4Accepted Sep 28, 4:34 PM ET
Hanover (THG) Director Kathy Lane Receives RSU Award
Accepted (ET)
4:34 PM
Sep 28, 2026
Filed
Sep 28, 2026
Documents
1
Size
5.3 KB
Summary
Hanover (THG) Director Kathy Lane Receives RSU Award
What Happened
Kathy S. Lane, a director of Hanover Insurance Group, was granted 3.7 restricted stock units (RSUs) on 2026-09-25. The reported grant shows 3.7 shares acquired at $0.00 (total reported value $0). This award represents dividend-equivalent units tied to previously granted RSUs rather than a cash purchase or sale.
Key Details
- Transaction date: 2026-09-25; Form filed 2026-09-28.
- Transaction type/code: Award/Grant (A) — 3.7 RSUs @ $0.00 (Acquired) = $0.
- Vesting: These RSUs vest on the earlier of the one-year anniversary of the original underlying RSUs or the date of the next annual meeting (per footnote).
- Deferral: The reporting person has elected to defer the grant upon vesting pursuant to a deferral agreement (footnote).
- Holdings: The filing notes it does not include 4,829 shares held indirectly in a Rabbi Trust under prior deferral agreements.
- Filing timeliness: Form filed within days of the transaction; no late-filing indication provided.
Context
This was an equity award (dividend-equivalent RSUs) rather than a market purchase or sale. Awards and dividend-equivalent grants are common compensation administration items for directors and do not by themselves indicate a buy/sell decision. The director has chosen to defer receipt upon vesting, and the grant will convert to actual shares only once the vesting condition is met.