FARBER JEFFREY M 4
4 · HANOVER INSURANCE GROUP, INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Hanover (THG) EVP Jeffrey Farber Surrenders 5,507 Shares for Taxes
What Happened Jeffrey M. Farber, Executive Vice President of Hanover Insurance Group (THG), had 5,507 shares surrendered to cover tax withholding related to the vesting of restricted stock units. The shares were valued at $180.63 each, totaling approximately $994,729. This was a tax-withholding disposition (code F), not an open‑market sale or a new purchase.
Key Details
- Transaction date: February 27, 2026; Filing date: March 2, 2026 (timely filed).
- Price reported: $180.63 per share; 5,507 shares; total value ≈ $994,729.
- Shares owned after transaction: Not specified in the provided excerpt.
- Footnote: F1 — These shares were forfeited to pay withholding taxes upon RSU vesting on Feb 27, 2026; any fractional shares were rounded up to the next whole share.
- Transaction code meaning: F = payment of exercise price or tax liability (here, tax withholding).
Context This was a routine net‑settlement/tax-withholding event tied to the vesting of previously granted RSUs, not an indication of a discretionary sale or new purchase. Such withholdings are common and generally reflect tax obligations rather than a change in insider sentiment.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-27$180.63/sh−5,507$994,729→ 51,716.485 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.