Employers Holdings Director Joao M. de Figueiredo Receives Award

What Happened Joao M. de Figueiredo, a director of Employers Holdings, Inc. (EIG), was granted 28 dividend‑equivalent rights (DERs) on August 26, 2026. The filing shows these were acquired at $0.00 (no cash paid); the transaction is reported as an award/other acquisition (Code A) and is a derivative interest rather than an open‑market purchase.

Key Details

• Transaction date: 2026-08-26; Form 4 filed: 2026-08-27 (timely filing).
• Instrument: 28 dividend‑equivalent rights (DERs) related to previously granted restricted stock units (RSUs). Price per unit reported: $0.00; total reported cash value: $0.
• Filing type/code: Form 4, Transaction Code A (award/acquisition); reported as a derivative security.
• Shares owned after transaction: not reported in this Form 4.
• Footnote: The DERs accrued on vested RSUs for which delivery was voluntarily deferred until six months following termination of board service. Each DER is the economic equivalent of one share and vests/exercises proportionately with the related RSUs.

Context This was not a cash purchase or sale of common stock but an award of dividend‑equivalent rights tied to existing RSUs. DERs provide the economic equivalent of shares (typically paid or settled later) and do not immediately change outstanding common shares until settled. Such awards are routine compensation/deferral mechanics for insiders and do not, by themselves, indicate a buy or sell sentiment.