Hoffmann Michael J. 4

What Happened

• Michael J. Hoffmann, Senior Vice President and Chief Underwriting Officer of James River Group Holdings (JRVR), had 8,939 shares withheld by the company on March 5, 2026 to satisfy a tax liability. The withholding was reported as a disposition at $6.44 per share, totaling $57,567. This reflects tax withholding related to the vesting of 20,018 restricted share units (RSUs).

Key Details

• Transaction date: 2026-03-05; Price: $6.44 per share; Amount: 8,939 shares withheld, $57,567 value.
• RSUs vested: 20,018 restricted share units vested on March 5, 2026 (footnote).
• Net shares issued after withholding (inferred): 20,018 vested − 8,939 withheld = 11,079 net shares delivered to the insider.
• Transaction code: F — tax withholding to cover tax liability (not an open-market sale).
• Filing: Report filed 2026-03-09 for period ending 2026-03-05 (filed on the standard 2-business-day schedule; not late based on dates provided).
• Shares owned after transaction: Not reported in the provided excerpt.

Context

• This was a routine cashless tax-withholding event tied to RSU vesting, not an ordinary open-market sale or purchase. Such withholdings are administrative and do not necessarily indicate the insider’s view of the company’s prospects.