THG executive granted new stock options and awards
Hanover Insurance Group executive Jeffrey M. Farber reported multiple equity awards tied to the company’s long-term incentive plan.
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Rhea-AI Filing Summary
Hanover Insurance Group executive Jeffrey M. Farber reported multiple equity awards tied to the company’s long-term incentive plan. On February 24, 2026, he acquired 14,436 stock options at an exercise price of $0.0000 per share.
He also acquired 5,043, 3,250 and 3,025 shares of common stock through performance-based and time-based restricted stock units granted under the 2022 Long-Term Incentive Plan. Certain performance-based awards had their performance conditions certified and are scheduled to vest on February 27, 2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Option (right to buy) | 14,436 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 5,043 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 3,250 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 3,025 | $0.00 | $0.00 |
Footnotes (4)
- F1. On February 27, 2023, the Reporting Person was granted performance-based restricted stock units ("PBRSUs") pursuant to the Issuer's 2022 Long-Term Incentive Plan ("2022 LTIP"). These PBRSUs were subject to a performance-based vesting condition related to three-year average adjusted return on equity and a time-based vesting condition, and also provided for the accumulation of dividend equivalent rights. On February 24, 2026, the performance condition for this award was certified at 150% of the target award (as adjusted for accumulated dividend equivalent rights). This award remains subject to the time-based vesting condition and will vest on February 27, 2026.
- F2. On February 27, 2023, the Reporting Person was granted PBRSUs pursuant to the Issuer's 2022 LTIP. These PBRSUs were subject to a performance-based vesting condition related to three-year relative total shareholder return and a time-based vesting condition, and also provided for the accumulation of dividend equivalent rights. On February 24, 2026, the performance condition for this award was certified at 100% of the target award (as adjusted for accumulated dividend equivalent rights). This award remains subject to the time-based vesting condition and will vest on February 27, 2026.
- F3. Grant of restricted stock units under the Issuer's 2022 LTIP. Such units vest on the third anniversary of the date of grant.
- F4. Such options vest as to one-third of the shares on each of the first three anniversaries of the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did THG executive Jeffrey M. Farber report on this Form 4?
How many Hanover Insurance Group (THG) stock options did Jeffrey M. Farber receive?
What performance conditions applied to Jeffrey M. Farber’s THG PBRSU awards?
When will Jeffrey M. Farber’s THG performance-based awards vest?
Does this THG Form 4 show Jeffrey M. Farber buying or selling stock in the market?
AI-generated analysis. How Rhea-AI works. Not financial advice.