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James River (JRVR) CFO receives 42,446-share restricted stock grant

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

Rhea-AI Filing Summary

James River Group Holdings, Inc. reported that Chief Financial Officer Sarah C. Doran acquired 42,446 shares through a grant of restricted share units, with no cash paid per share.

These units are payable in common stock and vest in three equal annual installments each March 4 from 2027 through 2029. After this grant, she holds 216,913 shares directly and 9,000 shares indirectly through a family trust.

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)
03/04/2026
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 03/04/2026 A 42,446(1) A $0 216,913 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. Grant of restricted share units (payable solely in shares of common stock of the Issuer on each vesting date), vesting in three equal annual installments on March 4 of each of the years 2027 through 2029.
Remarks:
/s/ Sarah C. Doran 03/06/2026
** 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 insider transaction did JRVR’s CFO Sarah C. Doran report?

Sarah C. Doran reported an acquisition of 42,446 shares via a grant of restricted share units. The units are payable solely in James River Group common stock as they vest and involve no cash purchase price per share.

How do the granted JRVR restricted share units vest for the CFO?

The 42,446 restricted share units granted to JRVR’s CFO vest in three equal annual installments. Vesting occurs on March 4 of each year from 2027 through 2029, with each installment payable solely in shares of James River Group common stock.

How many JRVR shares does the CFO own after this Form 4 transaction?

Following the grant, Sarah C. Doran beneficially owns 216,913 James River Group common shares directly. In addition, she has indirect ownership of 9,000 common shares held by a family trust, as reported in the same Form 4 filing.

Was the JRVR CFO’s March 4, 2026 equity grant a purchase for cash?

No, the JRVR CFO’s March 4, 2026 transaction was a grant of restricted share units, not a cash purchase. The filing shows a price per share of 0.0000, with shares delivered in stock as the units vest over time.

What type of security did JRVR’s CFO receive in this insider filing?

The CFO received a grant of restricted share units that are payable solely in James River Group common stock. These units relate to 42,446 shares of common stock, vesting in three equal annual installments on March 4, 2027, 2028, and 2029.
James River Group Holdings Inc

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