4/A: Hamilton Insurance Group Executive Corrects Stock Grant Details in Amended SEC Filing
SEC Filing Amendment
Brian John Deegan, Group Chief Accounting Officer at Hamilton Insurance Group, files an amendment to a previous Form 4 to correct the number of restricted stock units (RSUs) granted.
Summary
- Brian John Deegan, Group Chief Accounting Officer of Hamilton Insurance Group, filed an amended Form 4/A with the SEC.
- The amendment corrects an error in the original Form 4 filed on February 28, 2025, regarding the number of restricted stock units (RSUs) granted to Deegan under the Hamilton Insurance Group, Ltd. Equity Incentive Plan.
- The original filing incorrectly stated the grant as 13,689 RSUs, while the corrected transaction involved a grant of 15,970 RSUs.
- These RSUs vest in three equal installments on March 1, 2026, 2027, and 2028.
- Each RSU represents a contingent right to receive one share of HG Class B Common Shares upon vesting.
- As of the filing date of this amendment, Deegan beneficially owns 71,088 common shares and restricted stock units.
Sentiment
Score: 7
Explanation: The document is a routine correction of an SEC filing, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it reflects a commitment to accuracy and transparency.
Positives
- The correction of the initial filing ensures transparency and accurate reporting of executive compensation.
Industry Context
This filing is a routine part of executive compensation reporting and is common across publicly traded companies. It ensures transparency in equity-based compensation.
Stakeholder Impact
- The correction ensures shareholders have accurate information regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of the transaction involving the grant of restricted stock units. |
| 02/28/2025 | Date of the original Form 4 filing containing the incorrect information. |
| 03/01/2026 | First vesting date for one-third of the granted RSUs. |
| 03/01/2027 | Second vesting date for one-third of the granted RSUs. |
| 03/01/2028 | Final vesting date for one-third of the granted RSUs. |
| 03/26/2025 | Date of the amended Form 4/A filing. |
Keywords
Form 4/A, amendment, restricted stock units, RSUs, Hamilton Insurance Group, executive compensation, beneficial ownership, SEC filing
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.