Form 4: Hanover Insurance Executive Acquires RSUs

Richard W. Lavey, Executive Vice President at The Hanover Insurance Group, Inc., acquired restricted stock units (RSUs) on June 26, 2026, related to dividend equivalent rights.

Summary

• Richard W. Lavey, Executive Vice President at The Hanover Insurance Group, Inc. (THG), acquired restricted stock units (RSUs) on June 26, 2026.
• The acquisition was made under the Issuer's 2022 Long-Term Incentive Plan (2022 LTIP).
• These RSUs are in connection with the accrual of dividend equivalent rights associated with previously granted RSUs.
• The acquired RSUs vest on the third anniversary of the original RSU grant date.
• Following the transaction, Mr. Lavey beneficially owns 34,446.623 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine insider transaction related to executive compensation and not a significant change in beneficial ownership or a new strategic initiative.

Positives

• Executive Vice President Richard W. Lavey continues to hold equity in the company through the acquisition of RSUs.
• The acquisition is tied to dividend equivalent rights, suggesting a positive performance or dividend payout history for the company.

Future Outlook

The RSUs vest on the third anniversary of the original grant date, indicating a future vesting event for these securities.

Industry Context

StockSavvy.ai notes that insider transactions, such as the acquisition of RSUs by executives, are common in the insurance industry as a means of executive compensation and aligning management interests with shareholders. This type of transaction is standard for companies with long-term incentive plans.

Stakeholder Impact

• Shareholders: The transaction reflects a standard component of executive compensation, which can influence shareholder perception of management alignment and long-term incentives.

Next Steps

• The RSUs will vest on the third anniversary of the original grant date of the underlying RSUs.

Key Dates

Keywords

Form 4, SEC Filing, Insider Transaction, Restricted Stock Units, RSUs, Dividend Equivalent Rights, The Hanover Insurance Group, THG, Executive Compensation, Equity Award