BUTLER KELLY LYNN (VP/Chief Underwriting Officer) exercised options at MERCURY GENERAL CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 2/24/2026ACC: 0001193125-26-068098
Officer· VP/Chief Underwriting Officer
Since Jan 2022
-649.27
Net shares
Net seller
$56.1K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
649.27 acquired · 1.30K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+649.27
Price / share
—
Trade value
—
% of position
New position
2/21/2026
0.00→649.27
Common Stock
Direct
Shares
−649.27
Price / share
$86.44
Trade value
$56.12K
% of position
New position
2/21/2026
649.27→0.00
Total
Net shares
+0.00
Net value
-$56.12K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 2/21/2026 | M · Option Exercise | +649.27 | — | — | New position | 0.00 | 649.27 |
| Common Stock Direct | 2/21/2026 | D · Disposition | −649.27 | $86.44 | $56.12K | New position | 649.27 | 0.00 |
| Total | +0.00 | -$56.12K | ||||||
Derivative Transactions1
Restricted Stock Unit
Direct
Converts to
Common Stock
649.27 shares
Shares
−649.27
Strike price
Held after
1.30K
Exercisable
—
2/21/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Common Stock649.27 shares | 2/21/2026 | M · Option Exercise | −649.27 | — | 1.30K |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned50.00
Total
50.00 indirect50.00
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 50.00 | Indirect |
| Total | 50.00 | 50.00 indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported