THG director granted 843 restricted stock units
LANE KATHY S reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
LANE KATHY S reported acquisition or exercise transactions in this Form 4 filing.
HANOVER INSURANCE GROUP, INC. director Kathy S. Lane received an equity grant tied to company performance and retention. She was awarded 843 restricted stock units of common stock under the company’s 2022 Long-Term Incentive Plan at no cash cost. These units vest on the earlier of one year from the grant date or the next annual meeting, and she has elected to defer the shares upon vesting under a deferral agreement. After this award, she directly holds 2,769 common shares, and a footnote states that this does not include 4,829 additional shares held indirectly in a Rabbi Trust under separate deferral arrangements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 843 | $0.00 | $0.00 |
Footnotes (2)
- F1. Grant of restricted stock units under the Issuer's 2022 Long-Term Incentive Plan. Such units vest on the earlier of the one-year anniversary of the date of grant or the date of the next annual meeting. The Reporting Person has elected to defer such grant upon vesting pursuant to a deferral agreement.
- F2. Does not include 4,829 shares held indirectly in a Rabbi Trust pursuant to deferral agreements.
Key Figures
Key Terms
restricted stock units financial
2022 Long-Term Incentive Plan financial
Rabbi Trust financial
deferral agreement financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did THG director Kathy S. Lane report in this Form 4 filing?
What are the vesting terms of the restricted stock units granted to THG director Lane?
Did Kathy S. Lane pay cash for the THG restricted stock units reported?
How has Kathy S. Lane elected to handle the THG grant once it vests?
What additional indirect THG holdings are noted for director Lane?
AI-generated analysis. How Rhea-AI works. Not financial advice.