BROWN DAVID A 4
Research Summary
AI-generated summary
Hamilton Insurance (HG) Director David A. Brown Sells Shares
What Happened
David A. Brown, a director of Hamilton Insurance Group, Ltd. (HG), sold 12,700 Class B common shares in open-market transactions on May 15, 2026. The weighted-average price reported was $31.82 per share, producing aggregate proceeds of approximately $404,117. This was a sale (disposition), not a purchase or option exercise.
Key Details
- Transaction date: 2026-05-15 (reported on Form 4 filed 2026-05-19).
- Price: weighted average $31.82; transactions occurred in multiple tranches at prices ranging $31.52 to $32.09 (see footnote F1).
- Shares sold: 12,700; approximate proceeds $404,117.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Notable footnotes:
- F1: Weighted-average price; full breakdown by price per share available on request.
- F2: References an investment holding company held by Thelwall Trust (a family trust for the reporting person and family).
- F3: Indicates reported counts may include restricted stock units.
- Filing timeliness: Form lists filing date 2026-05-19 for a 2026-05-15 trade — verify timeliness against the SEC’s 2-business-day Form 4 filing rule.
Context
Sales by directors can be routine (e.g., portfolio rebalancing, tax or personal needs) and do not by themselves signal company performance. Purchases typically carry more weight as a bullish signal. The filing shows this sale involved Class B common shares and that some holdings/transactions are connected to an investment vehicle tied to a family trust; consult the full Form 4 for complete ownership and per-tranche price details.