Carreiro Gemma Elizabeth 4

What Happened

• Gemma Elizabeth Carreiro, Group General Counsel of Hamilton Insurance Group, Ltd. (HG), was awarded and acquired 22,448 shares on Feb 24, 2026. The shares were reported at $0.00 per share on the Form 4 (acquired shares via an award), reflecting a vesting/payment of performance stock units rather than an open‑market purchase.

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (filed two days after the transaction).
• Shares acquired: 22,448; reported acquisition price: $0.00; total reported consideration: $0.
• Footnote F1: Shares were issued upon certification of performance stock units (PSUs) tied to a 3‑year performance period ending Dec 31, 2025. The annualized underwriting return on capital for that period was 8.6%, yielding a payout at 200% of target.
• Footnote F2: The reported amount includes restricted stock units (RSUs).
• Shares owned after the transaction: not specified in the filing.

Context

• This was a performance‑based award vesting (PSUs/RSUs), common as long-term compensation for executives; no cash was exchanged. Such awards reflect plan-based vesting outcomes (here, a strong performance payout) and are not the same as the insider buying or selling stock in the open market.