REINSURANCE GROUP OF AMERICA INC·4

Jun 29, 5:21 PM ET

To My Chi 4

Research Summary

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Updated

RGA EVP To My Chi Exercises RSUs; 2,515 Shares Withheld for Taxes

What Happened To My Chi, EVP and Chief Legal Officer of Reinsurance Group of America, converted 5,661 restricted stock units (RSUs) into common shares on June 6, 2026 (reported as a derivative exercise/conversion). On June 25, 2026, 2,515 of those shares were delivered back to the company to satisfy tax withholding obligations at $207.79 per share, totaling $522,592. Based on the reported amounts, the transaction resulted in a net receipt of 3,146 shares (5,661 converted minus 2,515 withheld).

Key Details

  • Primary actions: conversion/exercise of RSUs (code M) and tax withholding/share surrender (code F).
  • Conversion date: June 6, 2026 — 5,661 RSUs converted into common stock.
  • Tax withholding: June 25, 2026 — 2,515 shares surrendered @ $207.79/share = $522,592 (price used was the June 24, 2026 closing price).
  • Footnotes: each RSU converts to one share; RSUs vest in 33 1/3% increments over three years and fully vest June 6, 2028 (per the company’s stock plan). Shares were delivered as payment for taxes.
  • Shares owned after transaction: not specified in the filing.
  • Timeliness: Form 4 was filed late due to an inadvertent administrative error (filing timeliness: L).

Context This was not an open-market sale but a routine settlement of RSUs with a portion of shares withheld to pay taxes (common practice for equity awards). The derivative code (M) indicates conversion/exercise of an equity award rather than a market purchase or discretionary sale. Late filing was reported as administrative; late Form 4s should be monitored but do not by themselves indicate trading intent.