THG (THG) director Elizabeth Ward granted RSUs from dividend equivalents

Rhea-AI Filing Summary

HANOVER INSURANCE GROUP, INC. director Elizabeth A. Ward reported a small equity-based compensation grant. She acquired 3.767 shares of common stock through restricted stock units under the company’s 2022 Long-Term Incentive Plan, tied to dividend equivalent rights on previously granted RSUs. After this grant, she holds a total of 5,882.767 common shares directly. These units vest on the earlier of the one-year anniversary of the original RSU grant date or the next annual meeting.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ward Elizabeth A

Role null

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

Holdings After Transaction: Common Stock — 5,882.767 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares acquired: 3.767 shares Post-transaction holdings: 5,882.767 shares Transaction price: $0.0000 per share

3 metrics

Shares acquired 3.767 shares RSU grant from dividend equivalent rights on 2026-06-26

Post-transaction holdings 5,882.767 shares Common stock held directly after RSU grant

Transaction price $0.0000 per share Non-cash RSU award under 2022 LTIP

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")"

annual meeting financial

"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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/30/2026 - 04:13 PM Accepted by SEC EDGAR 06/30/2026 - 04:12 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^*

Ward Elizabeth A

(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	5,882.767	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)

FAQ

What insider transaction did THG director Elizabeth A. Ward report?

Elizabeth A. Ward reported acquiring 3.767 shares of THG common stock via restricted stock units. The grant reflects dividend equivalent rights accrued on earlier RSU awards under the 2022 Long-Term Incentive Plan.

How many THG shares does Elizabeth A. Ward hold after this Form 4 filing?

After this transaction, Elizabeth A. Ward holds 5,882.767 shares of THG common stock directly. This total includes the newly granted 3.767 shares from restricted stock units credited for dividend equivalent rights.

What is the nature of the equity award reported for THG director Elizabeth A. Ward?

The award is a grant of restricted stock units under THG’s 2022 Long-Term Incentive Plan. These RSUs represent dividend equivalent rights accrued on prior RSU grants, effectively crediting fractional shares as additional units.

When do Elizabeth A. Ward’s new THG RSUs vest?

The newly granted RSUs vest on the earlier of two dates. They vest on the one-year anniversary of the original underlying RSU grant date or on the date of THG’s next annual meeting of shareholders, whichever occurs first.

Was there any cash paid for the THG shares acquired by Elizabeth A. Ward?

No cash changed hands for this acquisition; the transaction price per share is reported as 0.0000. The 3.767 shares were granted as restricted stock units credited through dividend equivalent rights, not purchased in the open market.