Howie Craig 4
4 · Hamilton Insurance Group, Ltd. · Filed Feb 28, 2025
Insider Transaction Report
Form 4
Howie Craig
Chief Financial Officer
Transactions
- Award
Class B Common Shares
2025-02-26+44,453→ 260,823 total - Award
Class B Common Shares
2025-02-26+41,717→ 216,370 total - Tax Payment
Class B Common Shares
2025-02-26$18.41/sh−13,328$245,368→ 247,495 total
Footnotes (4)
- [F1]The reported transaction involved the reporting person's receipt of a grant of 41,717 restricted stock units ("RSUs") under the Hamilton Insurance Group, Ltd. ("HG") Equity Incentive Plan which vest one third per year on March 1, 2026, 2027 and 2028 respectively. Each RSU represents a contingent right to receive one share of HG Class B Common Shares upon vesting. The total reported in Column 5 includes the 41,717 newly awarded and unvested RSUs, 112,686 unvested RSUs previously reported in Table I and Table II and 61,967 Common Shares.
- [F2]Represents shares acquired upon the certification by HG for the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") previously granted to the reporting person under the terms of the HG Equity Incentive Plan. The reporting person's PSUs are earned based on the HG annualized underwriting return on capital for the 3-year performance period ending on December 31, 2024. HG confirmed the annualized underwriting return on capital for the 3-year performance period ending on December 31, 2024, was 6.1%, resulting in a performance payout at 146.4% of target.
- [F3]Represents shares retained by the issuer to satisfy tax withholding obligations upon vesting of PSUs.
- [F4]Represents the value of the shares on the vesting date which was used to determine the number of shares to be retained by the issuer to satisfy the tax withholding obligations.