Form 4: James River Group CFO Sarah C. Doran Reports Stock Disposals for Tax Obligations

Sarah C. Doran, CFO of James River Group Holdings, reports disposals of common shares to cover tax liabilities related to vesting restricted share units.

Summary

• On March 1, 2025, Sarah C. Doran, CFO of James River Group Holdings, Ltd., disposed of 1,256 common shares at $4.95 to cover tax liabilities from vesting of 3,692 restricted share units.
• An additional 3,308 common shares were disposed of on the same day at $4.95 to cover tax liabilities from vesting of 9,727 restricted share units.
• On March 2, 2025, 2,783 common shares were disposed of at $4.95 to cover tax liabilities from vesting of 9,598 restricted share units.
• Following these transactions, Doran directly owns 95,922 common shares and indirectly owns 9,000 common shares through a family trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like the CFO, trade their company's stock; this provides transparency to the market.

Stakeholder Impact

• The disposal of shares by the CFO could have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small number of shares involved.

Key Dates