Kerrigan Dennis Francis 4
4 · HANOVER INSURANCE GROUP, INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Hanover Insurance (THG) EVP Dennis Kerrigan Forfeits 1,751 Shares
What Happened
- Kerrigan Dennis Francis, Executive Vice President of Hanover Insurance Group (THG), forfeited 1,751 shares on February 27, 2026 to satisfy withholding taxes related to the vesting of restricted stock units. The shares were valued at $180.63 each, for a total of $316,283. This was a tax-withholding transaction (code F), not an open-market sale or purchase.
Key Details
- Transaction date and price: 2026-02-27 — 1,751 shares at $180.63 each (total $316,283).
- Transaction type/code: F — payment of tax liability via forfeiture of shares upon RSU vesting.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: F1 — Shares were forfeited to pay withholding taxes on RSUs that vested on Feb 27, 2026; any fractional shares were rounded up per the award agreement.
- Filing date and timeliness: Filed 2026-03-02; this appears to be timely (filed within the required SEC Form 4 window).
Context
- This is a routine “sell-to-cover”/forfeiture to satisfy tax obligations on vested RSUs and does not necessarily reflect the insider’s view of the company’s stock. It differs from an open-market sale or a purchase and should be interpreted as standard compensation-related withholding.
Insider Transaction Report
Form 4
Kerrigan Dennis Francis
Executive Vice President
Transactions
- Tax Payment
Common Stock
[F1]2026-02-27$180.63/sh−1,751$316,283→ 11,968.723 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