Egan Cynthia 4
Research Summary
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Hanover (THG) Director Cynthia Egan Receives RSU Award
What Happened Cynthia Egan, a director of Hanover Insurance Group (THG), was granted 3.767 restricted stock units (RSUs) on 2026-06-26. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (reported value $0). These RSUs were issued as dividend-equivalent units tied to previously granted RSUs.
Key Details
- Transaction date: 2026-06-26; Form 4 filed: 2026-06-30 (timely filing).
- Amount: 3.767 RSUs; reported acquisition price: $0.00; reported total value: $0.
- Vesting: These units vest on the earlier of the one-year anniversary of the original grant or the next annual meeting.
- Deferral: The reporting person has elected to defer the grant upon vesting pursuant to a deferral agreement (per footnote F1).
- Ownership note: Filing states it does not include 977 shares held indirectly in a Rabbi Trust under deferral agreements (per footnote F2).
Context This was an award of dividend-equivalent RSUs (routine compensation-related grant), not an open-market purchase or sale. The units may convert to shares if and when they vest; because Egan elected deferral, payout timing is governed by her deferral agreement. This type of grant is typically compensation-related and does not by itself indicate a buy or sell signal.