Hanover director receives small RSU dividend grant

Aristeguieta Francisco reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Aristeguieta Francisco reported acquisition or exercise transactions in this Form 4 filing.

HANOVER INSURANCE GROUP, INC. director Francisco Aristeguieta reported a small equity compensation update. He received 3.767 shares of common stock in the form of restricted stock units granted at no cash cost under the company’s 2022 Long-Term Incentive Plan.

These RSUs were issued as dividend equivalent rights tied to previously granted RSUs and will vest on the earlier of the one-year anniversary of the original RSU grant date or the next annual meeting. Following this grant, Aristeguieta directly holds a total of 4,056.767 common shares, reflecting a routine, compensation-related accrual rather than an open-market purchase or sale.

Insights

Equity compensation analyst

Routine RSU dividend-equivalent accrual, not an open-market trade.

Director Francisco Aristeguieta received 3.767 additional restricted stock units as a dividend-equivalent adjustment under Hanover’s 2022 Long-Term Incentive Plan. The award carries a zero-dollar price per share, confirming it is compensation, not a market transaction.

The footnote explains these RSUs mirror dividends on earlier grants and vest on the earlier of the one-year anniversary of the original RSUs or the next annual meeting. After this grant, Aristeguieta’s direct holdings total 4,056.767 shares, indicating a very small, routine change with limited signaling value for investors.

Insider Trade Summary

Grant/Award: 3.767 shares

Grant/Award 1 txn

Insider Aristeguieta Francisco

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3.767	$0.00	$0.00

Holdings After Transaction: Common Stock — 4,056.767 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 units vest on the earlier of the one-year anniversary of the date of grant of the original underlying RSUs or the date of the next annual meeting.

Key Figures

RSUs granted: 3.767 shares Post-grant holdings: 4,056.767 shares Grant price: $0.0000 per share +1 more

4 metrics

RSUs granted 3.767 shares Restricted stock units granted as dividend-equivalent rights on 2026-06-26

Post-grant holdings 4,056.767 shares Total common stock directly held after RSU grant

Grant price $0.0000 per share Indicates compensation grant, not cash purchase

Transaction code A Grant, award, or other acquisition of non-derivative common stock

Key Terms

restricted stock units ("RSUs"), dividend equivalent rights, 2022 Long-Term Incentive Plan ("2022 LTIP"), annual meeting

4 terms

restricted stock units ("RSUs") financial

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

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

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 ("2022 LTIP") financial

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

annual meeting regulatory

"Such units vest on the earlier of the one-year anniversary ... or the date of the next annual meeting."

A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.

FAQ

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

What insider transaction did Hanover Insurance (THG) report for Francisco Aristeguieta?

Hanover Insurance reported that director Francisco Aristeguieta received 3.767 restricted stock units as compensation. These units represent dividend-equivalent rights tied to earlier RSU grants, rather than an open-market stock purchase or sale, and slightly increase his direct equity holdings.

Was the THG insider Form 4 a stock purchase or sale by Francisco Aristeguieta?

The Form 4 for Hanover Insurance director Francisco Aristeguieta did not report a stock purchase or sale. It disclosed a grant of 3.767 restricted stock units at no cash cost as part of his equity compensation under the company’s 2022 Long-Term Incentive Plan.

How many Hanover Insurance (THG) shares does Francisco Aristeguieta hold after this Form 4?

After the reported RSU grant, director Francisco Aristeguieta holds 4,056.767 Hanover Insurance common shares directly. This total includes the 3.767 restricted stock units granted as dividend-equivalent rights, representing a small, incremental increase in his overall equity position with the company.

What are the vesting terms of the new RSUs reported for THG director Francisco Aristeguieta?

The newly granted restricted stock units for Hanover Insurance director Francisco Aristeguieta vest on the earlier of two dates: the one-year anniversary of the original underlying RSU grant or the date of the next annual shareholder meeting, aligning their schedule with the prior RSU award.

Why did Hanover Insurance (THG) grant 3.767 RSUs to Francisco Aristeguieta?

Hanover Insurance granted 3.767 restricted stock units to director Francisco Aristeguieta as dividend-equivalent rights on previously awarded RSUs. This adjusts his equity compensation so that RSU holders receive value similar to cash dividends paid on common stock, without requiring an open-market transaction.

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

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Accepted by SEC EDGAR 06/30/2026 - 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^*

Aristeguieta Francisco

(Last) (First) (Middle)

C/O THE HANOVER INSURANCE GROUP

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026

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	06/26/2026		A(1)		3.767	A	$0	4,056.767	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 units vest on the earlier of the one-year anniversary of the date of grant of the original underlying RSUs or the date of the next annual meeting.

	/s/ Lindsay L. Katz pursuant to Confirming Statement	06/30/2026
	** 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)