Bender Shannon Lowry 4

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.