Zhang Ximeng Simon 4
4 · MERCURY GENERAL CORP · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
Mercury General (MCY) VP Zhang X. Simon Receives RSU Award
What Happened
Zhang Ximeng Simon, VP and Chief Data & Analytics Officer of Mercury General Corp (MCY), received a grant of 1,388.3 restricted stock units (RSUs) on February 21, 2026. The reported acquisition price is $0.00 (code A — award/grant); these RSUs are derivative awards that will be settled in cash upon vesting rather than issued as shares.
Key Details
- Transaction date: 2026-02-21 (reported on Form 4 filed 2026-04-06).
- Award: 1,388.3 RSUs, grant price $0.00 (derivative award).
- Vesting: RSUs vest in three equal annual installments beginning February 21, 2027 (footnote F1).
- Settlement: Cash-settled upon vesting (each RSU equals the economic value of one share).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Timeliness: Filing date (Apr 6, 2026) is later than the usual 2-business-day Form 4 deadline for reporting insider transactions.
Context
This was a compensation grant (award), not an open‑market purchase or sale, so it reflects equity compensation practices rather than a direct buy/sell market signal. For RSUs, value is realized only if vesting conditions are met and will be paid in cash per the footnote.
Insider Transaction Report
Form 4
Zhang Ximeng Simon
See Remarks
Transactions
- Award
Restricted Stock Unit
[F1]2026-02-21+1,388.3→ 1,388.3 total→ Common Stock (1,388.3 underlying)
Footnotes (1)
- [F1]Each restricted stock unit is the economic equivalent of one share of the Issuer's Common Stock. The restricted stock units will vest in three equal annual installments beginning on February 21, 2027, and will be settled in cash upon vesting.
Signature
/s/ Judy Walters, Attorney-in-Fact|2026-04-06