Qutub Robert 4
4 · RENAISSANCERE HOLDINGS LTD · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
RenaissanceRe (RNR) CFO Robert Qutub Receives Awards; Shares Withheld
What Happened
- Robert Qutub, CFO of RenaissanceRe Holdings Ltd. (RNR), received two equity awards on March 1, 2026: 2,644 restricted shares and 7,934 performance-based restricted shares (total 10,578 shares, granted at $0). On the same date 1,628 shares were withheld to satisfy withholding tax obligations (reported as dispositions) at $302.46 per share, totaling $492,405. The awards are reported under the company's 2016 Long Term Incentive Plan.
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (timely filing).
- Awards: 2,644 restricted shares (F1) — vest in four equal annual installments beginning March 1, 2027.
- Performance award: 7,934 performance-based restricted shares (F2) — maximum potential award, vests after service period ends Dec 31, 2028, subject to performance and continued employment.
- Tax withholding (code F): 1,628 shares withheld (517, 432, 350, 329) at $302.46 each to cover tax liabilities, total value $492,405 (F3–F6 explain these relate to vesting of prior grants from 2022–2025).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Transaction codes: A = award/grant; F = shares withheld for taxes (not an open-market sale).
Context
- These transactions are primarily grants and routine tax-withholding upon vesting. The performance shares are contingent on future performance and service, so the full 7,934 may not ultimately vest. Withholding to cover taxes is common and does not equate to a voluntary cash sale of stock.
Insider Transaction Report
Form 4
Qutub Robert
EVP, Chief Financial Officer
Transactions
- Award
Common Stock
[F1]2026-03-01+2,644→ 75,667 total - Award
Common Stock
[F2]2026-03-01+7,934→ 83,601 total - Tax Payment
Common Stock
[F3]2026-03-01$302.46/sh−517$156,372→ 83,084 total - Tax Payment
Common Stock
[F4]2026-03-01$302.46/sh−432$130,663→ 82,652 total - Tax Payment
Common Stock
[F5]2026-03-01$302.46/sh−350$105,861→ 82,302 total - Tax Payment
Common Stock
[F6]2026-03-01$302.46/sh−329$99,509→ 81,973 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