Smith Ann Marie 4

What Happened

• Ann Marie Smith, Chief Actuarial and Underwriting Officer at Employers Holdings (EIG), received an award of 2,889 shares on 2026-02-23 (transaction code A).
• As part of the same event, 857 shares were disposed/withheld to cover tax liabilities at $39.21 per share, totaling $33,603 (transaction code F).
• Net shares delivered to Smith from the award = 2,032 shares (2,889 awarded − 857 withheld). This was an award/vesting event, not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-23; Filing date: 2026-02-24 (filed the next day, appears timely).
• Award: 2,889 shares acquired at $0.00 (code A).
• Tax withholding/disposition: 857 shares disposed at $39.21 per share for $33,603 (code F).
• Shares owned after transaction: not specified in the filing.
• Notes: Code A = grant/award; Code F = shares withheld/used to satisfy tax withholding. This is a common net settlement for equity awards, not a market sale.

Context

• This appears to be an equity award (likely RSUs or similar) that vested and was net-settled for taxes by withholding shares. Withheld shares to cover taxes are routine and do not necessarily signal market sentiment.
• Because this was an award with tax withholding rather than an open-market sale, it should be interpreted differently than a voluntary sale by the insider.