Form 4: Hanover Insurance Group Executive Reports RSU Grant for Dividend Equivalent Rights

Hanover Insurance Group's Executive Vice President, Denise Lowsley, reported the acquisition of 12.212 shares of common stock through a restricted stock unit grant related to dividend equivalent rights under the company's 2022 Long-Term Incentive Plan.

Summary

• Denise Lowsley, Executive Vice President of Hanover Insurance Group, Inc. (THG), reported a transaction on June 27, 2025.
• The transaction involved the acquisition of 12.212 shares of common stock.
• The shares were acquired at a price of $0 per share, indicating a grant rather than a purchase.
• This acquisition is a grant of restricted stock units (RSUs) under the Issuer's 2022 Long-Term Incentive Plan (2022 LTIP).
• The grant is specifically in connection with the accrual of dividend equivalent rights associated with RSUs previously granted under the 2022 LTIP.
• These newly granted RSUs are set to vest on the third anniversary of the date of grant of the original underlying RSUs.
• Following this transaction, Denise Lowsley beneficially owns 5,046.028 shares of common stock.

Sentiment

Score: 7

Explanation: The filing indicates an executive's acquisition of shares through a restricted stock unit grant, which is a positive sign of alignment between management and shareholder interests, and a standard component of executive compensation.

Positives

• Executive Denise Lowsley received an additional 12.212 shares of common stock through a restricted stock unit grant, aligning her interests with shareholders.
• The grant is part of the company's 2022 Long-Term Incentive Plan, indicating a structured approach to executive compensation and retention.
• The acquisition is related to dividend equivalent rights, suggesting the company is maintaining its commitment to shareholder returns through dividends.

Negatives

• No explicit negative information is contained in this Form 4 filing.

Risks

• No specific risks are detailed in this Form 4 filing, as it primarily reports insider transactions.

Future Outlook

This Form 4 filing does not provide a general future outlook for the company, focusing solely on an insider transaction.

Management Comments

• No direct management comments or quotes are provided in this Form 4 filing.

Industry Context

This Form 4 filing details an individual insider transaction and does not provide broader industry context or trends.

Comparison to Industry Standards

• This Form 4 filing does not contain information suitable for comparison to industry standards or global benchmarks, as it is a routine insider transaction report.

Management Changes

Corporate Governance

Legal Proceedings

• No legal proceedings or regulatory matters are reported in this Form 4 filing.

Related Party Transactions

• The grant of restricted stock units to an executive is a standard compensation practice and is disclosed as a transaction between the company and a related party (executive).

Stakeholder Impact

• Shareholders: The grant of RSUs to an executive aligns management's interests with shareholders, as the value of the RSUs is tied to the company's stock performance and dividend accrual.
• Employees: This filing specifically relates to executive compensation and does not directly impact the broader employee base.

Next Steps

• The acquired restricted stock units will vest on the third anniversary of the date of grant of the original underlying RSUs.

Key Dates

Keywords

Hanover Insurance Group, THG, Form 4, insider transaction, restricted stock units, RSU, dividend equivalent rights, executive compensation, long-term incentive plan