Hamilton Insurance (HG) CIO receives 8,428 RSUs vesting from 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Insurance Group, Ltd. reported that Chief Information Officer Raymond Karrenbauer acquired 8,428 Class B common shares through a grant of restricted stock units under the company’s Equity Incentive Plan. Each RSU converts into one share and vests in three equal annual installments beginning on March 1, 2027, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Karrenbauer Raymond
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Shares | 8,428 | $0.00 | -- |
Holdings After Transaction:
Class B Common Shares — 8,428 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 Raymond Karrenbauer?
Hamilton Insurance Group reported a grant of 8,428 restricted stock units to Chief Information Officer Raymond Karrenbauer. These RSUs represent a contingent right to receive Class B common shares and were awarded under the company’s Equity Incentive Plan as part of his compensation package.
When do Raymond Karrenbauer’s RSUs at Hamilton Insurance Group (HG) vest?
The restricted stock units vest in three equal annual installments beginning on March 1, 2027. Each installment requires Mr. Karrenbauer to remain in continued service with Hamilton Insurance Group through the applicable vesting date for the underlying Class B shares to be delivered.
What type of security was granted to the Hamilton Insurance Group (HG) CIO?
The award consists of restricted stock units tied to Class B common shares of Hamilton Insurance Group. Each RSU gives a contingent right to receive one share upon vesting, rather than an immediate share issuance or a cash-based incentive, aligning with the company’s equity compensation structure.
Was cash paid for the RSU grant to Hamilton Insurance Group (HG) CIO Raymond Karrenbauer?
No cash was paid for the grant; the transaction price per share is reported as zero. This confirms the award is a compensatory equity grant under the Equity Incentive Plan, not an open-market purchase, and represents additional potential ownership if vesting conditions are satisfied.