Daws Adrian Joseph 4

What Happened
Adrian Joseph Daws, CEO of Hamilton Re (Hamilton Insurance Group, Ltd., ticker HG), received 40,874 shares on Feb 24, 2026 as the settlement of performance stock units (PSUs). To cover tax withholding on the vesting, 16,931 shares were withheld (disposed) at $30.55 per share, representing approximately $517,242. The award shares were issued at $0.00 (no cash purchase).

Key Details

• Transaction dates: Feb 24, 2026 (reported on Form 4 filed Feb 26, 2026). Filing appears timely (filed two days after the transaction date).
• Award: 40,874 shares issued (code A — grant/acquisition; reported price $0.00).
• Tax withholding: 16,931 shares withheld (code F — disposition) at $30.55 each, total ≈ $517,242.
• Shares owned after the transaction: not specified in the filing.
• Notable footnotes:
  • The PSUs were earned based on HG’s 3-year annualized underwriting return on capital; the 3-year return was 8.6%, producing a payout at 200% of target (footnote F1).
  • The withheld shares satisfy tax obligations arising from PSU vesting (footnote F3); the $30.55 per-share figure reflects the closing price used to calculate withholding (footnote F4).
  • The award/holding may include restricted stock units (footnote F2).

Context
This was a compensation-related issuance (PSU vesting) rather than an open-market buy or sell. PSUs paid at 200% of target indicate the awards were earned based on multi-year performance; the withholding of shares to cover taxes is a routine, administrative step and not a separate discretionary sale. For retail investors, compensation vesting signals management was awarded equity due to meeting performance goals but should not be read as a direct insider market buy or sell signal.