Hamilton Insurance (HG) grants $150K in RSUs to board director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pestcoe Marvin reported acquisition or exercise transactions in this Form 4 filing.
Hamilton Insurance Group, Ltd. director Marvin Pestcoe received an annual equity award of 4,929 Class B common share restricted stock units (RSUs), valued at $150,000. The grant was calculated using the company’s May 5, 2026 closing share price of $30.43. These RSUs will cliff vest on the earlier of the one-year anniversary of the grant date or the next annual general meeting. Following this award, Pestcoe directly holds 68,548 shares, including RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pestcoe Marvin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Shares | 4,929 | $0.00 | -- |
Holdings After Transaction:
Class B Common Shares — 68,548 shares (Direct, null)
Footnotes (1)
- Represents an annual grant of restricted stock units ("RSUs") awarded to the reporting person pursuant to the Hamilton Insurance Group, Ltd. (the "Company") Non-Employee Director Compensation Program. The number of RSUs was determined based on a target grant value of $150,000 and the closing price of the Company's common shares on May 5, 2026, which was $30.43 per share. The RSUs cliff vest on the earlier of the one-year anniversary of the grant date or the date of the subsequent annual general meeting. Includes restricted stock units.
Key Figures
RSU grant size: 4,929 shares
Target grant value: $150,000
Share price used for grant: $30.43 per share
+1 more
4 metrics
RSU grant size
4,929 shares
Annual director equity award on May 5, 2026
Target grant value
$150,000
Non-Employee Director Compensation Program award
Share price used for grant
$30.43 per share
Closing price on May 5, 2026 used to size RSUs
Post-grant holdings
68,548 shares
Director Marvin Pestcoe direct holdings, including RSUs, after grant
Key Terms
restricted stock units ("RSUs"), Non-Employee Director Compensation Program, cliff vest
3 terms
restricted stock units ("RSUs") financial
"Represents an annual grant of restricted stock units ("RSUs") awarded to the reporting person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Non-Employee Director Compensation Program financial
"awarded to the reporting person pursuant to the Hamilton Insurance Group, Ltd. (the "Company") Non-Employee Director Compensation Program"
cliff vest financial
"The RSUs cliff vest on the earlier of the one-year anniversary of the grant date"
A cliff vest is a schedule for stock options or restricted shares where no ownership rights are earned until a fixed date, after which a set portion becomes fully owned all at once — like a probation period that suddenly unlocks pay. Investors watch cliff vests because they influence when insiders can sell shares, affect staff retention and dilution timing, and help predict short-term changes in a company’s shareholder makeup.
FAQ
What insider transaction did Hamilton Insurance Group (HG) report for Marvin Pestcoe?
Hamilton Insurance Group reported that director Marvin Pestcoe received a grant of 4,929 Class B common share restricted stock units. This equity award is part of the company’s Non-Employee Director Compensation Program and reflects standard share-based compensation rather than an open-market share purchase.
What is the value of the RSU grant reported by Hamilton Insurance Group (HG)?
The RSU grant to director Marvin Pestcoe has a target value of $150,000. The company determined this amount using the closing price of its common shares on May 5, 2026, which was $30.43 per share, resulting in 4,929 restricted stock units awarded.
At what price were Hamilton Insurance Group (HG) RSUs calculated for this director grant?
The company calculated the RSU grant using a share price of $30.43 per common share on May 5, 2026. Dividing the target grant value of $150,000 by this closing price produced the 4,929 restricted stock units awarded to director Marvin Pestcoe.
When do the RSUs granted to Hamilton Insurance Group (HG) director Marvin Pestcoe vest?
The RSUs granted to Marvin Pestcoe cliff vest on the earlier of the one-year anniversary of the May 5, 2026 grant date or the date of Hamilton Insurance Group’s next annual general meeting. Until vesting, they remain restricted and subject to the company’s program terms.
Is the Hamilton Insurance Group (HG) Form 4 transaction a market purchase or compensation grant?
The Form 4 transaction is a compensation-related grant, not a market purchase. Director Marvin Pestcoe received 4,929 restricted stock units at a stated price of $0.00 per share, with the economic value based on a $150,000 target using the May 5, 2026 closing share price.