Bradicich Kevin 4
Research Summary
AI-generated summary
Hanover (THG) Director Kevin Bradicich Receives RSU Award
What Happened
- Kevin Bradicich, a director of Hanover Insurance Group, received an award of 3.767 restricted stock units (RSUs) on 2026-06-26. The reported acquisition price is $0.00, so no cash was paid; total reported value = $0. This was reported on a Form 4 filed 2026-06-30.
- This is an award/grant (insider transaction code A) rather than an open-market purchase or sale — common for dividend equivalents or compensation-related equity.
Key Details
- Transaction date: 2026-06-26; Form 4 filed: 2026-06-30 (filed within required reporting window).
- Shares/units acquired: 3.767 RSUs at $0.00 per unit (acquisition value $0).
- Shares owned after transaction: not specified in the filing.
- Footnote: These RSUs were granted under the company’s 2022 Long-Term Incentive Plan as dividend-equivalent units tied to previously granted RSUs; they vest on the earlier of the one-year anniversary of the original RSU grant or the next annual meeting.
- Transaction code: A (award/grant). No 10b5-1 plan, tax-withholding, or late-filing indication noted.
Context
- RSU awards tied to dividend equivalents are routine equity compensation adjustments and do not reflect an out-of-pocket purchase by the insider. They typically vest over time and may be subject to forfeiture until vesting.
- Because this is an awarded equity grant (not a sale or purchase), it should be interpreted as compensation-related rather than a direct signal of the insider buying or selling company stock.