LAVEY RICHARD W 4

What Happened Richard W. Lavey, Executive Vice President of Hanover Insurance Group (THG), had 3,220 shares forfeited to cover withholding taxes upon the vesting of restricted stock units (RSUs). The shares were valued at $180.63 each, for a total of $581,629. This was not an open‑market sale or purchase but a routine tax-withholding disposition tied to RSU vesting.

Key Details

• Transaction date: February 27, 2026
• Filing date: March 2, 2026 (Form 4) — filed timely
• Disposed/forfeited: 3,220 shares at $180.63 per share; total value $581,629
• Transaction code: F (payment of exercise price or tax liability / withholding)
• Footnote: Shares were forfeited to pay withholding taxes on RSUs that vested; fractional shares were rounded up to the next whole share per the award terms
• Shares owned after transaction: Not specified in the provided filing excerpt

Context This was a tax-withholding action connected to RSU vesting (a common administrative transaction), not a market sale indicating intent to reduce holdings. For retail investors, purchases or open-market sales by insiders generally carry more informational weight than routine withholding transactions.