Bunting Theodore H JR 4
Research Summary
AI-generated summary
Hanover (THG) Director Theodore Bunting Receives RSU Award
What Happened
- Theodore H. Bunting Jr., a director of Hanover Insurance Group, received a grant of 3.767 restricted stock units (RSUs) on 2026-06-26. The filing shows an acquisition price of $0 for these units (reported value $0). These RSUs represent a future right to shares if and when they vest; they were granted in connection with accrued dividend equivalent rights tied to previously awarded RSUs.
Key Details
- Transaction date: 2026-06-26; filing date: 2026-06-30.
- Reported transaction type: Award/Grant (code A); 3.767 RSUs acquired at $0.00.
- Shares owned after the transaction: not specified in the filing.
- Footnote: These are RSUs under the Issuer’s 2022 Long-Term Incentive Plan and vest on the earlier of the one‑year anniversary of the original RSU grant or the next annual meeting (they reflect accrued dividend equivalents on prior RSUs).
- Filing timeliness: filed 4 days after the transaction; the filing does not indicate a timeliness flag in the record provided here.
Context
- RSU grants and dividend-equivalent accruals are common non-cash compensation for directors and executives and do not reflect open‑market buying or selling. Small grant size (3.767 units) suggests this award is an adjustment for accrued dividends rather than a new large compensation award.