Form 4: Hanover Exec Sells Shares for Tax Obligations

Hanover Insurance Group Executive Vice President Jeffrey M. Farber disposed of 136 shares of common stock to cover tax obligations related to restricted stock unit awards.

Summary

• Jeffrey M. Farber, Executive Vice President of The Hanover Insurance Group, Inc. (THG), reported a transaction involving the company's common stock.
• On December 1, 2025, Mr. Farber disposed of 136 shares of common stock at a price of $185.91 per share.
• This disposition was a non-discretionary transaction (Code F) reflecting shares withheld from restricted stock unit awards.
• The purpose of the withholding was to cover FICA and related income tax obligations for executives eligible for retirement vesting under the terms of such awards.
• Following this transaction, Mr. Farber beneficially owns 45,855.495 shares of The Hanover Insurance Group, Inc. common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction for tax purposes, which is neutral in terms of company performance or future outlook.

Industry Context

This filing reports a routine insider transaction related to executive compensation and tax obligations, which is a common occurrence across all industries, including the insurance sector. It does not provide insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: The transaction represents a minor, non-discretionary sale of shares by an executive, with minimal impact on overall share float or market perception.
• Employees: The transaction is part of a standard executive compensation and tax withholding process, not indicative of broader employee-related changes.

Key Dates

Keywords

Hanover Insurance Group, THG, Jeffrey M. Farber, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Executive Compensation