Hamilton Insurance Group (HG) executive uses RSU shares for tax withholding
Rhea-AI Filing Summary
Hamilton Insurance Group, Ltd. executive, the Group Head of HR & Communications, reported an automatic share disposition related to equity compensation. On January 1, 2026, 1,433 Class B common shares were withheld by the issuer, coded as an "F" transaction, to cover tax obligations arising from the vesting of the executive’s restricted stock units. The number of shares withheld was based on the $27.9 closing price per share on December 31, 2025. After this tax withholding event, the executive beneficially owned 88,663 Class B common shares, which includes restricted stock units, all reported as directly owned.
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FAQ
What insider transaction did Hamilton Insurance Group (HG) report in this filing?
The filing reports that the Group Head of HR & Communications had 1,433 Class B common shares withheld on January 1, 2026 to satisfy tax obligations from vesting restricted stock units.
What price was used to determine the number of Hamilton Insurance Group (HG) shares withheld for taxes?
The number of shares withheld was based on the $27.9 closing price per Class B common share on December 31, 2025, which was used to calculate the tax withholding.
How many Hamilton Insurance Group (HG) shares does the executive own after this transaction?
Following the tax withholding transaction, the executive beneficially owned 88,663 Class B common shares, and this amount includes restricted stock units, all reported as directly owned.
What does the transaction code "F" mean in this Hamilton Insurance Group (HG) insider report?
The transaction is coded as "F", which in this context represents shares withheld by the issuer to satisfy tax obligations arising from the vesting of the executive’s restricted stock units.
Is this Hamilton Insurance Group (HG) insider transaction related to a trading plan under Rule 10b5-1?
The form includes a checkbox for transactions under a Rule 10b5-1(c) trading plan, but this transaction is reported simply as an "F" code tax withholding tied to restricted stock unit vesting.