Hanover Insurance Group (THG) EVP gets RSUs from dividend equivalents

Rhea-AI Filing Summary

Hanover Insurance Group, Inc. reported an equity award for an executive vice president through a Form 4 filing. On 12/26/2025, the officer acquired 31.585 shares of common stock at a price of $0, increasing their direct beneficial ownership to 39,173.879 shares. The transaction is coded as an acquisition related to the company’s long-term incentive program.

According to the explanation, this represents a grant of restricted stock units (RSUs) under the 2022 Long-Term Incentive Plan tied to dividend equivalent rights on previously granted RSUs. These RSUs will vest on the third anniversary of the grant date of the original underlying RSUs, meaning the added units follow the same vesting schedule as the original award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider LAVEY RICHARD W

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	31.585	$0.00	--

Holdings After Transaction: Common Stock — 39,173.879 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

LAVEY RICHARD W

(Last) (First) (Middle)

C/O THE HANOVER INSURANCE GROUP, INC.

440 LINCOLN STREET

(Street)

WORCESTER MA 01653

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/26/2025

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

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

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

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	12/26/2025		A(1)		31.585	A	$0	39,173.879	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	12/29/2025
	** 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.

FAQ

What insider transaction did Hanover Insurance Group (THG) report?

The company reported that an executive vice president acquired 31.585 shares of common stock through an equity award linked to restricted stock units and dividend equivalents.

How many Hanover Insurance Group (THG) shares does the insider own after this transaction?

Following the reported transaction, the executive vice president beneficially owns 39,173.879 shares of Hanover Insurance Group common stock, held directly.

What was the price for the shares acquired in this THG Form 4 filing?

The 31.585 shares of Hanover Insurance Group common stock were acquired at a price of $0, reflecting an equity award rather than an open-market purchase.

What is the source of the new RSUs reported for Hanover Insurance Group (THG)?

The RSUs were granted under the 2022 Long-Term Incentive Plan in connection with the accrual of dividend equivalent rights on RSUs that had been granted previously under the same plan.

When do the newly credited RSUs for Hanover Insurance Group (THG) vest?

The additional RSUs vest on the third anniversary of the grant date of the original underlying RSUs, matching the vesting schedule of the original award.

Who is the reporting person in this Hanover Insurance Group (THG) Form 4?

The reporting person is an Executive Vice President of Hanover Insurance Group, as indicated in the relationship section of the Form 4.