EMPLOYERS HOLDINGS, INC. (NYSE:EIG) Files An 8-K Other EventsItem 8.01. Other Events.
On December 1, 2017, John P. Nelson, Executive Vice President, Chief Administrative Officer of Employers Holdings, Inc. (the “Company”), entered into a pre-arranged trading plan in accordance with the requirements specified in Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended.
Rule 10b5-1 trading plans permit individuals who are not then in possession of material non-public information to establish pre-arranged plans to buy or sell the Company’s common stock. Trading plans can minimize the market effect of insider purchases or sales by spreading these purchases or sales over a more extended period than the limited trading “windows” designated by the Company’s Insider Trading Policy.
The trading plan referred to above was entered into during the Company’s Open Trading Window and Mr. Nelson represented that he was not in possession of any material, non-public information. The trading plan is scheduled to terminate on December 31, 2018 and may be terminated earlier by Mr. Nelson, subject to applicable securities laws and the Company’s Insider Trading Policy. Transactions under this trading plan will be publicly reported to the Securities Exchange Commission in accordance with applicable securities laws, rules, and regulations.
About EMPLOYERS HOLDINGS, INC. (NYSE:EIG)
Employers Holdings, Inc. is a holding company. Through its insurance subsidiaries, the Company provides workers’ compensation insurance coverage to select, small businesses in low to medium hazard industries. The Company provides workers’ compensation insurance under a statutory system wherein employers are required to provide coverage for their employees’ medical, disability, vocational rehabilitation, and/or death benefit costs for work-related injuries or illnesses. The Company provides workers’ compensation insurance in approximately 33 states and the District of Columbia, with a concentration in California. The Company invests in fixed maturity securities, equity securities and cash equivalents. The Company insurance subsidiaries include Employers Insurance Company of Nevada (EICN), Employers Compensation Insurance Company (ECIC), Employers Preferred Insurance Company (EPIC) and Employers Assurance Company (EAC).