JRVR executive (JRVR) has shares withheld to cover RSU taxes
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, had 937 shares of common stock withheld at $6.13 per share to cover tax obligations.
The withholding was tied to the vesting of 3,111 restricted share units on May 4, 2026. After this routine tax-withholding disposition, Sutherland directly owns 95,293 shares of common stock.
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 |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 937 | $6.13 | $6K |
Holdings After Transaction:
Common Stock — 95,293 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 937 shares
Withholding price per share: $6.13 per share
Direct holdings after transaction: 95,293 shares
+1 more
4 metrics
Shares withheld for taxes
937 shares
Withheld for tax liability on RSU vesting May 4, 2026
Withholding price per share
$6.13 per share
Value assigned to withheld common stock
Direct holdings after transaction
95,293 shares
Common stock directly owned after tax withholding
RSUs vested
3,111 units
Restricted share units vested on May 4, 2026
Key Terms
restricted share units, tax liability, withheld, tax-withholding disposition
4 terms
tax liability financial
"for payment of the tax liability incident to the vesting"
withheld financial
"The shares disposed of were withheld by James River Group Holdings, Inc."
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did JRVR executive Todd Randell Sutherland report on this Form 4?
Todd Randell Sutherland reported a tax-withholding disposition of 937 JRVR shares. The shares were withheld by James River Group Holdings, Inc. to pay taxes arising from the vesting of 3,111 restricted share units on May 4, 2026, rather than sold in the open market.
What triggered the tax-withholding disposition reported by JRVR on this Form 4?
The disposition was triggered by the vesting of 3,111 restricted share units. When these RSUs vested on May 4, 2026, James River Group Holdings, Inc. withheld 937 common shares from Sutherland to pay the related tax liability, as disclosed in the Form 4 footnote.