Pestcoe Marvin 4

What Happened Marvin Pestcoe, a director of Hamilton Insurance Group, Ltd. (HG), was granted 4,929 restricted stock units (RSUs) on 2026-05-05. The Form 4 reports the acquisition at $0.00 (no cash paid), with the company’s closing share price on that date at $30.43, implying a grant value of roughly $150,000. These RSUs are a compensation award under the company’s Non-Employee Director Compensation Program.

Key Details

• Transaction date and code: 2026-05-05, code A (award/grant).
• Reported price: $0.00 per share (award); company close price used to value grant: $30.43.
• Number of RSUs granted: 4,929 (footnote F2 confirms these are RSUs).
• Implied grant value: about $150,000 (per footnote F1, based on $30.43 close).
• Vesting: RSUs cliff vest on the earlier of the one-year anniversary of the grant or the date of the subsequent annual general meeting (footnote F1).
• Shares owned after transaction: not disclosed in the provided filing.
• Filing timeliness: Reported on 2026-05-07 for a 2026-05-05 transaction — filed within the usual two-business-day Form 4 window (timely).

Context RSU grants to non-employee directors are standard compensation and do not represent an open-market purchase or sale. They convert to shares only upon vesting (subject to the one-year/AGM cliff described), so they are not an immediate bullish or bearish trading signal by themselves. For investors tracking insider activity, awards are useful to monitor director alignment with shareholders but differ from outright purchases in signaling intent.