Hamilton Insurance (HG) awards 6,874 RSUs to Group Chief Risk Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Insurance Group, Ltd. reported that Group Chief Risk Officer Russell John Buckley acquired 6,874 Class B common shares through a grant of restricted stock units (RSUs). The award was made at a stated price of $0.00 per share as part of equity compensation.
Each RSU represents a contingent right to receive one Class B common share upon vesting. The RSUs are scheduled to vest in three equal annual installments beginning on March 1, 2027, conditioned on Buckley’s continued service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Buckley Russell John
Role
Group Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Shares | 6,874 | $0.00 | -- |
Holdings After Transaction:
Class B Common Shares — 6,874 shares (Direct)
Footnotes (1)
- 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. Reflects RSUs.
FAQ
What insider transaction did Hamilton Insurance Group (HG) report for Russell John Buckley?
Hamilton Insurance Group reported that Group Chief Risk Officer Russell John Buckley received a grant of 6,874 restricted stock units. These RSUs represent a contingent right to receive Class B common shares as part of his equity-based compensation, rather than an open-market stock purchase or sale.
How many Hamilton Insurance Group RSUs were granted to the Group Chief Risk Officer?
Russell John Buckley was granted 6,874 restricted stock units tied to Hamilton’s Class B common shares. This award increases his direct equity-based stake in the company, with future share delivery dependent on the vesting schedule and his continued service with Hamilton Insurance Group.
What is the vesting schedule for the 6,874 RSUs at Hamilton Insurance Group (HG)?
The 6,874 RSUs vest in three equal annual installments beginning on March 1, 2027. Each installment requires Russell John Buckley to remain in service through the applicable vesting date, meaning the shares are earned gradually over time instead of immediately.
What does each Hamilton Insurance Group RSU granted to Russell John Buckley represent?
Each restricted stock unit granted to Russell John Buckley represents a contingent right to receive one Class B common share of Hamilton Insurance Group. Actual share delivery occurs only when the RSUs vest according to the plan’s terms and continued service requirements described in the award.
Was cash paid for the 6,874 RSUs reported in Hamilton Insurance Group’s Form 4?
No cash consideration was reported for this RSU grant, which shows a transaction price of $0.00 per share. This indicates the award is a component of equity incentive compensation, rather than a purchase of shares in the open market by the executive officer.
Under which plan were the Hamilton Insurance Group RSUs granted to the Group Chief Risk Officer?
The RSUs were granted pursuant to the Hamilton Insurance Group, Ltd. Equity Incentive Plan. This plan provides equity-based awards like restricted stock units to executives and employees, aligning their potential future share ownership with the company’s long-term performance and service requirements.