Egan Cynthia 4
Research Summary
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Hanover (THG) Director Cynthia Egan Receives Restricted Stock Award
What Happened Cynthia Egan, a director of Hanover Insurance Group (THG), received a grant of 843 restricted stock units (RSUs) on 2026-05-12 under the issuer’s 2022 Long‑Term Incentive Plan. The grant is reported at $0.00 per share (standard for RSU awards) and the reporting person has elected to defer distribution upon vesting.
Key Details
- Transaction date and type: 2026-05-12 — Award/Grant (A) of 843 RSUs at $0.00 per share.
- Vesting: Units vest on the earlier of the one‑year anniversary of the grant or the date of the next annual meeting (see footnote F1).
- Deferral: Egan elected to defer the grant upon vesting pursuant to a deferral agreement (F1).
- Related holdings: Filing notes it does not include 977 shares held indirectly in a Rabbi Trust under prior deferral agreements (F2).
- Filing timeliness: Report filed 2026-05-13 (next day), which appears timely.
Context This was an equity award (RSUs), not a market purchase or sale, so it’s a standard compensation action rather than an immediate market sentiment signal. The deferral election and Rabbi Trust holdings indicate Egan is using company deferral arrangements for equity compensation; these arrangements affect timing of delivery and taxation but don’t imply an immediate cash transaction.