliness: filing appears timely (reported period 2026‑03‑01, filed 2026‑03‑03).

Context

  • These are compensation grants (award type "A"), not open‑market purchases or sales; they reflect executive compensation and vest over future service/performance periods rather than an immediate cash transaction.
  • Performance shares are contingent on continued employment and specified performance metrics (growth in book value per share plus accumulated dividends and underwriting expense ratio vs peers over the three‑year performance period).