Mutschink John M. 4

What Happened

• John M. Mutschink, EVP & Chief Administrative Officer of Employers Holdings (EIG), had 635 shares withheld to satisfy a tax or exercise-related obligation (transaction code F). The shares were valued at $39.04 each, for a total withholding value of approximately $24,790. This was a tax-withholding/net settlement action—not an open-market sale.

Key Details

• Transaction date: 2026-03-18; price per share: $39.04; total value: ~$24,790.
• Transaction type: F — payment of exercise price or tax liability (shares withheld/disposed to cover taxes).
• Filing: Form 4 filed 2026-03-20 (two days after the transaction), which appears to be timely.
• Shares owned following the transaction: not specified in the provided excerpt of the filing.
• No indication in this entry of a 10b5-1 plan or open-market sale; this is routine tax withholding.

Context

• Withholding shares to cover taxes (or exercise costs) is common after option exercises or vesting and generally reflects an administrative settlement rather than a decision to sell shares into the market. Such transactions typically carry less informational weight about the insider’s sentiment than open-market purchases or sales.