Doran Sarah C. 4

What Happened Sarah C. Doran, Chief Financial Officer of James River Group Holdings (JRVR), had 8,741 shares withheld on March 5, 2026 to satisfy the tax liability from the vesting of 25,905 restricted stock units (RSUs). The withheld shares were valued at $6.44 each, totaling $56,292. This was a tax-withholding disposition (transaction code F), not an open-market sale or new purchase.

Key Details

• Transaction date: 2026-03-05; Price per share: $6.44; Shares withheld/disposed: 8,741; Total value: $56,292.
• Underlying award: 25,905 RSUs vested on March 5, 2026 (footnote F1).
• Shares owned after the transaction: not specified in this filing.
• Footnote: F1 states the shares were withheld by James River to pay the tax liability from the RSU vesting.
• Filing: Form 4 filed 2026-03-09; filed within the required reporting window (timely).

Context Tax-withholding on RSU vesting is a routine administrative transaction and does not necessarily reflect the insider’s view of the company’s stock. Unlike an open-market sale, withheld shares are surrendered to cover taxes rather than representing a discretionary sale.