Albo Giuseppina 4

What Happened

• Giuseppina Albo, CEO of Hamilton Insurance Group (HG), received 236,880 shares on Feb 24, 2026 upon certification of performance stock units (PSUs) granted under the company's equity plan. The PSUs were earned at 200% of target after an annualized underwriting return on capital of 8.6% for the 3‑year period ending Dec 31, 2025. The shares were issued at $0.00 (award/vesting); at the Feb 24, 2026 closing price of $30.55 that represents an implied market value of about $7,236,684.
• To satisfy tax withholding obligations arising from the PSU vesting, 120,809 shares were withheld/disposed on the same date. Those withheld shares are recorded at $30.55 each for a total of $3,690,715. This is withholding to cover taxes, not an open‑market sale.

Key Details

• Transaction date: Feb 24, 2026; Form 4 filed Feb 26, 2026 (appears timely — within the normal 2‑business‑day window).
• Award (A): 236,880 shares acquired at $0.00 (PSU vesting; payout 200% of target).
• Tax withholding (F): 120,809 shares disposed at $30.55, total $3,690,715.
• Footnotes: PSUs earned based on 3‑year underwriting return (8.6% → 200% payout); filing notes inclusion of restricted stock units; shares withheld represent tax withholding; $30.55 closing price used to calculate withholding.
• Shares owned after the transaction: not specified in this Form 4.

Context

• This was an earned equity award (PSUs) that vested and resulted in shares being issued to the CEO; the "disposition" entry reflects shares withheld by the company to satisfy tax obligations (a common, routine administrative action), not an open‑market sale.
• Because the award was paid at 200% of target, the grant reflects plan payout tied to company performance metrics rather than a discretionary purchase or sale by the insider.