Miller Jeanette L 4

What Happened

• Jeanette L. Miller, SVP and Chief Legal Officer of James River Group Holdings (JRVR), had company shares withheld to satisfy tax liabilities tied to restricted stock unit (RSU) vesting. Two withholding dispositions occurred on March 1, 2026: 482 shares withheld at $7.00 each for $3,374, and 1,550 shares withheld at $7.00 each for $10,850, totaling 2,032 shares and $14,224. These disposals were tax-withholding transactions (code F), not open-market sales.

Key Details

• Transaction date: March 1, 2026; Form 4 filed March 3, 2026.
• Shares/price/value: 482 shares @ $7.00 = $3,374; 1,550 shares @ $7.00 = $10,850; total 2,032 shares = $14,224.
• Footnotes: 482 shares withheld to cover tax on vesting of 1,426 RSUs; 1,550 shares withheld to cover tax on vesting of 4,592 RSUs (total 6,018 RSUs vested on March 1, 2026).
• Transaction code: F (shares withheld for tax withholding).
• Shares owned after the transaction: not specified in the provided filing.
• Filing timeliness: Form 4 was filed two days after the transaction date (March 3, 2026), consistent with standard Form 4 timing.

Context

• These were routine company withholdings to cover tax liabilities from RSU vesting (a form of "cashless" settlement), not discretionary open‑market sales or purchases. Such withholding transactions are common and generally do not signal a change in the insider’s view of the company. Purchases or open-market sales are typically more informative about insider sentiment.