Director Cynthia Egan sells 3,400 Hanover (NYSE: THG) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hanover Insurance Group director Cynthia Egan sold 3,400 shares of Common Stock in an open-market transaction at $188.50 per share. After this sale, she directly holds 9,359 shares. A footnote states she also has 977 shares held indirectly, in addition to her direct holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,400 shares ($640,900)
Net Sell
1 txn
Insider
Egan Cynthia
Role
null
Sold
3,400 shs ($641K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,400 | $188.50 | $641K |
Holdings After Transaction:
Common Stock — 9,359 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 3,400 shares
Sale price: $188.50 per share
Direct holdings after sale: 9,359 shares
+1 more
4 metrics
Shares sold
3,400 shares
Open-market sale of Common Stock on 2026-05-01
Sale price
$188.50 per share
Price for the 3,400 shares sold
Direct holdings after sale
9,359 shares
Direct ownership following the transaction
Indirectly held shares
977 shares
Additional shares noted in footnote as held indirectly
Key Terms
open-market sale, Common Stock, indirectly held, Form 4
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirectly held financial
"Does not include 977 shares held indirectly by the Reporting Person"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Hanover Insurance Group (THG) director Cynthia Egan report on this Form 4?
Cynthia Egan reported an open-market sale of 3,400 shares of Hanover Insurance Group Common Stock at $188.50 per share. This insider filing shows a reduction in her directly held shares, with updated ownership reported after the transaction.
What are Cynthia Egan’s Hanover Insurance Group (THG) holdings after the reported sale?
After the reported sale, Cynthia Egan directly holds 9,359 shares of Hanover Insurance Group Common Stock. A footnote also notes 977 additional shares held indirectly by her, separate from the directly owned shares disclosed in the main transaction table.
Is the Hanover Insurance Group (THG) Form 4 transaction by Cynthia Egan an open-market trade?
Yes, the Form 4 identifies the transaction as an open-market sale of Common Stock, coded S, at $188.50 per share. This indicates the shares were sold in the market rather than through a private award, gift, or derivative exercise.