Form 4: Hanover Insurance EVP Sells Shares for Tax

Dennis Francis Kerrigan, Executive Vice President at Hanover Insurance Group, disposed of 150 common shares to cover tax obligations.

Summary

• Dennis Francis Kerrigan, Executive Vice President of Hanover Insurance Group, Inc. (THG), reported a transaction involving company common stock.
• On December 1, 2025, 150 shares of Common Stock were disposed of at a price of $185.91 per share.
• This disposition reflects shares withheld from restricted stock unit awards to cover FICA and related income tax obligations.
• The transaction applies to executives eligible for retirement vesting under the terms of such awards.
• Following this transaction, Mr. Kerrigan beneficially owns 9,740.273 shares of Common Stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale of shares to cover tax obligations related to executive compensation. It does not reflect a change in management's confidence or the company's operational performance, thus having a neutral sentiment.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes, not a signal of management's view on the company's future performance.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary sale of shares by an executive to cover tax obligations associated with restricted stock unit vesting. Such transactions are common and do not typically signal a change in the company's fundamentals or management's outlook. Therefore, it does not provide new information that would warrant a change in investment recommendation; a 'hold' stance is maintained based solely on this filing.

Keywords

Hanover Insurance Group, THG, Insider Transaction, Form 4, Executive Stock Sale, Restricted Stock Units, Tax Withholding, Dennis Francis Kerrigan