Bender Shannon Lowry 4
4 · RENAISSANCERE HOLDINGS LTD · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
RNR General Counsel Shannon Bender Receives Stock Awards
What Happened
- Shannon Bender, EVP, General Counsel & Secretary of RenaissanceRe Holdings Ltd. (RNR), was awarded restricted shares and performance-based restricted shares on March 1, 2026 (transaction code A). The awards total 1,785 restricted shares plus 5,356 performance-based restricted shares (maximum potential), issued at $0.00.
- To cover withholding taxes on prior vesting events, 898 shares were withheld (transaction code F) on March 1, 2026 at an imputed price of $302.46 per share, resulting in proceeds/withheld value of $271,609 (broken out as 204, 213, 218 and 263 shares for $61,702 / $64,424 / $65,936 / $79,547 respectively). These withholding disposals are to satisfy tax obligations, not open-market sales.
Key Details
- Transaction dates: March 1, 2026 (reported March 3, 2026 — timely filing).
- Awards: 1,785 restricted shares (vest in four equal annual installments beginning March 1, 2027); 5,356 performance-based restricted shares (vest after service period ending Dec 31, 2028, subject to performance and continued employment; amount shown is the maximum).
- Tax withholding: 898 shares withheld across four vesting-related items at $302.46/share; total value ≈ $271,609.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes indicate the awards are under the 2016 Long Term Incentive Plan and that withheld shares relate to vesting of grants from March 1 of 2022–2025.
Context
- The primary transactions are grants (A) and tax-withholding dispositions (F). Grants are not purchases and convey future economic interest subject to vesting and performance conditions; the performance award amount shown is the maximum possible and may be reduced based on results.
- Withheld shares used to satisfy taxes are common and do not necessarily signal insider buying or selling intent.
Insider Transaction Report
Form 4
Bender Shannon Lowry
EVP, General Counsel & Secty
Transactions
- Award
Common Stock
[F1]2026-03-01+1,785→ 33,672 total - Award
Common Stock
[F2]2026-03-01+5,356→ 39,028 total - Tax Payment
Common Stock
[F3]2026-03-01$302.46/sh−204$61,702→ 38,824 total - Tax Payment
Common Stock
[F4]2026-03-01$302.46/sh−213$64,424→ 38,611 total - Tax Payment
Common Stock
[F5]2026-03-01$302.46/sh−218$65,936→ 38,393 total - Tax Payment
Common Stock
[F6]2026-03-01$302.46/sh−263$79,547→ 38,130 total
Footnotes (6)
- [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, 2022.
- [F4]Shares withheld for payment of withholding taxes upon the vesting of restricted shares granted to the reporting person on March 1, 2023.
- [F5]Shares withheld for payment of withholding taxes upon the vesting of restricted shares granted to the reporting person on March 1, 2024.
- [F6]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