Hamilton Insurance (NYSE: HG) CEO gifts 401,720 Class B shares
Rhea-AI Filing Summary
Hamilton Insurance Group, Ltd. director and Chief Executive Officer Giuseppina Albo reported a series of bona fide gifts of Class B common shares on August 13, 2026. She gifted 100,430 shares to a long term trust and 100,430 shares to her spouse, who then gifted 100,430 shares to another long term trust. After these transfers, she disclaims beneficial ownership of the shares held by the trusts but may be deemed to beneficially own shares held indirectly through her spouse. A separate holding entry shows 273,799 Class B common shares held indirectly through The Albo 2018 LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 200,860 shares
Net Sell
5 txns
Insider
Albo Giuseppina
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Shares F1, F2 | 100,430 | $0.00 | $0.00 |
| Gift | Class B Common Shares F3, F2 | 100,430 | $0.00 | $0.00 |
| Gift | Class B Common Shares F3 | 100,430 | $0.00 | $0.00 |
| Gift | Class B Common Shares F4 | 100,430 | $0.00 | $0.00 |
| holding | Class B Common Shares | -- | -- | -- |
Holdings After Transaction:
Class B Common Shares — 985,815 shares (Direct);
Class B Common Shares — 0 shares (Indirect, By Spouse);
Class B Common Shares — 273,799 shares (Indirect, By The Albo 2018 LLC)
Footnotes (4)
- F1. Represents a gift by the reporting person of 100,430 Class B common shares to the Pina Albo 2018 Long Term Trust for no consideration. Following this gift, the reporting person disclaims beneficial ownership of the shares held by such trust.
- F2. Includes restricted stock units.
- F3. Represents a gift by the reporting person of 100,430 Class B common shares to the reporting person's spouse for no consideration. Following the gift, the reporting person may be deemed to beneficially own such shares indirectly through her spouse.
- F4. Represents a subsequent gift by the reporting person's spouse of 100,430 Class B common shares to the Kim Hertel 2018 Long Term Trust for no consideration. Following this gift, the reporting person disclaims beneficial ownership of the shares held by such trust.
Key Figures
Single gift size: 100,430 shares
Total gift shares: 401,720 shares
Gift transaction count: 4
+2 more
5 metrics
Single gift size
100,430 shares
Each reported bona fide gift of Class B Common Shares on August 13, 2026
Total gift shares
401,720 shares
Aggregate giftShares from transactionSummary for Class B Common Shares
Gift transaction count
4
giftCount in transactionSummary for bona fide gifts
Indirect LLC holding
273,799 shares
Class B Common Shares held indirectly "By The Albo 2018 LLC" after transactions
Transaction date
2026-08-13
Date for all reported Class B Common Share gift transactions
Key Terms
bona fide gift, beneficial ownership, restricted stock units, indirect ownership
4 terms
bona fide gift financial
"transaction_code "G" is described as a "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
beneficial ownership financial
"the reporting person disclaims beneficial ownership of the shares held by such trust"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
restricted stock units financial
"Footnote F2 states: Includes restricted stock units."
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.
indirect ownership financial
"nature_of_ownership fields such as "By Spouse" and "By The Albo 2018 LLC""
FAQ
AI-generated analysis. How Rhea-AI works. Not financial advice.