Thompson Erik Dahl 4
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Mercury General (MCY) VP Erik Dahl Thompson Receives Award
What Happened Erik Dahl Thompson, Vice President and Chief Marketing Officer of Mercury General Corporation (MCY), received a grant of 916.3 restricted stock units (RSUs) on February 21, 2026. The Form 4 reports the acquisition at $0.00 (transaction code A). These RSUs are derivative awards that will be settled in cash when they vest.
Key Details
- Transaction date: February 21, 2026; Form 4 filed April 6, 2026 (filed late vs. the typical 2-business-day deadline).
- Transaction type/code: Award/Grant (A) of derivative securities (RSUs).
- Amount: 916.3 RSUs recorded at $0.00 per unit.
- Shares/units owned after transaction: Not disclosed on the filing.
- Footnote: Each RSU is the economic equivalent of one share; vesting occurs in three equal annual installments beginning February 21, 2027, and awards will be settled in cash upon vesting (footnote F1).
Context This was an executive compensation award (not an open‑market purchase or sale). RSU grants are commonly used for retention and long‑term incentive purposes; because these will be paid in cash upon vesting and vest over time, they do not reflect an immediate buy/sell signal. The Form 4 was filed well after the transaction date, which is a late filing of the required disclosure.