JRVR (JRVR) E&S segment president receives 28,818 restricted share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
James River Group Holdings, Inc. reported that executive Todd Randell Sutherland, President of the E&S Lines Segment, acquired an equity award of 28,818 restricted share units tied to the company’s common stock. The award was granted at no cash cost to him and represents stock-based compensation.
The restricted share units are scheduled to vest in three equal annual installments on March 4 of each year from 2027 through 2029, aligning his incentives with longer-term company performance. Following this grant, his directly held common stock position increased to 96,230 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sutherland Todd Randell
Role
President, E&S Lines Segment
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,818 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 96,230 shares (Direct)
Footnotes (1)
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FAQ
What did JRVR executive Todd Randell Sutherland receive in this Form 4 filing?
Todd Randell Sutherland received an equity grant of 28,818 restricted share units linked to James River Group Holdings common stock. These units are stock-based compensation and increase his direct ownership stake, aligning his interests with the company’s long-term performance and shareholder value creation.
Is the JRVR insider transaction a stock purchase or a compensation grant?
The JRVR insider transaction is a compensation grant, not an open-market stock purchase. Todd Randell Sutherland received 28,818 restricted share units at no stated share price, classified as a grant or award acquisition under the Form 4 transaction code description and supporting footnote.
Does this JRVR Form 4 show any insider stock sales by Todd Randell Sutherland?
This Form 4 does not show insider stock sales by Todd Randell Sutherland. It reports only an acquisition via a grant of 28,818 restricted share units as compensation, increasing his direct holdings to 96,230 shares of James River Group Holdings common stock after the reported transaction.
What role does Todd Randell Sutherland hold at James River Group Holdings (JRVR)?
Todd Randell Sutherland serves as President of the Excess and Surplus (E&S) Lines Segment at James River Group Holdings. His reported equity grant of 28,818 restricted share units ties a portion of his compensation to the company’s common stock performance and future results.