Hanover EVP granted additional RSUs from dividends

Hanover Insurance Group Executive Vice President David John Lovely received an additional equity award in the form of dividend-equivalent restricted stock units.

Rhea-AI Filing Summary

Hanover Insurance Group Executive Vice President David John Lovely received an additional equity award in the form of dividend-equivalent restricted stock units. He acquired 13.246 shares of Common Stock at a stated price of $0.0000 per share, increasing his directly held position to 3,807.921 shares.

The award represents RSUs granted under Hanover’s 2022 Long-Term Incentive Plan in connection with dividend equivalent rights on previously granted RSUs. These RSUs will vest on the third anniversary of the original RSU grant date, so this is a compensation-related accrual rather than an open-market stock purchase or sale.

Insider Trade Summary

Grant/Award: 13.246 shares

Grant/Award 1 txn

Insider LOVELY DAVID JOHN

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	13.246	$0.00	$0.00

Holdings After Transaction: Common Stock — 3,807.921 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

RSUs granted: 13.246 shares Price per share: $0.0000 per share Shares after transaction: 3,807.921 shares

3 metrics

RSUs granted 13.246 shares Dividend-equivalent restricted stock units under 2022 LTIP

Price per share $0.0000 per share Stated transaction price for RSU grant

Shares after transaction 3,807.921 shares Total Hanover Common Stock directly held after grant

Key Terms

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

3 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.

2022 Long-Term Incentive Plan financial

"under the Issuer's 2022 Long-Term Incentive Plan ("2022 LTIP") in connection"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Hanover Insurance Group (THG) report for David John Lovely?

Hanover Insurance Group reported that Executive Vice President David John Lovely acquired 13.246 restricted stock units as dividend-equivalent awards. These RSUs were granted under the 2022 Long-Term Incentive Plan and increased his directly held Common Stock position to 3,807.921 shares.

Was the THG Form 4 transaction an open-market buy or sell of shares?

The Form 4 transaction was not an open-market trade. It reflects a grant of 13.246 restricted stock units as a compensation-related award under Hanover’s 2022 Long-Term Incentive Plan, tied to dividend equivalent rights on previously granted RSUs, with no cash purchase or sale involved.

How many Hanover (THG) shares does David John Lovely hold after this RSU grant?

After the reported RSU grant, Executive Vice President David John Lovely holds 3,807.921 shares of Hanover Insurance Group Common Stock directly. This total includes the newly acquired 13.246 restricted stock units credited through dividend equivalent rights under the company’s 2022 Long-Term Incentive Plan.

What is the nature of the RSUs granted to the THG executive on this Form 4?

The RSUs represent dividend-equivalent rights on previously granted restricted stock units. They were issued under Hanover’s 2022 Long-Term Incentive Plan and will vest on the third anniversary of the original underlying RSU grant date, following the same vesting schedule as the original award.

Does the Hanover (THG) Form 4 indicate any derivative securities for the executive?

The Form 4 data show no derivative securities remaining in this particular filing. The reported transaction is a non-derivative acquisition of Common Stock in the form of 13.246 restricted stock units, leaving no additional derivative positions listed in the derivative summary section.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/31/2026 - 04:13 PM Learn about SEC filing dates

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^*

LOVELY DAVID JOHN

(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)		13.246	A	$0	3,807.921	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)