Zhang Ximeng Simon 4

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.