Director at Hamilton Insurance (HG) receives $150,000 RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Insurance Group, Ltd. director Alan Neil Patterson reported an equity compensation grant and updated holdings in Class B common shares. He received an annual award of 4,929 restricted stock units (RSUs) at a stated price of $0.00 per share, determined from a $150,000 target grant value and the $30.43 closing share price on May 5, 2026. These RSUs cliff vest on the earlier of the one-year anniversary of the grant or the next annual general meeting.
Following the award, Patterson directly holds 21,071 Class B shares, including RSUs, and indirectly holds 21,135 Class B shares through Doublehead Investment Holdings Limited, an investment holding company established for the benefit of him and his family. This filing reflects a compensation-related acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Patterson Alan Neil
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Shares | 4,929 | $0.00 | -- |
| holding | Class B Common Shares | -- | -- | -- |
Holdings After Transaction:
Class B Common Shares — 21,071 shares (Direct, null);
Class B Common Shares — 21,135 shares (Indirect, By Doublehead Investment Holdings Limited)
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. An investment holding company established for the benefit of the reporting person and his family.
Key Figures
RSUs granted: 4,929 units
Target grant value: $150,000
Grant pricing share close: $30.43 per share
+2 more
5 metrics
RSUs granted
4,929 units
Annual director award on May 5, 2026
Target grant value
$150,000
Basis for determining RSU count
Grant pricing share close
$30.43 per share
Closing price on May 5, 2026 used to size grant
Direct holdings after grant
21,071 Class B shares
Includes restricted stock units
Indirect holdings after grant
21,135 Class B shares
Held via Doublehead Investment Holdings Limited
Key Terms
restricted stock units, cliff vest, Non-Employee Director Compensation Program, investment holding company
4 terms
restricted stock units financial
"Represents an annual grant of restricted stock units ("RSUs") awarded to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
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"
investment holding company financial
"An investment holding company established for the benefit of the reporting person and his family."
FAQ
What did Hamilton Insurance Group (HG) director Alan Patterson report in this Form 4?
Alan Patterson reported an equity compensation grant of restricted stock units and updated share holdings. The filing shows a routine, non-market award under the company’s Non-Employee Director Compensation Program, rather than any open-market buying or selling activity.
How many Hamilton Insurance Group (HG) RSUs were granted to Alan Patterson?
Alan Patterson received 4,929 restricted stock units in Hamilton Insurance Group. The grant corresponds to an annual director award and is part of his compensation, not a market purchase, aligning with the company’s standard Non-Employee Director Compensation Program.
What is the value and pricing basis of Alan Patterson’s RSU grant at Hamilton Insurance Group (HG)?
The RSU grant was based on a target value of $150,000 and the $30.43 closing price of Hamilton Insurance Group common shares on May 5, 2026. This formula determined the 4,929 RSUs awarded as part of director compensation.
When do Alan Patterson’s Hamilton Insurance Group (HG) RSUs vest?
The RSUs cliff vest on the earlier of one year after the May 5, 2026 grant date or the date of Hamilton Insurance Group’s next annual general meeting. Cliff vesting means the entire award vests at once rather than gradually.
What is Doublehead Investment Holdings Limited’s role in Hamilton Insurance Group (HG) holdings?
Doublehead Investment Holdings Limited is an investment holding company established for the benefit of Alan Patterson and his family. It holds 21,135 Class B common shares of Hamilton Insurance Group indirectly attributable to Patterson, reflecting family-related ownership.