James River (NASDAQ: JRVR) SVP reports tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
James River Group Holdings, Inc. Senior Vice President James Paul McCoy reported a tax-related share disposition. On March 1, 2026, the company withheld 1,771 shares of common stock at $7.00 per share to cover taxes due on the vesting of 4,464 restricted share units. After this tax-withholding disposition, McCoy directly owned 53,531 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McCoy James Paul
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,771 | $7.00 | $12K |
Holdings After Transaction:
Common Stock — 53,531 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did JRVR Senior Vice President James Paul McCoy report?
James Paul McCoy reported a tax-related share disposition. On March 1, 2026, 1,771 JRVR common shares were withheld at $7.00 each to satisfy taxes from 4,464 restricted share units vesting, leaving him with 53,531 directly owned shares.
Was the JRVR insider transaction an open-market sale or a tax withholding?
The JRVR insider transaction was a tax withholding, not an open-market sale. The company withheld 1,771 shares to pay tax liability triggered by vesting of 4,464 restricted share units on March 1, 2026, as noted in the footnote.
What does the footnote in the JRVR Form 4 for James Paul McCoy explain?
The footnote explains that the disposed shares were withheld by James River Group Holdings, Inc. to pay taxes related to vesting of 4,464 restricted share units on March 1, 2026, clarifying the transaction was a tax-withholding event, not a discretionary sale.
What is the transaction code and description in the JRVR Form 4 filing?
The transaction uses code F, described as payment of exercise price or tax liability by delivering securities. In this JRVR Form 4, 1,771 shares were withheld to satisfy tax obligations tied to vesting restricted share units, rather than being sold on the market.