William L. Hutton - 19 Sep 2024 Form 4 Insider Report for REINSURANCE GROUP OF AMERICA INC (RGA)

Signature
William L. Hutton
Issuer symbol
RGA
Transactions as of
19 Sep 2024
Net transactions value
-$174,483
Form type
4
Filing time
23 Sep 2024, 16:19:43 UTC
Previous filing
01 Apr 2024
Next filing
21 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGA Common stock Options Exercise $166,820 +1,286 +10% $129.72 13,643 19 Sep 2024 Direct F1
transaction RGA Common stock Tax liability $124,244 -568 -4.2% $218.74 13,075 19 Sep 2024 Direct F1
transaction RGA Common stock Options Exercise $132,766 +880 +6.7% $150.87 13,955 19 Sep 2024 Direct F2
transaction RGA Common stock Tax liability $85,090 -389 -2.8% $218.74 13,566 19 Sep 2024 Direct F2
transaction RGA Common stock Sale $264,735 -1,209 -8.9% $218.97 12,357 23 Sep 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RGA Stock Appreciation Right (right to purchase) 2017 Options Exercise $0 -3,161 -100% $0.000000 0 19 Sep 2024 Common Stock 3,161 $129.72 Direct F3
transaction RGA Stock Appreciation Right (right to purchase) 2018 Options Exercise $0 -2,835 -100% $0.000000 0 19 Sep 2024 Common stock 2,835 $150.87 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1. Represents (i) 1,875 shares sold to pay the exercise price the purchase of Common Stock, and (ii) 568 shares withheld to satisfy Company tax withholding obligations, resulting in a net settlement of 718 shares.
F2 1. Represents (i) 1,955 shares sold to pay the exercise price the purchase of Common Stock, and (ii) 389 shares withheld to satisfy Company tax withholding obligations, resulting in a net settlement of 491 shares.
F3 SARs grants vest in 33 1/3% increments over three years, starting on December 31 of the year of grant.