Hamilton Insurance Group (HG) grants 10,882 RSUs, withholds 2,970 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Insurance Group, Ltd. executive Daniel Mark Fisher reported two equity-related transactions in Class B common shares. On this date, 2,970 shares were withheld in a tax-withholding disposition tied to vesting restricted stock units, based on a share price of $31.59.
Fisher also received a grant of 10,882 restricted stock units at no cash cost under the company’s equity incentive plan. Each RSU converts into one Class B common share, vesting in three equal annual installments beginning on March 1, 2027, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fisher Daniel Mark
Role
Group Head of HR & Comm.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Shares | 2,970 | $31.59 | $94K |
| Grant/Award | Class B Common Shares | 10,882 | $0.00 | -- |
Holdings After Transaction:
Class B Common Shares — 95,383 shares (Direct)
Footnotes (1)
- Represents shares withheld to satisfy tax obligations arising out of the vesting of the reporting person's restricted stock units. Represents the closing price per share on February 27, 2025, 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.
FAQ
What insider transactions did Hamilton Insurance Group (HG) disclose for Daniel Mark Fisher?
Hamilton Insurance Group disclosed that Daniel Mark Fisher had 2,970 Class B shares withheld for tax obligations and received 10,882 restricted stock units. The RSUs were granted under the company’s equity incentive plan and will convert into Class B common shares upon vesting over time.
Was the Hamilton Insurance Group (HG) insider transaction an open-market sale or purchase?
The Form 4 does not show an open-market sale or purchase. Instead, 2,970 shares were withheld to satisfy tax obligations upon vesting of restricted stock units, and 10,882 restricted stock units were granted as equity compensation with no cash paid per share by the executive.
What are the vesting terms of the RSUs granted to the Hamilton Insurance Group (HG) executive?
The 10,882 restricted stock units granted to the executive vest in three equal annual installments. Vesting begins on March 1, 2027, with each installment requiring his continued service through the applicable vesting date, and each RSU representing one Class B common share upon vesting.