Chan Jenny Dickinson 4

What Happened

• Jenny Dickinson Chan, Vice President and Chief Human Resources Officer of Mercury General Corp (MCY), received two restricted stock unit (RSU) awards: 2,163 RSUs on 2026-01-12 and 1,666 RSUs on 2026-02-21 (total 3,829 RSUs). Each grant was recorded at $0.00 (award/derivative), and the RSUs are the economic equivalent of one share each.
• These awards are compensation grants (not open‑market purchases or sales). Per the filings, the RSUs will vest in three equal annual installments beginning on 2027-01-12 and 2027-02-21 for the respective grants, and they will be settled in cash upon vesting.

Key Details

• Transaction dates and price: 2026-01-12 (2,163 RSUs) and 2026-02-21 (1,666 RSUs); price reported $0.00 (award/derivative).
• Total RSUs awarded: 3,829.
• Vesting/settlement: Vest in three equal annual installments starting 2027-01-12 and 2027-02-21; settled in cash upon vesting (no immediate share issuance).
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Report filed 2026-04-06 for transactions on 2026-01-12 and 2026-02-21 — this appears to be a late filing relative to the usual two‑business‑day Form 4 deadline.

Context

• These are compensation awards (RSUs) that provide the economic value of shares but, per the footnotes, will be paid in cash when they vest — meaning they do not immediately increase outstanding share count.
• Awards like this are routine executive compensation and should not be interpreted as an explicit personal buy/sell signal. The late filing delays public visibility into the timing of the grants.