Hanover Insurance Group (THG) EVP granted extra RSUs from dividend equivalents
Rhea-AI Filing Summary
Hanover Insurance Group, Inc. reported that an executive vice president received a small additional equity grant through its long-term incentive program. On 12/26/2025, the officer acquired 17.312 shares of common stock at a price of $0, increasing their direct beneficial ownership to 9,757.585 shares.
The new shares were granted as restricted stock units (RSUs) under Hanover’s 2022 Long-Term Incentive Plan. They arose from dividend equivalent rights tied to RSUs previously granted under the same plan, meaning the executive receives added RSUs in lieu of cash dividends on earlier awards. These RSUs will vest on the third anniversary of the original RSU grant date, aligning the executive’s interests with longer-term company performance.
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FAQ
What insider transaction did Hanover Insurance Group (THG) report in this Form 4?
An executive vice president of Hanover Insurance Group, Inc. reported acquiring 17.312 shares of common stock on 12/26/2025 through an equity grant, bringing total direct beneficial ownership to 9,757.585 shares.
How were the 17.312 Hanover Insurance Group (THG) shares acquired by the executive?
The 17.312 shares were received as restricted stock units (RSUs) under Hanover’s 2022 Long-Term Incentive Plan, issued in connection with the accrual of dividend equivalent rights on previously granted RSUs.
What are the vesting terms of the new RSUs reported by Hanover Insurance Group (THG)?
The newly granted RSUs will vest on the third anniversary of the date of grant of the original underlying RSUs to which the dividend equivalent rights are linked.
What position does the reporting person hold at Hanover Insurance Group (THG)?
The reporting person is an Executive Vice President of Hanover Insurance Group, Inc., as indicated in the relationship section of the filing.
Was cash paid for the Hanover Insurance Group (THG) shares acquired in this Form 4 transaction?
No cash was paid; the 17.312 shares were acquired at a reported price of $0, reflecting an equity grant rather than an open-market purchase.
Is this Hanover Insurance Group (THG) Form 4 filed for one or multiple reporting persons?
The Form 4 is indicated as being filed by one reporting person, not a group filing.