Hanover Insurance Group (THG) EVP reports Form 4 stock tax withholding
Rhea-AI Filing Summary
Hanover Insurance Group, Inc. executive reports routine tax withholding transaction. An Executive Vice President of Hanover Insurance Group, Inc. (THG) reported the disposition of 150 shares of common stock on 12/01/2025 at a price of $185.91 per share. According to the footnote, these shares were withheld from restricted stock unit awards to cover FICA and related income tax obligations for an executive eligible for retirement vesting under the award terms. Following this transaction, the reporting person beneficially owns 9,740.273 shares of Hanover common stock, held directly. The filing is a standard Form 4 for one reporting person and does not describe any derivative securities activity.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Hanover Insurance Group (THG) report in this Form 4?
The Form 4 reports that an Executive Vice President of Hanover Insurance Group, Inc. disposed of 150 shares of common stock on 12/01/2025 at $185.91 per share.
Why were the 150 Hanover Insurance Group (THG) shares disposed of by the executive?
The footnote explains that the 150 shares were withheld from restricted stock unit awards to cover FICA and related income tax obligations for an executive eligible for retirement vesting under the terms of those awards.
How many Hanover Insurance Group (THG) shares does the executive own after this transaction?
After the reported tax withholding transaction, the Executive Vice President beneficially owns 9,740.273 shares of Hanover Insurance Group common stock, held directly.
What is the relationship of the reporting person to Hanover Insurance Group (THG)?
The reporting person is an officer of Hanover Insurance Group, serving as Executive Vice President, and is not listed as a director or 10% owner in this filing.
Does this Hanover Insurance Group (THG) Form 4 involve any derivative securities?
No derivative securities are reported in Table II. The activity disclosed relates only to common stock and the withholding of shares from restricted stock unit awards for tax purposes.
Is this Hanover Insurance Group (THG) Form 4 filed by one or multiple reporting persons?
The Form 4 is indicated as being filed by one reporting person, not by a group or multiple filers.