Form 4: James River Group Holdings Director Thomas Lynn Brown Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Thomas Lynn Brown reports acquisition and disposal of James River Group Holdings common shares related to restricted share units.
Summary
- On March 1, 2024, Director Thomas Lynn Brown acquired 5,102 common shares of James River Group Holdings, Ltd. through a grant of restricted share units.
- These restricted share units were granted under the company's 2014 Non-Employee Director Incentive Plan, as amended, and will vest on March 1, 2025.
- On the same day, Brown disposed of 5,102 common shares.
- Following these transactions, Brown beneficially owns 16,554 common shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock ownership, indicating a neutral sentiment.
Future Outlook
The restricted share units will vest on March 1, 2025.
Industry Context
This filing is a routine disclosure related to director compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- Shareholders are informed about the equity compensation of a director.
- The filing provides transparency regarding the director's alignment with shareholder interests through equity ownership.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: acquisition and disposal of common shares. |
| 03/01/2025 | Vesting date for the restricted share units. |
| 03/04/2024 | Date of signature for the report. |
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