Employers Holdings (EIG) Director Alejandro Perez-Tenessa Receives Award
$EIG · Employers Holdings, Inc.Research Summary
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Employers Holdings (EIG) Director Alejandro Perez-Tenessa Receives Award
What Happened
Alejandro Perez-Tenessa, a director of Employers Holdings, received an award of 63 dividend-equivalent rights (DERs) on 2026-08-26. The filing reports the acquisition as 63 units at $0.00 (derivative securities) under an awarding/acquisition code. These DERs are economic equivalents of common shares and relate to previously granted restricted stock units (RSUs) for which delivery has been voluntarily deferred.
Key Details
- Transaction date: 2026-08-26; filing accession date: 2026-08-27.
- Transaction type/code: Award/Grant (A), 63 derivative units @ $0.00.
- Shares owned after transaction: not disclosed in this Form 4 filing.
- Footnote: The DERs accrued on vested RSUs that the reporting person voluntarily deferred; DERs become exercisable proportionately with the related RSUs and each DER equals the economic value of one common share.
- Filing timeliness: filed the day after the transaction (no late-report indicator in the filing).
Context
DERs are derivative awards that track the economic value of shares (e.g., dividends) and do not represent an immediate cash sale or purchase. This award reflects compensation/deferral mechanics for a director rather than an open-market purchase (which some investors view as a stronger bullish signal).