James River Group (JRVR) CFO logs tax-related share dispositions
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Doran Sarah C.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,246 | $7.00 | $9K |
| Tax Withholding | Common Stock | 3,283 | $7.00 | $23K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 172,393 shares (Direct);
Common Stock — 9,000 shares (Indirect, By Family Trust)
Footnotes (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. 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.
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.
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.