Bunting Theodore H JR 4
Research Summary
AI-generated summary
Hanover (THG) Director Theodore H. Bunting Jr. Receives RSU Award
What Happened
Theodore H. Bunting Jr., a director of Hanover Insurance Group, Inc. (THG), was granted 843 restricted stock units (RSUs) on May 12, 2026. The grant was reported on a Form 4 filed May 13, 2026. The units were recorded at $0.00 per share (typical for RSU awards), so no cash was paid by the insider.
Key Details
- Transaction type: Award/Grant (code A) of restricted stock units.
- Date of transaction: 2026-05-12; Form 4 filed: 2026-05-13 (timely).
- Shares/units granted: 843 RSUs; reported price: $0.00 (no purchase price).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: RSUs granted under the Issuer's 2022 Long-Term Incentive Plan; vest on the earlier of the one-year anniversary of the grant or the date of the next annual meeting.
Context
RSU grants are a form of equity compensation that typically vest over time; they do not represent an immediate cash transaction or sale. Because these units vest later, they do not directly signal a buy/sell decision by the insider at grant time. The filing appears timely (filed the day after the report date).