Wainwright Simon 4

What Happened

• Simon Wainwright, Executive Advisor to the CEO of Reinsurance Group of America (RGA), converted 2,239 performance-contingent stock units into 2,239 shares on 2026-03-12 (exercise/conversion). The shares had a reported price of $205.00, giving a gross value of $458,995. To satisfy tax withholding, 1,053 of those shares were delivered back to the issuer (reported as a disposition for tax withholding) valued at $215,865. Net new shares received by Simon: 1,186 shares (2,239 − 1,053), with a net value of about $243,130.

Key Details

• Transaction date: March 12, 2026. Report filed March 16, 2026 (within the 2-business-day Form 4 window).
• Prices used: $205.00 per share (closing price on March 12, 2026; used for tax withholding calculations).
• Instrument/activity codes: M = exercise/conversion of derivative (performance-contingent stock units); F = shares delivered to issuer for tax withholding.
• Footnotes: Award was a Performance Contingent Stock grant dated March 9, 2023 (each unit = 1 share). The derivative units were converted/extinguished in the transaction.
• Shares owned after the transaction: not disclosed in the excerpted Form 4; net increase to holdings from this event = 1,186 shares.

Context

• This was an award vesting/exercise event rather than an open-market purchase or discretionary sale. The withholding of shares to cover taxes is routine and does not imply an open-market sale. The filing appears timely (filed within two business days of the transaction).