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James River Group (JRVR) awards 18,632-share RSU grant to director Basu

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(Neutral)
Form Type
4

Rhea-AI Filing Summary

Basu Rajiv reported acquisition or exercise transactions in this Form 4 filing.

James River Group Holdings, Inc. reported that director Rajiv Basu received an annual equity compensation grant of 18,632 shares of Common Stock in the form of restricted share units. These units are payable solely in common stock and vest on March 4, 2027, bringing his reported direct holdings to 18,632 shares.

Positive

  • None.

Negative

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Insider Basu Rajiv
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 18,632 $0.00 $0.00
Holdings After Transaction: Common Stock — 18,632 shares (Direct)
Footnotes (1)
  1. F1. Represents the annual grant of restricted share units (payable solely in shares of common stock of the Issuer on the vesting date) under the James River Group Holdings, Inc. 2014 Non-Employee Director Incentive Plan, as amended, which vest on March 4, 2027.
Shares granted 18,632 shares Annual restricted share unit grant to director Rajiv Basu
Price per share $0.00 Reported transaction price per share for the RSU grant
Holdings after transaction 18,632 shares Director Rajiv Basu’s direct common stock holdings following the grant
Vesting date March 4, 2027 Scheduled vesting date of the restricted share units
restricted share units financial
"Represents the annual grant of restricted share units (payable solely in shares"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
Non-Employee Director Incentive Plan financial
"under the James River Group Holdings, Inc. 2014 Non-Employee Director Incentive Plan"
grant, award, or other acquisition financial
"transaction code description indicates a grant, award, or other acquisition"

FAQ

What did James River Group Holdings (JRVR) director Rajiv Basu report on this Form 4?

Director Rajiv Basu reported an acquisition of 18,632 shares of James River Group Holdings common stock via an annual restricted share unit grant that vests on March 4, 2027.

How many JRVR shares did Rajiv Basu acquire in this transaction?

Rajiv Basu acquired 18,632 shares of James River Group Holdings common stock through a restricted share unit award, increasing his reported direct holdings to 18,632 shares after the transaction.

What type of equity award did JRVR grant to director Rajiv Basu?

James River Group Holdings granted Rajiv Basu an annual restricted share unit award, payable solely in shares of common stock under the 2014 Non-Employee Director Incentive Plan, with vesting scheduled for March 4, 2027.

When do Rajiv Basu’s JRVR restricted share units vest?

The restricted share units granted to Rajiv Basu vest on March 4, 2027. Upon vesting, they are payable solely in shares of James River Group Holdings common stock, as described in the award footnote.

Was the JRVR Form 4 transaction a market purchase or sale by Rajiv Basu?

No market purchase or sale was reported. The Form 4 shows a grant/award acquisition of 18,632 restricted share units with a reported price of $0.00 per share, reflecting non-cash director compensation.

What are Rajiv Basu’s direct JRVR holdings after this Form 4 transaction?

Following the reported grant, Rajiv Basu’s direct holdings are 18,632 shares of James River Group Holdings common stock, as stated in the post-transaction ownership column of the Form 4.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
Basu Rajiv

(Last)(First)(Middle)
C/O JAMES RIVER GROUP HOLDINGS, INC.
1414 RALEIGH ROAD, SUITE 405

(Street)
CHAPEL HILL NORTH CAROLINA 27517

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
James River Group Holdings, Inc. [ JRVR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/12/2026A18,632(1)A$018,632D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the annual grant of restricted share units (payable solely in shares of common stock of the Issuer on the vesting date) under the James River Group Holdings, Inc. 2014 Non-Employee Director Incentive Plan, as amended, which vest on March 4, 2027.
Remarks:
/s/ Jeanette L. Miller, Attorney-in-fact for Rajiv Basu08/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)