Hooley Stephen C 4
Research Summary
AI-generated summary
RenaissanceRe Director Stephen Hooley Receives 591-Share Award
What Happened
- Stephen C. Hooley, a director of RenaissanceRe Holdings Ltd. (RNR), was granted 591 restricted shares on 2026-05-11. The reported acquisition price is $0.00 (award/grant), so the Form 4 shows $0 total cash paid. This is an equity award under the company's long-term incentive plan, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-11; Form filed: 2026-05-12 (filed the next day; appears timely).
- Transaction type/code: A — grant/award of restricted shares.
- Shares granted: 591 shares; reported price: $0.00; reported dollar value: $0.
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: Grant made under the RenaissanceRe Holdings Ltd. 2026 Long Term Incentive Plan. The restricted shares vest in three equal annual installments beginning March 1, 2027.
- No indication of a 10b5-1 plan, immediate sale, tax-withholding sale, or late filing in the provided excerpt.
Context
- Restricted-share awards are compensation grants that typically vest over time and do not reflect an immediate buy or sell decision by the insider. Vesting schedules and potential future sales of vested shares may have trading implications later, but this grant by itself is routine executive/director compensation.