McCoy James Paul 4

What Happened
McCoy James Paul, Senior Vice President of James River Group Holdings, had 4,517 shares withheld by the company on March 5, 2026 to satisfy the tax liability related to the vesting of restricted stock units. The withheld shares were valued at $6.44 each, totaling $29,089 (reported as a disposition under code F — tax withholding).

Key Details

• Transaction date: March 5, 2026; filing date: March 9, 2026 (Form 4 filed timely).
• Price per share: $6.44; shares withheld/disposed: 4,517; reported value: $29,089.
• Footnote: Withholding was to cover taxes on 11,888 restricted share units that vested on March 5, 2026.
• Shares owned after the transaction: not specified in the filing.
• Transaction code: F = tax withholding (not an open-market sale or purchase).

Context
This was a tax-withholding event tied to RSU vesting (a common administrative transaction). The filing shows shares were withheld by the company to cover the tax bill; it is not a discretionary sale that necessarily signals the insider’s view of the stock. The vesting of 11,888 RSUs with 4,517 shares withheld implies a net delivery of the remaining units (11,888 − 4,517 = 7,371 shares) to the insider, per the disclosure.