LAVEY RICHARD W 4

What Happened
Richard W. Lavey, Executive Vice President of Hanover Insurance Group, was granted 35.468 restricted stock units (RSUs) on 2026-03-27. The units were reported as acquired at $0.00 (total $0) and represent an award rather than a market purchase or sale.

Key Details

• Transaction date: 2026-03-27; Form 4 filed: 2026-03-31 (timely filing).
• Transaction type/code: Award (A) — 35.468 RSUs acquired at $0.00.
• Footnote: These RSUs were granted as dividend equivalents related to previously awarded RSUs under the Issuer’s 2022 Long‑Term Incentive Plan (2022 LTIP). They vest on the third anniversary of the original underlying RSU grant date.
• Shares owned after transaction: Not reported on the provided filing details.
• No indication of a sale or exercise; this is a compensation award (routine, not a market signal).

Context
RSUs are equity awards that convert to shares (or their cash value) if vesting conditions are met; the eventual value depends on Hanover’s stock price at vesting. Dividend-equivalent RSUs compensate the holder for dividends that would have been paid on the underlying RSUs and typically follow the same vesting schedule as the original grant.