Hanover Insurance (NYSE: THG) EVP receives RSU dividend-equivalent grant

Rhea-AI Filing Summary

Hanover Insurance Group executive Jeffrey M. Farber received a small equity award in the form of restricted stock units. He acquired 53.2520 shares of common stock-equivalent RSUs on March 27, 2026 as a grant under the company’s 2022 Long-Term Incentive Plan tied to dividend equivalents.

These RSUs vest on the third anniversary of the original underlying RSU grant date, meaning they are subject to continued service-based vesting. Following this grant, Farber directly holds 51,769.7370 shares of Hanover Insurance Group common stock, reflecting ongoing equity-based compensation rather than an open-market transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider FARBER JEFFREY M

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	53.252	$0.00	--

Holdings After Transaction: Common Stock — 51,769.737 shares (Direct)

Footnotes (1)

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Key Figures

RSUs granted: 53.2520 shares Post-transaction holdings: 51,769.7370 shares Transaction code: A (grant, award, or other acquisition) +1 more

4 metrics

RSUs granted 53.2520 shares Restricted stock units from dividend equivalents on 2026-03-27

Post-transaction holdings 51,769.7370 shares Total common stock held directly after grant

Transaction code A (grant, award, or other acquisition) Characterizes the RSU transaction type

Per-share transaction price $0.0000 Indicates compensation grant, not cash purchase

Key Terms

restricted stock units ("RSUs"), 2022 Long-Term Incentive Plan ("2022 LTIP"), dividend equivalent rights, vest

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.

2022 Long-Term Incentive Plan ("2022 LTIP") financial

"under the Issuer's 2022 Long-Term Incentive Plan ("2022 LTIP")"

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.

vest financial

"Such RSUs vest on the third anniversary of the date of grant"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 Insider Transactions: What Each Field Means →

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^*

FARBER JEFFREY M

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026

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	03/27/2026		A(1)		53.252	A	$0	51,769.737	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 RSUs vest on the third anniversary of the date of grant of the original underlying RSUs.

	/s/ Lindsay L. Katz pursuant to Confirming Statement	03/31/2026
	** 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 did THG executive Jeffrey M. Farber report in this Form 4 filing?

Jeffrey M. Farber reported receiving 53.2520 restricted stock units linked to Hanover Insurance Group common stock. The award came under the 2022 Long-Term Incentive Plan and reflects dividend equivalent rights added to previously granted RSUs, rather than an open-market purchase or sale.

How many THG shares does Jeffrey M. Farber hold after this RSU grant?

After this grant, Jeffrey M. Farber directly holds 51,769.7370 shares of Hanover Insurance Group common stock. This total includes the newly awarded 53.2520 RSU-based shares and represents his updated post-transaction ownership reported in the Form 4 filing.

What is the nature of the 53.2520 RSUs reported for THG?

The 53.2520 RSUs are a grant under Hanover Insurance Group’s 2022 Long-Term Incentive Plan. They arise from dividend equivalent rights attached to RSUs previously granted, effectively crediting additional RSUs instead of cash dividends on those earlier awards.

When will the newly reported THG RSUs vest for Jeffrey M. Farber?

The RSUs vest on the third anniversary of the original underlying RSU grant date. This means the 53.2520 RSUs follow the same vesting schedule as the prior RSU award they relate to, requiring continued service until that three-year mark for full vesting.

Did Jeffrey M. Farber buy or sell THG shares in the market in this filing?

No market buy or sell occurred in this filing. The Form 4 shows an acquisition coded as a grant or award, reflecting restricted stock units credited under the 2022 Long-Term Incentive Plan, not an open-market purchase or sale of Hanover Insurance Group shares.