James River Group (JRVR) awards 18,632-share RSU grant to director Basu
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
- None.
Insider Trade Summary
Net Buyer: 18,632 shares
Net Buy
1 txn
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)
- 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.
Key Figures
Shares granted: 18,632 shares
Price per share: $0.00
Holdings after transaction: 18,632 shares
+1 more
4 metrics
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
Key Terms
restricted share units, Non-Employee Director Incentive Plan, grant, award, or other acquisition
3 terms
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.
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.
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.