RENAISSANCERE HOLDINGS LTD·4

Mar 12, 4:19 PM ET

Marra David E 4

4 · RENAISSANCERE HOLDINGS LTD · Filed Mar 12, 2026

Research Summary

AI-generated summary of this filing

Updated

RENAISSANCERE (RNR) EVP David Marra Forfeits Shares & Withholds for Taxes

What Happened

  • David E. Marra, Executive Vice President and Chief Underwriting Officer of RENAISSANCERE HOLDINGS LTD (RNR), reported disposals on March 10, 2026 related to performance-based restricted shares. He forfeited 652 shares (no proceeds) and had 2,630 shares withheld to satisfy withholding tax obligations at a per-share value of $297.22, resulting in an aggregate value of approximately $781,689 for the withheld shares. These were not open-market sales; they relate to vesting and forfeiture of performance-based awards.

Key Details

  • Transaction dates: March 10, 2026; Form 4 filed March 12, 2026 (filed within typical 2-business-day window).
  • Dispositions: 652 shares forfeited at $0.00; 2,630 shares withheld at $297.22 each (≈ $781,689).
  • Shares owned after transaction: not specified in the provided filing.
  • Footnotes: F1 = forfeiture of a portion of performance-based restricted shares granted Mar 1, 2023 after the 3-year performance period ended Dec 31, 2025; F2 = shares withheld to pay withholding taxes upon vesting.
  • Transaction types: D = disposition (forfeiture), F = tax withholding on vested awards.

Context

  • These entries reflect vesting outcomes for performance-based restricted share awards (some shares forfeited because performance/peer results reduced the vested amount, and some withheld to cover taxes). Tax-withholding and forfeiture are routine administrative events and do not represent an open-market sale or new purchase signal by the insider.

Insider Transaction Report

Form 4
Period: 2026-03-10
Marra David E
EVP,Chief Underwriting Officer
Transactions
  • Disposition to Issuer

    Common Stock

    [F1]
    2026-03-1065298,095 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-10$297.22/sh2,630$781,68995,465 total
Footnotes (2)
  • [F1]Represents the forfeiture of a portion of performance-based restricted shares granted to the reporting person on March 1, 2023 pursuant to the issuer's First Amended and Restated 2016 Long Term Incentive Plan, as amended. The award vested following the expiration of the performance period on December 31, 2025, subject to satisfaction of service- and performance-based conditions. The amount initially awarded represented the maximum achievable number of shares. The number of shares that ultimately vested was a function of the issuer's average growth in book value per common share plus accumulated dividends and average underwriting expense ratio as compared to peers during the three-year performance period, as determined by the Corporate Governance and Human Capital Management Committee. Shares that were no longer eligible to vest following the release of peer results and the Committee's determination of performance were forfeited.
  • [F2]Shares withheld for payment of withholding taxes upon the vesting of performance-based restricted shares granted to the reporting person on March 1, 2023.
Signature
/s/ Molly E. Gardner, Attorney-in-Fact|2026-03-12

Documents

1 file
  • 4
    wk-form4_1773346778.xmlPrimary

    FORM 4