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

Signature
/S/ Molly E. Gardner, Attorney-in-Fact
Stock symbol
RNR
Transactions as of
Nov 21, 2023
Transactions value $
-$1,604,725
Form type
4
Date filed
11/21/2023, 04:30 PM
Previous filing
Nov 9, 2023
Next filing
Feb 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNR Common Stock Sale -$211K -1K -1.24% $210.80 79.4K Nov 21, 2023 Direct F1
transaction RNR Common Stock Sale -$665K -3.11K -3.92% $213.85 76.3K Nov 21, 2023 Direct F1, F2
transaction RNR Common Stock Sale -$643K -2.99K -3.92% $214.90 73.3K Nov 21, 2023 Direct F1, F3
transaction RNR Common Stock Sale -$86.3K -400 -0.55% $215.75 72.9K Nov 21, 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.