Form 4: Hamilton Insurance Group Director Receives Stock Grants

Director Everard Barclay Simmons receives annual grants of restricted stock units (RSUs) from Hamilton Insurance Group.

Summary

• Everard Barclay Simmons, a director of Hamilton Insurance Group, received two grants of restricted stock units (RSUs).
• On June 13, 2024, Simmons received 8,955 RSUs, based on a target grant value of $150,000 and a share price of $16.75.
• On May 15, 2025, Simmons received 7,187 RSUs, based on a target grant value of $150,000 and a share price of $20.87.
• The RSUs cliff vest on the earlier of the one-year anniversary of the grant date or the date of the subsequent annual general meeting.

Sentiment

Score: 7

Explanation: The document reflects a standard compensation practice, indicating stability and alignment of interests. It's a neutral positive.

Positives

• The grants of RSUs align the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the director.

Future Outlook

The director's holdings will increase as the RSUs vest, further aligning their interests with shareholders.

Industry Context

Granting stock options and RSUs to directors is a common practice in the insurance industry to incentivize and retain talent.

Comparison to Industry Standards

• Director compensation packages, including RSUs, are common in the insurance industry.
• Companies like Chubb, AIG, and Travelers also utilize equity-based compensation for their directors.

Stakeholder Impact

• Shareholders may view the RSU grants positively as they align director interests with company performance.
• The director benefits from the potential appreciation of the company's stock.

Key Dates

Keywords

RSU, Hamilton Insurance Group, Director Compensation, Stock Grant, Everard Barclay Simmons, Beneficial Ownership