4Filed Aug 11, 8:00 PM ET

James River Director Rajiv Basu Receives 18,632-Share Award

$JRVR · James River Group Holdings, Inc.

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James River Director Rajiv Basu Receives 18,632-Share Award

What Happened
Rajiv Basu, a director of James River Group Holdings, Inc. (JRVR), received an award of 18,632 restricted share units (RSUs) on August 12, 2026. The filing reports an acquisition price of $0.00 for the grant (transaction code A), so no cash was paid; the Form 4 shows a reported monetary amount of $0 for the transaction.

Key Details

  • Transaction date: 2026-08-12; transaction type: Award/Grant (Code A).
  • Shares/units granted: 18,632 RSUs; reported acquisition price: $0.00; reported value on form: $0.
  • Vesting: These RSUs vest on March 4, 2027 (see footnote F1). The award is payable solely in common stock on vesting.
  • Shares owned after the transaction: not specified in the provided filing.
  • Filing timeliness: Reported on 2026-08-12 (same day), so appears timely.
  • Footnote: F1 states this is the annual director grant under the 2014 Non‑Employee Director Incentive Plan.

Context
This was an equity award (RSUs) rather than an open‑market purchase or sale. RSUs do not represent immediate stock ownership until they vest and are settled in shares; they are a common form of director compensation and do not by themselves indicate a buy or sell signal. No tax‑withholding or disposition details were reported in the provided filing.