Robert Qutub - 21 Nov 2023 Form 4 Insider Report for RENAISSANCERE HOLDINGS LTD (RNR)

Signature
/S/ Molly E. Gardner, Attorney-in-Fact
Issuer symbol
RNR
Transactions as of
21 Nov 2023
Net transactions value
-$1,604,724
Form type
4
Filing time
21 Nov 2023, 16:30:00 UTC
Previous filing
09 Nov 2023
Next filing
09 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNR Common Stock Sale $210,800 -1,000 -1.2% $210.80 79,424 21 Nov 2023 Direct F1
transaction RNR Common Stock Sale $665,074 -3,110 -3.9% $213.85 76,314 21 Nov 2023 Direct F1, F2
transaction RNR Common Stock Sale $642,551 -2,990 -3.9% $214.90 73,324 21 Nov 2023 Direct F1, F3
transaction RNR Common Stock Sale $86,300 -400 -0.55% $215.75 72,924 21 Nov 2023 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 All sales were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 23, 2023.
F2 Represents a weighted average price. The shares were sold in multiple transactions at prices ranged from $213.31 to $214.30. The reporting person undertakes to provide the full information regarding the number of shares sold at each price to the Commission, the issuer or a security holder of the issuer upon request.
F3 Represents a weighted average price. The shares were sold in multiple transactions at prices ranged from $214.35 to $215.34. The reporting person undertakes to provide the full information regarding the number of shares sold at each price to the Commission, the issuer or a security holder of the issuer upon request.
F4 Represents a weighted average price. The shares were sold in multiple transactions at prices ranged from $215.35 to $216.15. The reporting person undertakes to provide the full information regarding the number of shares sold at each price to the Commission, the issuer or a security holder of the issuer upon request.