Kleeman Raymond 4
4 · REINSURANCE GROUP OF AMERICA INC · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
RGA EVP Raymond Kleeman Exercises Performance Award, Nets 2,547 Shares
What Happened
- Raymond Kleeman, EVP & Chief Human Resources Officer of Reinsurance Group of America (RGA), exercised/converted 4,553 Performance Contingent Stock units on March 12, 2026. The conversion resulted in 4,553 shares valued at $205.00 each (total value ≈ $933,365).
- To cover tax withholding, 2,006 of those shares were delivered to the issuer (reported as disposed) at the $205.00 closing price (value ≈ $411,230). Net shares retained after withholding: 2,547.
Key Details
- Transaction date(s): March 12, 2026; Filing date: March 16, 2026 (filed within required reporting window).
- Prices reported: $205.00 per share (closing price on March 12, 2026; used for tax withholding calculation).
- Shares from exercise/conversion: 4,553 shares acquired; 2,006 shares withheld for taxes (F-coded); net retained shares = 2,547.
- Footnotes: units were Performance Contingent Stock granted March 9, 2023 (each unit = 1 share). Tax withholding was satisfied by delivering shares to the issuer. Expiration date not applicable.
- Shares owned after transaction: not specified in the provided filing.
Context
- This was a conversion of awarded performance units into common stock (transaction code M), not an open-market purchase or sale. The withholding of 2,006 shares to satisfy taxes is a common cashless/stock-withholding practice and does not, by itself, indicate a buy or sell sentiment.
- Report is factual and timely; no late-filing flag was indicated.
Insider Transaction Report
Form 4
Kleeman Raymond
EVP, Chief HR Officer
Transactions
- Exercise/Conversion
Common stock
[F1]2026-03-12$205.00/sh+4,553$933,365→ 12,250 total - Tax Payment
Common stock
[F2]2026-03-12$205.00/sh−2,006$411,230→ 10,244 total - Exercise/Conversion
Performance Contingent Shares 2026
[F3][F4]2026-03-12−4,553→ 0 totalExercise: $0.00From: 2026-03-12→ Common stock (4,553 underlying)
Footnotes (4)
- [F1]Acquired pursuant to award of Performance Contingent Stock granted on March 9, 2023.
- [F2]Shares of Common Stock delivered to Issuer as payment for taxes withheld. The reported share price of $205.00 was the closing price on March 12, 2026, which was the price that was used for tax withholding purposes.
- [F3]Each Performance Contingent Stock unit represents the right to receive one (1) share of Issuer's Common Stock.
- [F4]Expiration date is not applicable for this transaction.
Signature
/s/ My Chi To, by Power of Attorney|2026-03-16