Salvatore Bryan J 4
4 · HANOVER INSURANCE GROUP, INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Hanover (THG) EVP Salatore Bryan Forfeits 2,807 Shares for Taxes
What Happened Salvatore Bryan, Executive Vice President of Hanover Insurance Group (THG), had 2,807 shares withheld/forfeited on February 27, 2026 to satisfy tax withholding related to vested restricted stock units. The disposition was recorded at $180.63 per share, totaling $507,028. This was a tax-withholding action (not an open-market sale or purchase).
Key Details
- Transaction date and price: 2026-02-27 — 2,807 shares at $180.63 per share (total $507,028).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 — Shares were forfeited to pay withholding taxes upon RSU vesting; any fractional shares were rounded up to the next whole share.
- Filing timeliness: Form filed 2026-03-02; this is within the standard two-business-day window after the 2/27/2026 vesting date (not late).
Context This was a routine tax-withholding/cashless settlement of vested RSUs (transaction code F), where the company retains/forfeits shares to cover withholding obligations. Such withholding transactions are administrative and do not necessarily indicate the insider’s view on the stock. For investors tracking insider activity, outright purchases are typically more informative about insider sentiment than tax-related withholdings.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-27$180.63/sh−2,807$507,028→ 29,038.599 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.