RenaissanceRe Holdings Ltd.
US ˙ NYSE ˙ BMG7496G1033

Introduction

This page provides a comprehensive analysis of the known insider trading history of David C Bushnell. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate David C Bushnell has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:RNR / RenaissanceRe Holdings Ltd. Director 12,861
US:BVA / Cordia Bancorp Inc. Chief Risk Officer/Acting CFO, Director 0
US:C / Citigroup Inc. Senior Risk Officer 168,353
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by David C Bushnell. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases RNR / RenaissanceRe Holdings Ltd. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in RNR / RenaissanceRe Holdings Ltd.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

RNR / RenaissanceRe Holdings Ltd. Insider Trades
Insider Sales RNR / RenaissanceRe Holdings Ltd. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in RNR / RenaissanceRe Holdings Ltd.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
2025-08-12 RNR BUSHNELL DAVID C 2,544 239.5500 2,544 239.5500 609,415 28 238.3300 -3,103 -0.51
2025-08-12 RNR BUSHNELL DAVID C 1,300 240.3600 1,300 240.3600 312,468
2025-08-12 RNR BUSHNELL DAVID C 1,700 241.5800 1,700 241.5800 410,686
2025-08-12 RNR BUSHNELL DAVID C 300 242.7800 300 242.7800 72,834
2024-05-15 RNR BUSHNELL DAVID C 2,000 222.6863 2,000 222.6863 445,373
2022-05-20 RNR BUSHNELL DAVID C 600 148.4119 600 148.4119 89,047

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

RNR / RenaissanceRe Holdings Ltd. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by David C Bushnell as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2025-08-13 2025-08-12 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
S - Sale -300 12,861 -2.28 242.78 -72,834 3,122,394
2025-08-13 2025-08-12 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
S - Sale -1,700 13,161 -11.44 241.58 -410,686 3,179,434
2025-08-13 2025-08-12 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
S - Sale -1,300 14,861 -8.04 240.36 -312,468 3,571,990
2025-08-13 2025-08-12 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
S - Sale -2,544 16,161 -13.60 239.55 -609,415 3,871,368
2025-03-04 2025-03-01 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
A - Award 694 18,705 3.85
2024-05-16 2024-05-15 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
S - Sale -2,000 18,011 -9.99 222.69 -445,373 4,010,803
2024-03-05 2024-03-01 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
A - Award 738 20,011 3.83
2023-03-02 2023-03-01 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
A - Award 759 19,273 4.10
2022-05-24 2022-05-20 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
G - Gift -1,400 18,514 -7.03
2022-05-24 2022-05-20 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
S - Sale -600 19,914 -2.92 148.41 -89,047 2,955,475
2022-03-03 2022-03-01 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
A - Award 1,065 20,514 5.48
2021-03-03 2021-03-01 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
A - Award 953 19,449 5.15
2020-03-03 2020-03-01 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
A - Award 909 18,496 5.17
2019-03-04 2019-03-01 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
A - Award 958 17,587 5.76
2018-03-02 2018-03-01 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
A - Award 1,099 16,629 7.08
2017-03-03 2017-03-01 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
A - Award 931 15,530 6.38
2016-09-01 2016-08-31 4 BVA Cordia Bancorp Inc
Common Stock
D - Sale to Issuer -2,325 0 -100.00
2016-09-01 2016-08-31 4 BVA Cordia Bancorp Inc
Founders' Shares
D - Sale to Issuer -15,000 0 -100.00
2016-09-01 2016-08-31 4 BVA Cordia Bancorp Inc
Common Stock
D - Sale to Issuer -103,684 0 -100.00
2016-03-02 2016-03-01 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
A - Award 1,219 14,599 9.11
2016-02-26 2016-02-24 4 BVA Cordia Bancorp Inc
Common Stock
A - Award 2,325 2,325
2015-12-03 2015-12-01 4 BVA Cordia Bancorp Inc
Common Stock
A - Award 2,278 103,684 2.25
2015-03-03 2015-02-27 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
A - Award 1,219 13,380 10.02
2014-06-27 2014-06-25 4 BVA Cordia Bancorp Inc
Series A Preferred Stock
C - Conversion -2 0 -100.00
2014-06-27 2014-06-25 4 BVA Cordia Bancorp Inc
Common Stock
A - Award 2,300 101,406 2.32 4.20 9,660 425,905
2014-06-27 2014-06-25 4 BVA Cordia Bancorp Inc
Common Stock
C - Conversion 23,529 99,106 31.13
2014-04-14 2014-04-10 4 BVA Cordia Bancorp Inc
Series A Preferred Stock
P - Purchase 2 2 42,500.00 99,998 99,998
2014-04-14 2013-03-21 5 BVA Cordia Bancorp Inc
Common Stock
P - Purchase 62 75,577 0.08 0.04 2 3,023
2014-03-05 2014-03-03 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
A - Award 1,314 12,161 12.11
2013-04-02 2013-03-29 4 BVA Cordia Bancorp Inc
Common Stock
J - Other 5,515 75,515 7.88
2013-03-05 2013-03-01 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
A - Award 1,428 10,847 15.16
2012-03-05 2012-03-01 4 RNR RENAISSANCERE HOLDINGS LTD
Common Stock
A - Award 1,534 9,419 19.45
2003-12-09 3 C CITIGROUP INC
Common Stock
168,353
2003-12-09 3 C CITIGROUP INC
Common Stock
1,852
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)