Hamilton Insurance (NYSE: HG) CEO receives stock award as PSUs vest

Rhea-AI Filing Summary

Hamilton Insurance Group, Ltd. reported that Anita Breslin Kuchma, CEO of Hamilton Select, received a grant of 20,408 Class B common shares on February 24, 2026 at a stated price of $0.00 per share. These shares were issued upon certification of performance stock units earned under the company’s equity incentive plan.

The performance stock units vested based on Hamilton’s annualized underwriting return on capital of 8.6% for the three-year period ending December 31, 2025, resulting in a payout at 200% of target. Following this award, 7,286 shares of Class B common shares were withheld at $30.55 per share to cover related tax obligations, leaving the executive with 82,278 Class B shares held directly, including restricted stock units.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kuchma Anita Breslin

(Last) (First) (Middle)

C/O HAMILTON INSURANCE GROUP, LTD.

WELLESLEY HOUSE NORTH, 90 PITTS BAY ROAD

(Street)

PEMBROKE D0 HM08

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Hamilton Insurance Group, Ltd. [ HG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, Hamilton Select

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class B Common Shares	02/24/2026		A		20,408(1)	A	$0	89,564(2)	D
Class B Common Shares	02/24/2026		F		7,286(3)	D	$30.55(4)	82,278(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares acquired upon the certification by Hamilton Insurance Group, Ltd. ("HG") for the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") previously granted to the reporting person under the terms of the HG Equity Incentive Plan. The reporting person's PSUs are earned based on the HG annualized underwriting return on capital for the 3-year performance period ending on December 31, 2025. HG confirmed the annualized underwriting return on capital for the 3-year performance period ending on December 31, 2025, was 8.6%, resulting in a performance payout at 200% of target.

2. Includes restricted stock units.

3. Represents shares withheld to satisfy tax obligations arising out of the vesting of the reporting person's PSUs.

4. Represents the closing price per share on February 24, 2025, used to determine the number of shares to be withheld by the issuer to satisfy tax withholding obligations.

Remarks:

	/s/ Gemma Carreiro, Attorney-in-Fact	02/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transactions did HG executive Anita Breslin Kuchma report?

Anita Breslin Kuchma reported a stock award and tax withholding. She acquired 20,408 Class B common shares from vested performance stock units, then had 7,286 shares withheld to satisfy tax obligations tied to the vesting event.

How many Hamilton Insurance Group (HG) shares did the CEO hold after the Form 4?

After the reported transactions, Anita Breslin Kuchma directly held 82,278 Class B common shares. This total includes both common shares and restricted stock units as noted in the accompanying footnote disclosure.

What performance metric determined the HG performance stock unit payout?

The performance stock units were earned based on Hamilton’s annualized underwriting return on capital. For the three-year period ending December 31, 2025, this return was 8.6%, which led to a performance payout at 200% of the target level.

Why were 7,286 HG shares disposed of in the Form 4 filing?

The 7,286 Class B shares were withheld by Hamilton Insurance Group to cover tax obligations. These obligations arose from the vesting of Anita Breslin Kuchma’s performance stock units, and the withholding used the $30.55 closing price per share.

What type of award did Hamilton Insurance Group (HG) grant to its executive?

Hamilton Insurance Group granted shares resulting from performance stock units under its equity incentive plan. The award reflected PSUs that vested after meeting a three-year underwriting return on capital performance goal, leading to 20,408 Class B shares issued.

How was the HG tax withholding share count calculated for the executive award?

The number of shares withheld for taxes was determined using the closing price per share. Hamilton Insurance Group used a $30.55 closing price on February 24, 2025 to calculate how many shares to withhold for Anita Breslin Kuchma’s tax obligations.