Joseph Victor George 4

What Happened Joseph Victor George, President, Chief Operating Officer and a director of Mercury General Corp (MCY), was granted 2,255.8 restricted stock units (RSUs) on February 21, 2026. The award was reported as a derivative grant (Form 4 transaction code A) with an acquisition price of $0.00. The RSUs are the economic equivalent of 2,255.8 shares and will be settled in cash when they vest.

Key Details

• Transaction date: 2026-02-21; Filing date: 2026-04-06 (filed 44 days after the transaction).
• Grant: 2,255.8 RSUs @ $0.00 (derivative award, transaction code A).
• Vesting/settlement: RSUs vest in three equal annual installments beginning February 21, 2027, and will be settled in cash upon vesting (per footnote).
• Shares owned after the transaction: not specified in this Form 4 filing.
• Timeliness: Form 4 was filed late relative to the usual two-business-day reporting requirement; late filings are typically noted by investors and regulators.

Context This was an equity‑compensation award (RSUs) rather than an immediate stock purchase or sale. Because these RSUs are cash‑settled and vest over time, they do not represent currently issued shares and should be viewed as part of executive compensation rather than an immediate market investment.