14,245 RSUs granted to Hamilton Insurance (HG) executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Insurance Group, Ltd. reported that executive Baker Alexander James, CEO of Hamilton Global Specialty, acquired 14,245 Class B restricted stock units (RSUs) as an equity award at no cash cost. These RSUs vest in three equal annual installments beginning on March 1, 2027, conditioned on his continued service. Following this grant, his direct holdings of Class B common shares, including RSUs, total 110,291 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Baker Alexander James
Role
CEO, Hamilton Global Specialty
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Shares | 14,245 | $0.00 | -- |
Holdings After Transaction:
Class B Common Shares — 110,291 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. Includes restricted stock units.
FAQ
What insider transaction did Hamilton Insurance Group (HG) report for Baker Alexander James?
Hamilton Insurance Group reported that Baker Alexander James received 14,245 restricted stock units as an equity grant. These RSUs represent Class B common shares and were awarded at no cash cost, increasing his direct holdings, including RSUs, to 110,291 Class B shares.
What type of security was granted in the Hamilton Insurance Group (HG) Form 4 filing?
The filing shows a grant of restricted stock units, each representing one Class B common share upon vesting. These RSUs are issued under the Hamilton Insurance Group, Ltd. Equity Incentive Plan and are treated as non-derivative, equity-based compensation for the reporting executive.
What are the vesting terms of the RSUs granted by Hamilton Insurance Group (HG)?
The 14,245 RSUs vest in three equal annual installments beginning on March 1, 2027. Vesting is contingent on Baker Alexander James continuing his service with Hamilton Insurance Group through each vesting date, making the award subject to ongoing employment conditions.
Under which plan were the RSUs in the Hamilton Insurance Group (HG) Form 4 granted?
The RSUs were granted under the Hamilton Insurance Group, Ltd. Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one Class B common share when vested, aligning the executive’s compensation with the company’s equity over time.
Did Baker Alexander James pay a purchase price for the RSUs reported by Hamilton Insurance Group (HG)?
No cash purchase price was paid for these RSUs; the transaction price per share is reported as 0.0000. This indicates the award was granted as equity compensation rather than acquired through an open-market or cash-based stock purchase transaction.