REINSURANCE GROUP OF AMERICA INC·4

Apr 27, 9:21 PM ET

Wainwright Simon 4

Research Summary

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RGA Advisor Simon Wainwright Receives Equity Award

What Happened
Simon Wainwright, Executive Advisor to the CEO of Reinsurance Group of America, received equity awards on 2026-03-19: 557 stock appreciation rights (SARs) and 1,609 restricted stock units (RSUs). Both grants were recorded at $0.00 per share (typical for awarded/compensatory equity). These are grants (transaction code A), not open-market purchases or sales.

Key Details

  • Transaction date: 2026-03-19 (reported on Form 4 filed 2026-04-27).
  • Grant details: 557 SARs @ $0.00; 1,609 RSUs @ $0.00; total granted = 2,166 units.
  • Price/Value shown: $0.00 per unit (award/grant). No immediate cash paid or received.
  • Shares owned after transaction: not specified in the provided summary (not reported here).
  • Vesting and settlement (Footnote F1): SARs and RSUs settle in common stock and vest in 33 1/3% increments beginning on the first anniversary of the grant; fully vest on March 19, 2029.
  • Timeliness: Form 4 was filed late; the filing states it was late due to an inadvertent administrative error (late filing flag).

Context
SARs and RSUs are compensatory awards: RSUs convert to shares at vesting; SARs typically pay the increase in share value (often settled in stock). These grants do not indicate an immediate purchase or sale and do not necessarily signal near-term trading by the insider. The late filing reduces the speed of disclosure but the substance—a grant with multi-year vesting—remains clear.