McCoy James Paul 4
Research Summary
AI-generated summary
James River (JRVR) SVP McCoy James Paul Receives Restricted Stock Award
What Happened
McCoy James Paul, Senior Vice President of James River Group Holdings, was granted 18,912 restricted share units (RSUs) on March 4, 2026. The award is reported as an acquisition at $0.00 per share (code A — grant/award), meaning no cash purchase was made; the units will convert to common stock only as they vest.
Key Details
- Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (filed timely within the usual 2-business-day window).
- Award: 18,912 restricted share units; reported acquisition price: $0.00.
- Vesting (per footnote): payable solely in common stock, vesting in three equal annual installments on March 4 of 2027, 2028 and 2029.
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- Transaction type: A = Award/Grant (not an open-market purchase or sale).
Context
Restricted stock units are compensation grants that typically convert to shares only upon vesting and may be forfeited if vesting conditions aren't met. This award is a compensation/retention action rather than a market signal from a purchase or sale.