Hanover (THG) Director Cynthia Egan Receives RSU Award

What Happened
Cynthia Egan, a director of Hanover Insurance Group, received a grant of 3.7 restricted stock units (RSUs) under the company's 2022 Long-Term Incentive Plan on 2026-09-25. The reported acquisition price was $0.00. The award represents dividend-equivalent units tied to previously granted RSUs and will vest on the earlier of the one-year anniversary of the original RSU grant or the date of the next annual meeting. Egan has elected to defer these units upon vesting pursuant to a deferral agreement.

Key Details

• Transaction date: 2026-09-25; Filing date: 2026-09-28 (timely filed).
• Transaction type/code: A — Grant/Award; Quantity: 3.7 RSUs; Price: $0.00.
• Vesting: Units vest per footnote terms (earlier of one-year anniversary of original grant or next annual meeting).
• Deferral: Reporting person elected to defer payment upon vesting (per deferral agreement).
• Holdings note: Filing footnote states it does not include 977 shares held indirectly in a Rabbi Trust under deferral agreements.
• Interpretation: This is a compensation award (not an open-market purchase or sale); common for directors and typically neutral for near-term trading signals.

Context
RSU grants are standard compensation for directors/executives. Because these units vest later and Egan elected to defer them, the transaction reflects routine compensation mechanics (including dividend-equivalent accrual), not an immediate cash purchase or sale.