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Hanover Insurance (NYSE: THG) director reports RSU dividend-equivalent award

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

Rhea-AI Filing Summary

Hanover Insurance Group director Cynthia Egan reported a small equity award linked to prior grants. She acquired 3.767 shares of common stock through dividend-equivalent restricted stock units under the company’s 2022 Long-Term Incentive Plan. After this award, she directly holds 10,205.767 common shares, with additional shares held indirectly in a Rabbi Trust.

Positive

  • None.

Negative

  • None.
Insider Egan Cynthia
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3.767 $0.00 --
Holdings After Transaction: Common Stock — 10,205.767 shares (Direct, null)
Footnotes (1)
  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 units vest on the earlier of the one-year anniversary of the date of grant of the original underlying RSUs or the date of the next annual meeting. The Reporting Person has elected to defer such grant upon vesting pursuant to a deferral agreement. Does not include 977 shares held indirectly in a Rabbi Trust pursuant to deferral agreements.
RSU dividend-equivalent grant 3.767 shares Restricted stock units credited on dividend equivalents under 2022 LTIP
Direct holdings after transaction 10,205.767 shares Common stock directly held by Cynthia Egan after award
Indirect Rabbi Trust holdings 977 shares Held indirectly in a Rabbi Trust under deferral agreements
Transaction price per share $0.0000 Indicates compensation grant, not open-market purchase
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")"
Rabbi Trust financial
"Does not include 977 shares held indirectly in a Rabbi Trust pursuant to deferral agreements."
A rabbi trust is a special account a company sets up to hold promised future pay for executives, like bonus or retirement money, so those employees can see there are funds earmarked for them. It matters to investors because it signals the company’s commitment to keep key people, but the money is still part of the company’s assets and can be claimed by creditors if the company goes bankrupt—think of it as a labeled jar that isn’t completely off-limits.
deferral agreement financial
"The Reporting Person has elected to defer such grant upon vesting pursuant to a deferral agreement."
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Egan Cynthia
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/26/2026A(1)3.767A$010,205.767(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 units vest on the earlier of the one-year anniversary of the date of grant of the original underlying RSUs or the date of the next annual meeting. The Reporting Person has elected to defer such grant upon vesting pursuant to a deferral agreement.
2. Does not include 977 shares held indirectly in a Rabbi Trust pursuant to deferral agreements.
/s/ Lindsay L. Katz pursuant to Confirming Statement06/30/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Hanover Insurance (THG) director Cynthia Egan report on this Form 4?

Director Cynthia Egan reported receiving 3.767 shares of Hanover Insurance common stock via a restricted stock unit dividend-equivalent award. This was compensation under the 2022 Long-Term Incentive Plan and not an open-market purchase or sale of shares.

How many THG shares did Cynthia Egan receive in this latest Hanover award?

She received 3.767 shares of Hanover Insurance common stock, issued as restricted stock units tied to dividend equivalent rights on previously granted RSUs. This is a small incremental award that modestly increases her existing equity stake in the company.

What is the source of the RSU dividend-equivalent grant reported by Cynthia Egan at Hanover Insurance (THG)?

The award reflects dividend equivalent rights on RSUs previously granted under Hanover Insurance’s 2022 Long-Term Incentive Plan. When dividends accrue on those earlier RSUs, additional RSUs are credited, resulting in this 3.767-share grant reported on the Form 4.

How many Hanover Insurance (THG) shares does Cynthia Egan hold after this Form 4 transaction?

Following this award, she directly holds 10,205.767 Hanover Insurance common shares. The footnotes also state that this total does not include 977 additional shares held indirectly in a Rabbi Trust under deferral agreements, which are reported separately.

Was Cynthia Egan’s THG Form 4 transaction an open-market buy or sell of Hanover Insurance shares?

No, the filing shows a compensation-related acquisition coded as a grant or award. The 3.767 shares were received at no purchase price through restricted stock units, rather than through an open-market buy or sell transaction in Hanover Insurance shares.