Lee Willard T 4

What Happened
Lee Willard, Executive Vice President of Hanover Insurance Group (THG), had 1,215 shares forfeited to satisfy withholding taxes upon the vesting of previously granted restricted stock units (RSUs). The filing reports the withholding at $180.63 per share, totaling approximately $219,465. This was not an open-market sale but a tax-withholding event tied to RSU vesting.

Key Details

• Transaction date: February 27, 2026.
• Report filed: March 2, 2026 — timely (filed within the required two business days).
• Transaction type/code: F — payment of tax liability by surrender/forfeiture of shares.
• Shares forfeited: 1,215 at $180.63 each = $219,465 (approx).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The forfeited shares represent withholding to pay taxes on vested RSUs; fractional shares were rounded up to the next whole share per the award agreement.

Context
This was a routine tax-withholding action in connection with RSU vesting, not a discretionary sale or open-market trade. Such forfeitures are common and generally reflect payroll/tax mechanics rather than an insider expressing a view on the company's stock.