Hanover Insurance (NYSE: THG) EVP receives 18.998 RSUs via dividend equivalents

Rhea-AI Filing Summary

HANOVER INSURANCE GROUP, INC. Executive Vice President Dennis Francis Kerrigan reported an acquisition of 18.998 shares in the form of restricted stock units (RSUs) credited as dividend equivalent rights under the company’s 2022 Long-Term Incentive Plan. These RSUs will vest on the third anniversary of the original underlying RSU grant date. Following this award, Kerrigan holds a total of 11,987.721 shares of common stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kerrigan Dennis Francis

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	18.998	$0.00	--

Holdings After Transaction: Common Stock — 11,987.721 shares (Direct)

Footnotes (1)

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Key Figures

RSUs granted: 18.998 RSUs Shares held after transaction: 11,987.721 shares Vesting period: Third anniversary

3 metrics

RSUs granted 18.998 RSUs Dividend equivalent rights under 2022 Long-Term Incentive Plan

Shares held after transaction 11,987.721 shares Common stock directly owned after RSU award

Vesting period Third anniversary RSUs vest on third anniversary of original RSU grant date

Key Terms

restricted stock units, dividend equivalent rights, 2022 Long-Term Incentive Plan, vest

4 terms

restricted stock units financial

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

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

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 financial

"RSUs 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.

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^*

Kerrigan Dennis Francis

(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)
03/27/2026

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	03/27/2026		A(1)		18.998	A	$0	11,987.721	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	03/31/2026
	** 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)

FAQ

What insider transaction did THG executive Dennis Francis Kerrigan report?

Dennis Francis Kerrigan reported an acquisition of 18.998 shares in the form of restricted stock units. These RSUs were granted as dividend equivalent rights under Hanover Insurance Group’s 2022 Long-Term Incentive Plan and increase his direct common stock holdings.

How many RSUs did THG’s Dennis Francis Kerrigan receive in this Form 4 filing?

He received 18.998 restricted stock units. The award reflects dividend equivalent rights associated with previously granted RSUs under the 2022 Long-Term Incentive Plan, adding to his existing equity position in Hanover Insurance Group common stock.

Under which plan were the new RSUs for THG’s Kerrigan granted?

The RSUs were granted under Hanover Insurance Group’s 2022 Long-Term Incentive Plan. They arise from dividend equivalent rights linked to earlier RSU grants, reinforcing the plan’s role in long-term executive compensation and share-based incentives.

When will Dennis Francis Kerrigan’s newly credited THG RSUs vest?

The newly credited RSUs will vest on the third anniversary of the original underlying RSU grant date. This means the vesting schedule matches that of the earlier RSUs to which these dividend equivalent rights are tied.

What is Dennis Francis Kerrigan’s THG common stock holding after this RSU award?

After the award, Dennis Francis Kerrigan directly holds 11,987.721 shares of Hanover Insurance Group common stock. This figure reflects his position immediately following the 18.998-share RSU dividend equivalent grant reported in the Form 4.

Does the THG Form 4 indicate an open-market buy or sell by Dennis Francis Kerrigan?

The Form 4 reflects a grant or award acquisition, not an open-market trade. The 18.998 units come from dividend equivalent rights tied to previously granted RSUs under the 2022 Long-Term Incentive Plan, rather than a market purchase or sale.