JRVR SVP receives stock award, covers taxes
James River Group Holdings, Inc. senior vice president and chief underwriting officer Michael J. Hoffmann reported equity compensation activity in company common stock.
Rhea-AI Filing Summary
James River Group Holdings, Inc. senior vice president and chief underwriting officer Michael J. Hoffmann reported equity compensation activity in company common stock. On March 2, 2026, he acquired 6,247 shares at no cost from the vesting and settlement of performance-based restricted share units granted in fiscal 2023 under the 2014 Long-Term Incentive Plan.
On the same date, 1,853 shares were disposed of at $7.13 per share, withheld by the company to satisfy tax liabilities tied to the vesting. After these transactions, Hoffmann directly owned 96,936 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,247 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,853 | $7.13 | $13K |
Footnotes (2)
- F1. Shares acquired from the vesting and settlement of performance-based restricted share units granted in fiscal year 2023 pursuant to James River Group Holdings, Inc.'s 2014 Long-Term Incentive Plan, as amended, exempt under Rule 16b-3.
- F2. The shares disposed of were withheld by James River Group Holdings, Inc. for the payment of the tax liability incident to the vesting of 6,247 performance-based restricted share units on March 2, 2026.
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