Hamilton Insurance (HG) amends insider filing for 20,000 RSU grant
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Hamilton Insurance Group, Ltd. executive Adrian Joseph Daws, CEO of Hamilton Re, received a grant of 20,000 restricted stock units tied to Class B common shares at no cost. The RSUs vest in three equal annual installments beginning on March 1, 2027, subject to his continued service. To cover tax obligations on this award, 4,699 shares were withheld at a price of $31.59 per share. Following these transactions, he beneficially owns 192,547 Class B common shares, including RSUs. This Form 4/A corrects an earlier filing by increasing his reported post-transaction holdings by 61 shares after a tax withholding adjustment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Daws Adrian Joseph
Role
CEO, Hamilton Re
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Shares | 4,699 | $31.59 | $148K |
| Grant/Award | Class B Common Shares | 20,000 | $0.00 | -- |
Holdings After Transaction:
Class B Common Shares — 192,547 shares (Direct, null)
Footnotes (1)
- This Form 4/A amends the Form 4 originally filed on March 4, 2026, to correct the number of shares withheld to satisfy tax obligations and the number of shares of common stock beneficially owned following the reported transaction. Due to an adjustment in the tax withholding calculation, the original filing understated the reporting person's post-transaction holdings by 61 shares. The corrected amounts are reflected herein. Represents the closing price per share on February 27, 2026, used to determine the number of shares to be withheld by the issuer to satisfy tax withholding obligations. Includes restricted stock units. Represents a grant of restricted stock units ("RSUs") pursuant to the Hamilton Insurance Group, Ltd. Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Class B common shares upon vesting. The RSUs vest in three equal annual installments beginning on March 1, 2027, subject to the reporting person's continued service through each vesting date.
Key Figures
RSU grant size: 20,000 shares
Tax withholding shares: 4,699 shares
Withholding price: $31.59 per share
+3 more
6 metrics
RSU grant size
20,000 shares
Restricted stock units tied to Class B common shares
Tax withholding shares
4,699 shares
Withheld to satisfy tax obligations on RSU award
Withholding price
$31.59 per share
Closing price on February 27, 2026 used for tax withholding
Post-transaction holdings
192,547 shares
Class B common shares beneficially owned after transactions, including RSUs
Holdings understatement corrected
61 shares
Increase in reported post-transaction holdings vs. original Form 4
Vesting schedule
3 equal annual installments
RSUs vest starting March 1, 2027, over three years
Key Terms
restricted stock units, Equity Incentive Plan, tax withholding obligations, beneficially owned, +1 more
5 terms
restricted stock units financial
"Represents a grant of restricted stock units ("RSUs") pursuant to the Hamilton Insurance Group, Ltd. Equity Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Equity Incentive Plan financial
"Represents a grant of restricted stock units ("RSUs") pursuant to the Hamilton Insurance Group, Ltd. Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
tax withholding obligations financial
"Represents the closing price per share on February 27, 2026, used to determine the number of shares to be withheld by the issuer to satisfy tax withholding obligations."
beneficially owned financial
"the number of shares of common stock beneficially owned following the reported transaction."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Form 4/A regulatory
"This Form 4/A amends the Form 4 originally filed on March 4, 2026, to correct the number of shares withheld"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
FAQ
What insider transaction did Hamilton Insurance Group (HG) report for Adrian Joseph Daws?
Hamilton Insurance Group reported that Adrian Joseph Daws, CEO of Hamilton Re, received a grant of 20,000 restricted stock units in Class B common shares. These units were awarded at no cost as part of the company’s equity incentive compensation program.
How do the new RSUs for Hamilton Insurance Group (HG) vest for Adrian Daws?
The 20,000 restricted stock units granted to Adrian Daws vest in three equal annual installments beginning on March 1, 2027. Each RSU converts into one Class B common share upon vesting, contingent on his continued service through each vesting date.
What correction does this Hamilton Insurance Group (HG) Form 4/A make to the prior filing?
The amended Form 4 states the original filing understated Adrian Daws’ post-transaction holdings by 61 shares. The correction stems from an adjustment in the tax withholding calculation, and the updated, higher ownership amount is now reported in this amendment.