Gauthier John J 4
Research Summary
AI-generated summary
Hamilton (HG) Director John Gauthier Receives RSU Award
What Happened
- John J. Gauthier, a director of Hamilton Insurance Group, Ltd. (HG), received an award of 4,929 restricted stock units (RSUs) on 2026-05-05. The filing shows an acquisition price of $0.00 because this was a compensation grant. The grant value was determined using the May 5, 2026 closing price of $30.43, equating to roughly $150,000.
Key Details
- Transaction date and code: 2026-05-05 (Code A = Award/Grant).
- Grant size and pricing: 4,929 RSUs; reported price $0.00; implied grant value ≈ $149,989.47 based on $30.43 per share (company states $150,000 target).
- Vesting: RSUs cliff vest on the earlier of the one‑year anniversary of the grant or the date of the subsequent annual general meeting (per footnote).
- Shares owned after transaction: Not disclosed in this Form 4.
- Filing timeliness: Form filed 2026-05-07 for a 2026-05-05 grant — appears to be filed within the typical two‑business‑day window.
- Notes: Footnotes indicate this is an annual director RSU award under the Non‑Employee Director Compensation Program; RSUs included in reported amount.
Context
- RSUs are a non‑cash compensation award that convert to shares only after vesting; this is a routine director compensation event rather than an open‑market purchase or sale. Such grants are common for non‑employee directors and do not alone indicate trading intent.