Carlin Jane D 4

What Happened
Jane D. Carlin, a director of Hanover Insurance Group, reclassified 3,623 shares on January 23, 2026. The Form 4 shows a paired "disposition" and "acquisition" of 3,623 shares at $0.00, indicating an internal change in the form of ownership rather than a market sale or purchase.

Key Details

• Transaction date: 2026-01-23; Form 4 filed: 2026-01-27 (filed timely).
• Reported entries: 3,623 shares disposed (code J) at $0.00 and 3,623 shares acquired (code J) at $0.00.
• Footnote: Change of ownership from indirect to direct pursuant to a deferral agreement for stock previously awarded (but deferred) under the issuer’s 2014 Long-Term Incentive Plan.
• Shares owned after the transaction: not specified in the excerpt provided; check the full Form 4 for post-transaction beneficial ownership.
• Transaction code J denotes an other acquisition/disposition (reclassification/change in ownership form), not an open-market trade.

Context
This was an internal reclassification of previously awarded, deferred equity into direct ownership per a deferral agreement — no cash was paid or received and no open-market buying or selling occurred. Such transfers typically reflect administrative changes in how previously granted compensation is held and do not by themselves signal a change in the director’s view of the company.