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James River Group (JRVR) CFO logs tax-related share dispositions

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

James River Group Holdings, Inc. Chief Financial Officer Sarah C. Doran reported share dispositions tied to tax withholding on vested equity awards. On March 1, 2026, a total of 1,246 and 3,283 shares of common stock were withheld at $7.00 per share to cover tax liabilities on the vesting of 3,692 and 9,728 restricted share units, respectively.

After these tax-withholding dispositions, Doran directly owned 169,110 shares of common stock and also had indirect ownership of 9,000 shares held by a family trust. These transactions reflect administrative settlement of tax obligations rather than open-market purchases or sales.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Doran Sarah C.

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

(Street)
CHAPEL HILL NC 27517

(City) (State) (Zip)
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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/01/2026 F 1,246(1) D $7 172,393 D
Common Stock 03/01/2026 F 3,283(2) D $7 169,110 D
Common Stock 9,000 I By Family Trust
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The shares disposed of were withheld by James River Group Holdings, Inc. for payment of the tax liability incident to the vesting of 3,692 restricted share units on March 1, 2026.
2. The shares disposed of were withheld by James River Group Holdings, Inc. for payment of the tax liability incident to the vesting of 9,728 restricted share units on March 1, 2026.
Remarks:
/s/ Sarah C. Doran 03/03/2026
** Signature of Reporting Person Date
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.

FAQ

What did JRVR’s CFO report in this Form 4 filing?

JRVR’s CFO, Sarah C. Doran, reported share dispositions used for tax withholding on vested restricted share units. The company withheld common stock to satisfy tax liabilities from RSU vesting on March 1, 2026, rather than executing open-market sales.

How many JRVR shares were used for the CFO’s tax withholding?

A total of 1,246 and 3,283 JRVR common shares were withheld for tax liabilities. Each block related to separate RSU vestings of 3,692 and 9,728 units, respectively, with the withholding price reported at $7.00 per share in the Form 4.

At what price were JRVR shares valued for the tax-withholding dispositions?

The tax-withholding dispositions used a price of $7.00 per JRVR common share. This price was applied to both blocks of shares withheld to cover the CFO’s tax obligations arising from RSU vesting on March 1, 2026, as disclosed in the filing.

How many JRVR shares does the CFO own after these transactions?

After the reported tax-withholding dispositions, the CFO directly owned 169,110 JRVR common shares. The filing also notes an additional 9,000 shares held indirectly through a family trust, providing a clear picture of her reported post-transaction holdings.

Were the JRVR CFO’s reported transactions open-market sales?

No, the reported transactions were not open-market sales. The shares were withheld by James River Group Holdings, Inc. to pay tax liabilities tied to restricted share units vesting, a common administrative mechanism rather than discretionary selling into the market.

What do the JRVR Form 4 footnotes say about the RSU vesting?

The footnotes explain that shares were withheld for taxes on vesting of 3,692 and 9,728 restricted share units on March 1, 2026. This clarifies that the dispositions were tied directly to equity award vesting rather than separate trading decisions by the CFO.
James River Group Holdings Inc

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