Hanover Insurance Group (THG) CEO reports tax withholding of RSU shares on Form 4
Rhea-AI Filing Summary
Hanover Insurance Group, Inc. President and CEO, who is also a director, reported an automatic share withholding related to equity compensation. On 12/01/2025, 382 shares of common stock were withheld at a price of $185.91 per share to cover FICA and related income tax obligations tied to restricted stock unit awards for an executive eligible for retirement vesting.
Following this tax withholding, the reporting person directly beneficially owns 123,714.639 shares of Hanover common stock. This figure does not include an additional 14,454 shares held by the reporting person’s spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 382 | $185.91 | $71K |
Footnotes (1)
- Reflects shares withheld from restricted stock unit awards to cover FICA and related income tax obligations for executives eligible for retirement vesting under the terms of such awards. Does not include 14,454 shares held by the Reporting Person's spouse.
FAQ
What insider transaction did THG report in this Form 4?
The President and CEO of Hanover Insurance Group, Inc. (THG) reported that 382 shares of common stock were withheld on 12/01/2025 to cover tax obligations related to restricted stock unit awards.
What is the nature of the THG transaction code F on this Form 4?
Transaction code F indicates shares were withheld by the issuer to cover tax obligations associated with an equity award, in this case restricted stock units for an executive eligible for retirement vesting.
What positions does the reporting person hold at Hanover Insurance Group (THG)?
The reporting person is both a Director and an Officer, serving as President and CEO of Hanover Insurance Group, Inc.