Langwell Dennis J. 4
Research Summary
AI-generated summary
James River (JRVR) Director Dennis Langwell Receives Award
What Happened
Dennis J. Langwell, a director of James River Group Holdings, Inc. (JRVR), was granted 14,409 restricted share units (reported as an acquisition) on March 4, 2026. The Form 4 reports the per-share price as $0.00 and a total reported value of $0, reflecting an award of RSUs rather than a cash purchase. The award was made under the James River Group Holdings, Inc. 2014 Non-Employee Director Incentive Plan.
Key Details
- Transaction date: 2026-03-04; Filing date: 2026-03-06 (filed within standard reporting window).
- Reported price: $0.00 per share; Reported total value: $0.
- Shares granted: 14,409 restricted share units (RSUs).
- Shares owned after transaction: not specified in the Form 4.
- Footnote: Grant represents the annual RSU award payable solely in common stock under the 2014 Non-Employee Director Incentive Plan; the RSUs vest on March 4, 2027.
- Transaction code: A = Award/Grant.
Context
RSU grants to non-employee directors are a common form of compensation and are not an immediate buy or sell signal—these units convert to shares only if/when they vest and any plan conditions are met. For retail investors, outright purchases by insiders often carry clearer market signals than routine compensation awards.