THG director granted RSUs via dividend equivalents
Accepted by SEC EDGAR
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Sentiment and the balance of points
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Form Type
4
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
Grant/Award: 3.767 shares
Grant/Award
1 txn
Insider
Ward Elizabeth A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3.767 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 5,882.767 shares (Direct)
Holdings Before and After:
Common Stock, 5,879 to 5,882.767 shares (Direct)
Footnotes (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
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
