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Hamilton Insurance (NYSE: HG) CEO gets PSU share award and tax withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hamilton Insurance Group, Ltd. Chief Executive Officer Giuseppina Albo reported equity compensation activity involving Class B Common Shares. On February 24, 2026, she acquired 236,880 shares at $0.00 per share from the vesting of performance stock units, following certification of performance under the company’s equity incentive plan. The company confirmed an annualized underwriting return on capital of 8.6% for the three-year period ending December 31, 2025, which yielded a 200% of target performance payout. To cover tax obligations from this vesting, 120,809 shares were withheld at a price of $30.55 per share. After these transactions, Albo directly owned 1,143,478 Class B Common Shares, and indirectly held 273,799 shares through The Albo 2018 LLC, a figure that includes restricted stock units.

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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*
Albo Giuseppina

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
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 02/24/2026 A 236,880(1) A $0 1,264,287(2) D
Class B Common Shares 02/24/2026 F 120,809(3) D $30.55(4) 1,143,478(2) D
Class B Common Shares 273,799 I By The Albo 2018 LLC
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 shares acquired upon the certification by Hamilton Insurance Group, Ltd. ("HG") for the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") previously granted to the reporting person under the terms of the HG Equity Incentive Plan. The reporting person's PSUs are earned based on the HG annualized underwriting return on capital for the 3-year performance period ending on December 31, 2025. HG confirmed the annualized underwriting return on capital for the 3-year performance period ending on December 31, 2025, was 8.6%, resulting in a performance payout at 200% of target.
2. Includes restricted stock units.
3. Represents shares withheld to satisfy tax obligations arising out of the vesting of the reporting person's PSUs.
4. Represents the closing price per share on February 24, 2026, used to determine the number of shares to be withheld by the issuer to satisfy tax withholding obligations.
Remarks:
/s/ Gemma Carreiro, Attorney-in-Fact 02/26/2026
** 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 did Hamilton Insurance Group (HG) CEO Giuseppina Albo report in this Form 4?

Hamilton Insurance Group CEO Giuseppina Albo reported a performance-based share award and related tax withholding. She received Class B Common Shares from performance stock units and had a portion withheld to cover tax obligations tied to that vesting event.

How many Hamilton Insurance Group (HG) shares did the CEO receive from performance stock units?

Giuseppina Albo received 236,880 Class B Common Shares at $0.00 per share. These shares were earned when performance stock units vested based on Hamilton Insurance Group’s confirmed underwriting return on capital over a specified three-year performance period.

What performance result drove the Hamilton Insurance Group (HG) CEO’s PSU payout?

Hamilton Insurance Group confirmed an 8.6% annualized underwriting return on capital for the three-year period ending December 31, 2025. This performance produced a 200% of target payout under the CEO’s performance stock unit award in the company’s equity incentive plan.

How many Hamilton Insurance Group (HG) shares were withheld for the CEO’s tax obligations?

To satisfy tax obligations from the PSU vesting, 120,809 Class B Common Shares were withheld. The shares were valued using a closing price of $30.55 per share on February 24, 2026, to determine the number withheld for tax purposes.

What is Giuseppina Albo’s direct Hamilton Insurance Group (HG) share ownership after these transactions?

After the reported equity award and tax withholding, Giuseppina Albo directly owned 1,143,478 Class B Common Shares. This figure reflects her holdings following the grant of performance-based shares and the shares withheld to cover associated tax liabilities.

What indirect Hamilton Insurance Group (HG) holdings does the CEO have through The Albo 2018 LLC?

The filing shows 273,799 Class B Common Shares held indirectly through The Albo 2018 LLC. This indirect holding includes restricted stock units, indicating additional exposure to Hamilton Insurance Group shares beyond her direct ownership position.
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