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Hanover Insurance (NYSE: THG) EVP forfeits 3,220 shares for tax withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HANOVER INSURANCE GROUP, INC. Executive Vice President Richard W. Lavey reported an administrative share disposition tied to equity compensation. On February 27, 2026, 3,220 shares of common stock at $180.63 per share were forfeited to cover withholding taxes upon the vesting of previously granted restricted stock units. After this tax-withholding disposition, he directly owned 34,382.74 common shares.

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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*
LAVEY RICHARD W

(Last) (First) (Middle)
C/O THE HANOVER INSURANCE GROUP, INC.
440 LINCOLN STREET

(Street)
WORCESTER MA 01653

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/27/2026 F(1) 3,220 D $180.63 34,382.74 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. Represents shares that were forfeited to pay withholding taxes upon the vesting of restricted stock units that were previously granted by the Issuer and vested on February 27, 2026. In connection with vesting, any fractional shares were rounded up to the next whole share in accordance with the terms of the award agreement.
/s/ Lindsay L. Katz pursuant to Confirming Statement 03/02/2026
** 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.

FAQ

What insider transaction did THG executive Richard W. Lavey report?

Richard W. Lavey reported a tax-withholding disposition of 3,220 Hanover Insurance Group common shares. The shares were forfeited to pay withholding taxes when previously granted restricted stock units vested on February 27, 2026, rather than sold in an open-market transaction.

What was the price and number of THG shares involved in Lavey’s Form 4?

The Form 4 shows 3,220 Hanover Insurance Group common shares valued at $180.63 per share. These shares were withheld to cover taxes on vested restricted stock units, according to the filing’s footnote, rather than representing a traditional market sale.

How many THG shares does Richard W. Lavey hold after this transaction?

After the tax-withholding disposition, Richard W. Lavey directly holds 34,382.74 Hanover Insurance Group common shares. This total reflects his remaining direct ownership following the forfeiture of 3,220 shares used to satisfy withholding obligations on restricted stock unit vesting.

Was Lavey’s THG Form 4 transaction a discretionary stock sale?

No, the transaction reflects shares forfeited to pay withholding taxes on vested restricted stock units. The footnote explains the shares were used for tax withholding upon vesting, indicating an administrative equity-compensation event rather than a discretionary open-market sale by the executive.

What role does Richard W. Lavey hold at Hanover Insurance Group (THG)?

Richard W. Lavey is an Executive Vice President at Hanover Insurance Group. His status as an officer makes him a reporting person for insider transactions, requiring disclosure of equity-related events such as tax-withholding dispositions tied to restricted stock unit vesting.
Hanover Insuranc

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