GALVIN CORMAC enters REINSURANCE GROUP OF AMERICA INC with 2.47K shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Derivatives

GALVIN CORMAC

Filed: 1/20/2026ACC: 0001628280-26-002757

InsiderGALVIN CORMACCIK 2105052

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IssuerREINSURANCE GROUP OF AMERICA INCCIK 898174

Officer· EVP, Head of EMEA

Since Mar 2026

2.47K

Baseline shares

100% direct

2.47K

Direct ownership

1 position

10.21K

Derivative underlying

11 instruments

Security positions

All direct

Non-Derivative Holdings1

Common Stock

Direct

Shares owned2.47K

Total

2.47K direct2.47K

Security Title	Shares Owned	Ownership Type
Common Stock	2.47K	Direct
Total	2.47K	2.47K direct

Derivative Holdings11

Restricted Share Unit - March 2025

Direct

Underlying security

Common Stock

Underlying shares

303.00

Shares owned

N/A

Exercise price

193

Expiration

—

Exercise window

—

Stock Appreciation Right (right to purchase) 2024

Direct

Underlying security

Common Stock

Underlying shares

777.00

Shares owned

N/A

Exercise price

185.28

Expiration

—

Exercise window

—

Restricted Share Unit - March 2024

Direct

Underlying security

Common Stock

Underlying shares

190.00

Shares owned

N/A

Exercise price

185.28

Expiration

—

Exercise window

—

Stock Appreciation Right (right to purchase) 2018

Direct

Underlying security

Common Stock

Underlying shares

1.03K

Shares owned

N/A

Exercise price

150.87

Expiration

—

Exercise window

—

Stock Appreciation Right (right to purchase) 2020

Direct

Underlying security

Common Stock

Underlying shares

2.32K

Shares owned

N/A

Exercise price

117.85

Expiration

—

Exercise window

—

Restricted Share Unit - March 2023

Direct

Underlying security

Common Stock

Underlying shares

321.00

Shares owned

N/A

Exercise price

138.34

Expiration

—

Exercise window

—

Stock Appreciation Right (right to purchase) 2019

Direct

Underlying security

Common Stock

Underlying shares

1.11K

Shares owned

N/A

Exercise price

145.25

Expiration

—

Exercise window

—

Stock Appreciation Right (right to purchase) 2025

Direct

Underlying security

Common Stock

Underlying shares

828.00

Shares owned

N/A

Exercise price

193

Expiration

—

Exercise window

—

Stock Appreciation Right (right to purchase) 2022

Direct

Underlying security

Common Stock

Underlying shares

1.40K

Shares owned

N/A

Exercise price

106.53

Expiration

—

Exercise window

—

Stock Appreciation Right (right to purchase) 2023

Direct

Underlying security

Common Stock

Underlying shares

940.00

Shares owned

N/A

Exercise price

138.34

Expiration

—

Exercise window

—

Stock Appreciation Right (right to purchase) 2021

Direct

Underlying security

Common Stock

Underlying shares

992.00

Shares owned

N/A

Exercise price

129.01

Expiration

—

Exercise window

—

Total

Underlying

10.21K

Owned

0.00

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Share Unit - March 2025 Direct	Common Stock	193	—	—	303.00	N/A
Stock Appreciation Right (right to purchase) 2024 Direct	Common Stock	185.28	—	—	777.00	N/A
Restricted Share Unit - March 2024 Direct	Common Stock	185.28	—	—	190.00	N/A
Stock Appreciation Right (right to purchase) 2018 Direct	Common Stock	150.87	—	—	1.03K	N/A
Stock Appreciation Right (right to purchase) 2020 Direct	Common Stock	117.85	—	—	2.32K	N/A
Restricted Share Unit - March 2023 Direct	Common Stock	138.34	—	—	321.00	N/A
Stock Appreciation Right (right to purchase) 2019 Direct	Common Stock	145.25	—	—	1.11K	N/A
Stock Appreciation Right (right to purchase) 2025 Direct	Common Stock	193	—	—	828.00	N/A
Stock Appreciation Right (right to purchase) 2022 Direct	Common Stock	106.53	—	—	1.40K	N/A
Stock Appreciation Right (right to purchase) 2023 Direct	Common Stock	138.34	—	—	940.00	N/A
Stock Appreciation Right (right to purchase) 2021 Direct	Common Stock	129.01	—	—	992.00	N/A
Total					10.21K	0.00