LOVELY DAVID JOHN 4
4 · HANOVER INSURANCE GROUP, INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Hanover (THG) EVP David Lovely Forfeits 1,068 Shares for Taxes
What Happened David John Lovely, Executive Vice President of Hanover Insurance Group (THG), had 1,068 shares withheld/forfeited to satisfy tax withholding obligations tied to the vesting of restricted stock units. The shares were valued at $180.63 each, for a total of approximately $192,913. This transaction is a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date and price: February 27, 2026 — 1,068 shares disposed at $180.63 per share (total ≈ $192,913).
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnote: Shares were forfeited to pay withholding taxes on RSUs that vested on Feb 27, 2026; fractional shares were rounded up to the next whole share per the award terms.
- Timeliness: Form filed March 2, 2026. This filing appears timely (no late-filing flag).
Context This was a routine tax-withholding arrangement on vested restricted stock units — common practice when equity awards vest. Such withholdings are administrative and do not necessarily reflect the insider’s view of the company’s stock.
Insider Transaction Report
Form 4
LOVELY DAVID JOHN
Executive Vice President
Transactions
- Tax Payment
Common Stock
[F1]2026-02-27$180.63/sh−1,068$192,913→ 3,794.675 total
Footnotes (1)
- [F1]Represents shares that were forfeited to pay withholding taxes upon the vesting of restricted stock units that were previously granted by the Issuer and vested on February 27, 2026. In connection with vesting, any fractional shares were rounded up to the next whole share in accordance with the terms of the award agreement.
Signature
/s/ Lindsay L. Katz pursuant to Confirming Statement|2026-03-02