Form 4: James River Group Holdings Executive Richard Schmitzer Reports Stock Disposals for Tax Obligations

Richard Schmitzer, President & CEO of E&S Lines Sgmt at James River Group Holdings, reports disposals of common shares to cover tax liabilities from vesting restricted share units.

Summary

• Richard Schmitzer, a key executive at James River Group Holdings, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On March 1, 2025, he disposed of 1,545 shares at $4.95 each to cover tax liabilities related to the vesting of 4,363 restricted share units.
• An additional 4,010 shares were disposed of on the same day at $4.95 each to cover tax liabilities from the vesting of 11,393 restricted share units.
• On March 2, 2025, Schmitzer disposed of 3,144 shares at $4.95 each to cover tax liabilities related to the vesting of 10,446 restricted share units.
• Following these transactions, Schmitzer directly owns 262,496 common shares of James River Group Holdings.

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 routine disclosures required by the SEC when company insiders, like Richard Schmitzer, trade their company's stock. These filings provide transparency into insider transactions.

Key Dates