Hanover EVP granted 42.662 RSUs as dividends
FARBER JEFFREY M reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
FARBER JEFFREY M reported acquisition or exercise transactions in this Form 4 filing.
Hanover Insurance Group Executive Vice President Jeffrey M. Farber received a grant of 42.662 shares of common stock in the form of restricted stock units under the company’s 2022 Long-Term Incentive Plan. These RSUs were awarded as dividend-equivalent accruals on previously granted RSUs and vest on the third anniversary of the original RSU grant. Following this award, Farber directly holds 51,812.399 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 42.662 | $0.00 | $0.00 |
Footnotes (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
Key Terms
restricted stock units financial
dividend equivalent rights financial
2022 Long-Term Incentive Plan financial
FAQ
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What insider transaction did THG executive Jeffrey M. Farber report?
When do the newly granted THG restricted stock units vest?
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