Lowsley Denise 4
Research Summary
AI-generated summary
Hanover (THG) EVP Denise Lowsley Forfeits 1,207 Shares for Taxes
What Happened
Denise Lowsley, Executive Vice President of Hanover Insurance Group, had 1,207 shares withheld/forfeited to satisfy tax withholding upon the vesting of restricted stock units. The shares were valued at $180.63 each for a total of $218,020. This was a tax-withholding disposition (transaction code F), not an open-market sale or new purchase.
Key Details
- Transaction date: February 27, 2026
- Shares withheld/forfeited: 1,207 at $180.63 each; aggregate value $218,020
- Transaction code: F — tax withholding related to RSU vesting
- Footnote: Shares were forfeited to pay withholding taxes on RSUs that vested; any fractional shares were rounded up to the next whole share (per filing)
- Shares owned after transaction: Not disclosed in this filing
- Filing date: March 2, 2026 — filed within the required reporting window (timely)
Context
This is a routine share-withholding to cover taxes when restricted stock units vest and does not indicate a discretionary sale or purchase by the insider. Such withholding is common and generally not taken as a directional signal about the insider’s view of the stock.