4/A: Hamilton Insurance Group Executive Corrects Stock Transaction Reporting
SEC Filing Amendment
Jonathan B. Levenson, Group Treasurer at Hamilton Insurance Group, files an amended Form 4/A to correct errors in a previous report regarding shares withheld for tax purposes and an overstatement of restricted stock units granted.
Summary
- Jonathan B. Levenson, Group Treasurer of Hamilton Insurance Group, filed an amended Form 4/A on March 26, 2025, to correct inaccuracies in a previous Form 4 filed on March 4, 2025.
- The amendment addresses an incorrect statement of shares withheld for tax purposes and an overstatement of restricted stock units granted.
- The corrected amount of shares withheld for tax obligations is reflected in Column 4 of the amended form.
- The value of the shares on the vesting date, $19.56, was used to determine the number of shares retained by the issuer to satisfy tax withholding obligations.
- Following the reported transaction, Levenson beneficially owns 48,443 Class B Common Shares, including common shares and restricted stock units.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating a neutral sentiment. The correction ensures compliance and transparency, which is viewed positively.
Negatives
- The initial Form 4 contained errors regarding the amount of shares withheld for tax purposes and an overstatement of restricted stock units granted.
Industry Context
Form 4 filings are a routine part of insider trading regulations, ensuring transparency in stock transactions by company executives.
Stakeholder Impact
- Shareholders benefit from accurate and transparent reporting of insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction where shares were withheld for tax purposes. |
| 03/04/2025 | Date of original Form 4 filing containing errors. |
| 03/26/2025 | Date of amended Form 4/A filing to correct errors. |
Keywords
Form 4/A, Hamilton Insurance Group, Jonathan B. Levenson, SEC filing, Beneficial ownership, Tax withholding, Restricted stock units, Amendment
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