THG EVP granted RSUs tied to dividend equivalents

Accepted by SEC EDGAR 06/30/2026 - 04:09 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Hanover Insurance Group Executive Vice President David John Lovely received a small equity award. On June 26, he acquired 10.612 shares of common stock in the form of restricted stock units under the 2022 Long-Term Incentive Plan, reflecting dividend equivalents on prior RSUs. These RSUs will vest on the third anniversary of the original RSU grant date, bringing his direct holdings to 3,818.533 shares.

Insider Trade Summary

Grant/Award: 10.612 shares

Grant/Award 1 txn

Insider LOVELY DAVID JOHN

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	10.612	$0.00	$0.00

Holdings After Transaction: Common Stock — 3,818.533 shares (Direct)

Holdings Before and After: Common Stock, 3,807.921 to 3,818.533 shares (Direct)

Footnotes (1)

1. F1. Grant of restricted stock units ("RSUs") under the Issuer's 2022 Long-Term Incentive Plan ("2022 LTIP") in connection with the accrual of dividend equivalent rights associated with RSUs previously granted under the Issuer's 2022 LTIP. Such RSUs vest on the third anniversary of the date of grant of the original underlying RSUs.

Key Figures

RSUs granted: 10.612 shares Grant price: $0.00 per share Holdings after transaction: 3,818.533 shares

3 metrics

RSUs granted 10.612 shares Restricted stock units from dividend equivalent rights

Grant price $0.00 per share Compensation-related RSU award, non-cash

Holdings after transaction 3,818.533 shares Direct ownership following RSU grant

Key Terms

restricted stock units ("RSUs"), dividend equivalent rights, 2022 Long-Term Incentive Plan ("2022 LTIP"), vest

4 terms

restricted stock units ("RSUs") financial

"Grant of restricted stock units ("RSUs") under the Issuer's 2022 Long-Term Incentive Plan"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

dividend equivalent rights financial

"in connection with the accrual of dividend equivalent rights associated with RSUs previously granted"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

2022 Long-Term Incentive Plan ("2022 LTIP") financial

"under the Issuer's 2022 Long-Term Incentive Plan ("2022 LTIP")"

vest financial

"Such RSUs vest on the third anniversary of the date of grant"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did THG executive David John Lovely report?

David John Lovely reported acquiring 10.612 shares of Hanover Insurance Group common stock as restricted stock units. The grant reflects dividend equivalent rights tied to previously granted RSUs under the 2022 Long-Term Incentive Plan, and was reported at an effective price of $0.00 per share.

How many THG shares does David John Lovely hold after this Form 4?

After this transaction, David John Lovely directly holds 3,818.533 shares of Hanover Insurance Group common stock. This total includes the 10.612 restricted stock units granted in connection with dividend equivalents on RSUs previously awarded under the company’s 2022 Long-Term Incentive Plan.

What is the nature of the THG RSU grant reported by David John Lovely?

The RSU grant represents 10.612 restricted stock units issued for dividend equivalent rights on earlier RSU awards. It is a compensation-related, non-cash acquisition under Hanover Insurance Group’s 2022 Long-Term Incentive Plan, rather than an open-market purchase of common stock.

When will David John Lovely’s new THG RSUs vest?

The newly granted 10.612 restricted stock units will vest on the third anniversary of the original underlying RSU grant date. This means the vesting schedule follows the timing of the earlier RSU award that generated these dividend-equivalent units for David John Lovely.

Did David John Lovely buy THG shares on the open market?

No, the filing shows a grant of 10.612 restricted stock units at $0.00 per share, not an open-market purchase. The RSUs were issued as dividend equivalent rights tied to previously granted RSUs, under Hanover Insurance Group’s 2022 Long-Term Incentive Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

LOVELY DAVID JOHN

(Last) (First) (Middle)

C/O THE HANOVER INSURANCE GROUP, INC.

440 LINCOLN STREET

(Street)

WORCESTER MASSACHUSETTS 01653

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HANOVER INSURANCE GROUP, INC. [ THG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/26/2026		A(1)		10.612	A	$0	3,818.533	D

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 stock units ("RSUs") under the Issuer's 2022 Long-Term Incentive Plan ("2022 LTIP") in connection with the accrual of dividend equivalent rights associated with RSUs previously granted under the Issuer's 2022 LTIP. Such RSUs vest on the third anniversary of the date of grant of the original underlying RSUs.

	/s/ Lindsay L. Katz pursuant to Confirming Statement	06/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)