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Hamilton Insurance (HG) CIO receives 8,428 RSUs vesting from 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Karrenbauer Raymond

(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)
Chief Information Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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 03/02/2026 A 8,428(1) A $0 8,428(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 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.
2. Reflects RSUs.
Remarks:
Exhibit List: Ex.24 - Power of Attorney
/s/ Ryan Minetti, Attorney-in-Fact 03/04/2026
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many shares are involved in Raymond Karrenbauer’s RSU grant at Hamilton Insurance Group (HG)?

The grant covers 8,428 restricted stock units, each representing one Class B common share. After the award, his reported direct beneficial ownership is 8,428 shares, reflecting the full RSU grant that may settle in shares as vesting conditions are met.

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.
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Insurance - Reinsurance
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Bermuda
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