HANOVER INSURANCE GROUP, INC.·4

May 13, 4:16 PM ET

Ward Elizabeth A 4

Research Summary

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Hanover (THG) Director Elizabeth Ward Receives 843 RSU Award

What Happened

  • Elizabeth A. Ward, a director of Hanover Insurance Group, Inc. (THG), received a grant of 843 restricted stock units (RSUs) on 2026-05-12. The Form 4 reports an acquisition type "A" (award/grant) at $0.00 per unit (total $0 reported).
  • This is an equity award (compensation), not an open-market purchase or sale. RSUs generally convert into shares if vesting conditions are met; they do not represent an immediate cash outlay or sale.

Key Details

  • Transaction date: 2026-05-12; Form 4 filed: 2026-05-13 (timely filing).
  • Reported price: $0.00 per RSU; reported total value on the Form 4: $0.
  • Shares owned after the transaction: not specified in the provided excerpt of the filing.
  • Footnote: The RSUs were granted under the Issuer's 2022 Long-Term Incentive Plan and vest on the earlier of one year from the grant date or the date of the next annual meeting.
  • Filing timeliness: filed the day after the grant (appears timely under Section 16 reporting rules).

Context

  • RSU grants are a common part of director and executive compensation and reflect a future right to receive shares if vesting conditions are met; they do not in themselves indicate buying or selling sentiment.
  • The economic value of these RSUs will depend on THG’s stock price at vesting; the $0 price on the Form 4 indicates an award rather than a cash purchase.