ODonnell Kevin 4

What Happened
Kevin O'Donnell, CEO of Renaissance Holdings Ltd. (RNR), had performance-based restricted shares from a March 1, 2023 award settle following the end of the performance period. The Form 4 shows 7,647 shares were withheld to satisfy tax withholding obligations at $297.22/share (total value ≈ $2,272,841) and 2,424 shares were forfeited to the issuer at $0.00.

Key Details

• Transaction dates: March 10, 2026 (reported on Form 4 filed March 12, 2026). Filing appears timely (within the typical 2-business-day window).
• Dispositions: 7,647 shares withheld for taxes (code F) at $297.22/share = $2,272,841; 2,424 shares forfeited to issuer (code D) at $0.00.
• Shares owned after transaction: not specified in the provided summary of the filing.
• Footnotes of note:
  • F1: The 2,424-share line reflects forfeiture of a portion of the March 1, 2023 performance award after peer results and Committee determination.
  • F2: The 7,647-share line reflects shares withheld to pay withholding taxes upon vesting.
  • F3: Some securities noted elsewhere are owned/controlled by a family limited partnership for immediate family benefit and may be deemed beneficially owned by the reporting person.
• Transaction codes: D = disposition to issuer (forfeiture); F = withholding to cover tax liabilities (common routine treatment on vesting).

Context
This was not an open-market sale but routine post-vesting actions: a portion of the performance-based award was forfeited per performance results, and shares were withheld to satisfy tax withholding (a cashless-like settlement). Such withholdings and forfeitures are administrative outcomes of equity awards and do not necessarily indicate discretionary insider selling or a change in sentiment.