Pedraja Michael 4

What Happened

• Michael Pedraja, Chief Financial Officer of Employers Holdings (EIG), had 314 shares withheld to satisfy a tax or exercise-related liability. The shares were valued at $39.04 each for a total of $12,259. This was a tax-withholding disposition (not an open-market sale) commonly associated with equity vesting or option exercises.

Key Details

• Transaction date: 2026-03-18; price used: $39.04 per share; total value: $12,259.
• Transaction code: F — payment of exercise price or tax liability (shares withheld/surrendered).
• Shares disposed: 314 (withheld to cover taxes); this is recorded as a disposition, not a market sale.
• Shares owned after the transaction: not provided in the excerpt of the filing.
• Filing: Form 4 filed 2026-03-20 (timely; no late filing indicated).

Context

• Tax withholding is routine when restricted stock units vest or options are exercised: the company retains/surrenders a portion of shares to cover required taxes. This action is administrative and does not necessarily signal the insider is selling shares for cash or changing their view on the company.