Ozuna Christina M. 4
Research Summary
AI-generated summary
EIG Chief Claims Officer Christina Ozuna Receives Stock Award
What Happened
- Christina M. Ozuna, Chief Claims Officer of Employers Holdings, received a grant/award of 1,599 shares on 2026-02-23 (report filed 2026-02-24). The award is reported at $0.00 per share (standard for restricted stock or RSU awards).
- To satisfy tax withholding obligations, 475 shares were surrendered/withheld at an indicated price of $39.21 per share, valued at $18,625. Net new shares retained from the award = 1,124 (1,599 granted minus 475 withheld).
- This is not an open-market sale or purchase; it’s an award issuance with shares withheld for taxes (routine administrative action, not necessarily a signal about the executive’s view of the stock).
Key Details
- Transaction date: 2026-02-23; Form 4 filed: 2026-02-24 (timely).
- Award: 1,599 shares acquired at $0.00 (transaction code A).
- Tax withholding: 475 shares disposed/withheld at $39.21 each, total value $18,625 (transaction code F).
- Net shares retained from this award: 1,124.
- Shares owned after transaction: not specified in the provided filing data.
- Notes: Code A = award/grant; Code F = payment of exercise price or tax liability (here used to cover taxes). This appears to be a standard tax-withholding event following an equity award.
Context
- When companies grant equity awards (e.g., restricted stock units), it’s common for the company to withhold shares to cover the recipient’s tax liability—this is an administrative step and not the same as a market sale.
- These transactions are typically routine and don’t by themselves indicate insider sentiment about future company performance.