Form 4: Hamilton Insurance Group CFO Craig Howie Reports Share Transactions
SEC Form 4 Filing
Chief Financial Officer Craig Howie of Hamilton Insurance Group, Ltd. reports the vesting of restricted stock units and subsequent share transactions.
Summary
- Craig Howie, the Chief Financial Officer of Hamilton Insurance Group, Ltd., reported transactions involving Class B Common Shares.
- On March 1, 2024, restricted stock units (RSUs) converted into 24,698 Class B Common Shares.
- Also on March 1, 2024, 10,121 RSUs from the 2022 LTIP and 14,577 RSUs from the 2023 LTIP vested.
- On January 1, 2024, 11,343 shares were retained by the issuer to cover tax withholding obligations at a value of $14.95 per share.
- Following these transactions, Howie directly owns 31,277 Class B Common Shares and 39,276 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing insider transactions, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/11/2022 | Reporting person was granted 30,364 RSUs vesting in equal installments on each of January 1, 2023, 2024 and 2025. |
| 03/10/2023 | Reporting person was granted 43,732 RSUs vesting in equal installments on each of January 1, 2024, 2025 and 2026. |
| 01/01/2024 | Shares retained by the issuer to satisfy tax withholding obligations. |
| 03/01/2024 | Restricted stock units converted into Class B Common Shares. |
| 03/05/2024 | Date of signature for the SEC filing. |
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