RenaissanceRe Holdings Ltd. RNR today announced that its Chief Executive Officer, Neill A. Currie, has adopted a pre-arranged stock trading plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934 and RenaissanceRe policies for the purpose of selling limited amounts of his RenaissanceRe equity holdings to diversify his portfolio and to facilitate personal income tax planning.
Sales of shares pursuant to the stock trading plan will be reported through Form 4 filings and, if applicable, Form 144 filings with the Securities and Exchange Commission. The plan established for Mr. Currie contemplates the sale, over time, of up to 150,000 fully vested common shares of RenaissanceRe, leaving him with a significant ongoing stake in the Company. The transactions under the plan would commence no earlier than 90 days from the date of its establishment.
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