James River Group (JRVR) SVP receives 18,912-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McCoy James Paul reported acquisition or exercise transactions in this Form 4 filing.
James River Group Holdings, Inc. reported that Senior Vice President James Paul McCoy received an equity award of 18,912 shares of common stock. These are restricted share units granted at no cash cost, increasing his directly held common stock to 72,443 shares after the transaction.
The restricted share units are payable solely in common stock and vest in three equal annual installments on March 4 of each year from 2027 through 2029. This represents a compensation-related grant, not an open-market stock purchase or sale.
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 |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,912 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 72,443 shares (Direct)
Footnotes (1)
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FAQ
What did JRVR executive James Paul McCoy report on this Form 4?
James Paul McCoy reported receiving a grant of 18,912 restricted share units of James River Group common stock. The award is part of his compensation and was acquired at no cash cost, increasing his directly held stake to 72,443 common shares after the grant.
Is the JRVR Form 4 for a stock purchase or sale by the insider?
The Form 4 shows an acquisition through a grant, not a market trade. McCoy received 18,912 restricted share units as a compensation award, coded as a grant or other acquisition, with no shares reported as sold or purchased on the open market.
What does transaction code A mean in the JRVR Form 4 filing?
Transaction code A in this filing is described as a grant, award, or other acquisition. For McCoy, it reflects the award of 18,912 restricted share units, classified as an acquisition of common stock-based compensation rather than a purchase or sale in the market.