Ozeki Arthur 4

What Happened

• Arthur Ozeki, Executive Vice President and Head of Asia Pacific at Reinsurance Group of America (RGA), exercised/conversion of performance-contingent stock units on 2026-03-12 and acquired 2,689 shares. He paid $205.00 per share for a total cash outlay of $551,245. The filing shows a corresponding zero-dollar disposal entry for the derivative units, reflecting conversion of the units into common shares rather than a sale.

Key Details

• Transaction date: 2026-03-12. Transaction code: M (exercise/conversion of a derivative).
• Acquired: 2,689 shares at $205.00 each; Total acquired value reported: $551,245.
• Disposed: 2,689 derivative units at $0.00 (represents conversion of the performance-contingent units into shares).
• Footnotes: Units were awarded as Performance Contingent Stock on March 9, 2023; each unit equals the right to receive one share (F1, F2). Expiration date not applicable (F3).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Form 4 was filed on 2026-03-16 for a 2026-03-12 transaction; this appears to be a timely filing (within required business-day window).

Context

• This was an exercise/conversion of performance-contingent stock units into common shares, not an open-market sale. The zero-dollar disposal line is standard for converting derivative units into shares and does not indicate shares were sold off immediately.
• For retail investors: exercises/conversions are acquisitions of shares (insider now holds the actual shares), which is different from selling activity. No 10b5-1 plan, tax withholding, or immediate sale was indicated in the provided details.