STOCK TITAN

Hanover Insurance (THG) director granted RSU dividend equivalents, now holds 6,355.767 shares

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

Rhea-AI Filing Summary

Hanover Insurance Group director J. Paul Condrin received a small equity-based award. On June 26, 2026, he acquired 3.767 shares of common stock at $0.00 per share through a grant of restricted stock units under the company’s 2022 Long-Term Incentive Plan.

The grant reflects dividend equivalent rights tied to RSUs previously awarded under the same plan. Following this award, Condrin directly holds 6,355.767 shares of Hanover Insurance Group common stock. The new units vest on the earlier of the one-year anniversary of the original RSU grant date or the next annual meeting.

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Insider Condrin J Paul
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3.767 $0.00 --
Holdings After Transaction: Common Stock — 6,355.767 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU dividend equivalent grant 3.767 shares Common Stock RSUs granted June 26, 2026
Grant price per share $0.00 per share Restricted stock unit award
Shares held after transaction 6,355.767 shares Direct ownership following RSU grant
Transaction code A (Grant, award, or other acquisition) Form 4 non-derivative transaction code
Transaction direction Acquire Grant/award acquisition of RSUs
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 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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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Condrin J Paul

(Last)(First)(Middle)
C/O THE HANOVER INSURANCE GROUP, INC.
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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/26/2026A(1)3.767A$06,355.767D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 Statement06/30/2026
** Signature of Reporting PersonDate
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 did Hanover Insurance Group (THG) director J. Paul Condrin report on this Form 4?

He reported receiving 3.767 shares of Hanover common stock via restricted stock units. These units were granted as dividend equivalent rights linked to previously awarded RSUs under the 2022 Long-Term Incentive Plan, increasing his direct holdings to 6,355.767 shares.

Was the Hanover Insurance Group (THG) Form 4 transaction a market purchase or sale?

The transaction was not a market trade. It was a grant or award acquisition of restricted stock units at a price of $0.00 per share, reflecting dividend equivalent rights on earlier RSU awards, rather than an open-market buy or sell order.

How many Hanover Insurance Group (THG) shares does J. Paul Condrin hold after this Form 4?

After the reported grant, Condrin directly holds 6,355.767 shares of Hanover common stock. This total includes the additional 3.767 shares received through restricted stock units tied to dividend equivalent rights on prior RSU grants under the 2022 Long-Term Incentive Plan.

What are the vesting terms for the new RSUs reported by Hanover Insurance Group (THG)?

The new RSUs vest on the earlier of two dates: the one-year anniversary of the grant date of the original underlying RSUs, or the date of the next annual meeting. These vesting conditions apply to the dividend equivalent units granted under the 2022 Long-Term Incentive Plan.

Why did Hanover Insurance Group (THG) grant additional RSUs of 3.767 shares to J. Paul Condrin?

The 3.767-share RSU grant reflects dividend equivalent rights on RSUs previously granted under the 2022 Long-Term Incentive Plan. When dividends accrue, additional units are credited so the RSU holder’s economic interest stays aligned with shareholders receiving cash dividends.