THG EVP granted additional RSUs via dividends

Accepted by SEC EDGAR 06/30/2026 - 04:08 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

LAVEY RICHARD W reported acquisition or exercise transactions in this Form 4 filing.

HANOVER INSURANCE GROUP, INC. Executive Vice President Richard W. Lavey received 28.415 shares of common stock as restricted stock units granted at no cost. These RSUs were credited as dividend equivalent rights tied to previously granted RSUs under the 2022 Long-Term Incentive Plan and will vest on the third anniversary of the original RSU grant date. After this award, he directly holds a total of 34,446.623 shares of common stock.

Insider Trade Summary

Grant/Award: 28.415 shares

Grant/Award 1 txn

Insider LAVEY RICHARD W

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	28.415	$0.00	$0.00

Holdings After Transaction: Common Stock — 34,446.623 shares (Direct)

Holdings Before and After: Common Stock, 34,418.208 to 34,446.623 shares (Direct)

Footnotes (1)

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 RSUs vest on the third anniversary of the date of grant of the original underlying RSUs.

Key Figures

RSUs granted: 28.415 shares Grant price: $0.0000 per share Holdings after transaction: 34,446.623 shares +1 more

4 metrics

RSUs granted 28.415 shares Restricted stock units granted as dividend equivalents

Grant price $0.0000 per share RSUs under 2022 Long-Term Incentive Plan

Holdings after transaction 34,446.623 shares Common stock held directly after RSU grant

Vesting schedule Third anniversary RSUs vest on third anniversary of original RSU grant

Key Terms

restricted stock units, dividend equivalent rights, 2022 Long-Term Incentive Plan

3 terms

restricted stock units financial

"Grant of restricted stock units ("RSUs") under the Issuer's 2022 Long-Term Incentive Plan"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

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 financial

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did THG executive Richard W. Lavey report on this Form 4?

Richard W. Lavey reported receiving 28.415 shares of THG common stock as restricted stock units. These units were granted at no cash cost as dividend equivalent rights linked to his previously granted RSUs under the company’s 2022 Long-Term Incentive Plan.

How many THG shares does Richard W. Lavey hold after this reported RSU grant?

After this RSU grant, Richard W. Lavey directly holds 34,446.623 shares of THG common stock. This figure includes the newly granted 28.415 restricted stock units credited as dividend equivalents on prior awards under the 2022 Long-Term Incentive Plan.

What is the nature of the THG shares granted to Richard W. Lavey in this filing?

The 28.415 THG shares are restricted stock units granted at a price of $0.0000 per share. They represent dividend equivalent rights accruing on previously granted RSUs under the 2022 Long-Term Incentive Plan, rather than an open-market purchase of common stock.

When will Richard W. Lavey’s newly granted THG RSUs vest?

The RSUs granted to Richard W. Lavey will vest on the third anniversary of the original underlying RSU grant date. They were issued as dividend equivalent rights connected to those earlier RSUs, so their vesting follows the original awards’ timing framework.

Were the THG restricted stock units granted to Richard W. Lavey tied to dividends?

Yes. The 28.415 restricted stock units were granted in connection with the accrual of dividend equivalent rights. These rights are associated with RSUs previously granted under THG’s 2022 Long-Term Incentive Plan, effectively mirroring dividends on those earlier awards in stock form.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

LAVEY RICHARD W

(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)
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)		28.415	A	$0	34,446.623	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	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)