Hanover (THG) Director Joseph Ramrath Receives RSU Award

What Happened

• Joseph R. Ramrath, a director of Hanover Insurance Group, was granted 3.7 restricted stock units (RSUs) on 2026-09-25. The grant shows a $0.00 price per share and a total reported value of $0, reflecting that these are dividend-equivalent RSUs credited to existing awards rather than a cash purchase.

Key Details

• Transaction date: 2026-09-25; Form 4 filed on 2026-09-28 (filing does not indicate lateness).
• Transaction type: A = Award/Grant of RSUs under the Issuer's 2022 Long-Term Incentive Plan (2022 LTIP).
• Amount: 3.7 RSUs; price per share reported as $0.00; total value shown as $0.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: These RSUs were granted as dividend-equivalent units tied to previously awarded RSUs and will vest on the earlier of the one-year anniversary of the original RSU grant or the next annual meeting.

Context

• This is a compensation-related grant (award), not an open-market purchase or sale. Such dividend-equivalent grants are routine for equity-based compensation and do not necessarily signal a change in insider sentiment.
• For retail investors, purchases are often more informative than awards; treat this as a routine vesting/compensation event unless accompanied by additional trading or disclosures.