Fisher Daniel Mark 4
Research Summary
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Hamilton (HG) Group Head HR & Comm. Mark Fisher Receives Award
What Happened
- Mark Fisher, Group Head of Human Resources & Communications at Hamilton Insurance Group, received 18,284 shares on Feb 24, 2026 as the vesting/settlement of performance stock units (PSUs). These shares were reported as acquired at $0.00 (code A).
- To satisfy tax withholding on the PSU vesting, 8,594 shares were withheld/disposed (code F) at $30.55 per share, totaling $262,547. Net shares retained from this vesting = 18,284 − 8,594 = 9,690 shares.
- This was not an open-market sale; the disposition reflects employer tax withholding tied to PSU settlement.
Key Details
- Transaction date: February 24, 2026.
- Awarded: 18,284 shares (PSU vesting) reported as acquired at $0.00.
- Withheld/disposed for taxes: 8,594 shares at $30.55 each = $262,547.
- Net shares received from this award: 9,690 shares.
- Footnotes: PSUs were earned based on a 3‑year performance period (ending Dec 31, 2025) where Hamilton’s annualized underwriting return on capital was 8.6%, producing a payout at 200% of target (F1). Filing notes inclusion of restricted stock units (F2). Withholding was to satisfy tax obligations (F3); the withholding count used a $30.55 closing price per share (per filing footnote F4).
- Shares beneficially owned after the transaction (total holdings) are not specified in the Form 4 filing.
- Filing was submitted Feb 26, 2026 for a Feb 24, 2026 transaction; this appears timely under standard Form 4 reporting windows.
Context
- These shares stem from performance-based PSUs that vested at 200% of target — a compensation payout rather than a market purchase or discretionary sale.
- The 8,594-share disposition is routine tax withholding by the issuer (code F) and should not be read as an insider-driven liquidation in the open market.