Form 4: James River Group Holdings Officer Michael Crow Reports Stock Disposals for Tax Obligations

Michael Crow, Principal Accounting Officer of James River Group Holdings, reports disposing of shares to cover tax liabilities related to vesting restricted share units.

Summary

• On March 1, 2024, Michael Crow, Principal Accounting Officer of James River Group Holdings, disposed of 1,127 common shares at a price of $9.8 per share to cover tax liabilities related to the vesting of 3,289 restricted share units.
• Following this transaction, Crow directly owns 64,864 common shares.
• On March 2, 2024, Crow disposed of 1,293 common shares at a price of $9.8 per share to cover tax liabilities related to the vesting of 3,869 restricted share units.
• Following this transaction, Crow directly owns 63,571 common shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects routine transactions related to tax obligations from vesting shares, which is a normal part of executive compensation. There is no indication of positive or negative performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade in their company's stock; this filing indicates routine transactions related to compensation.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to tax obligations of an officer and do not indicate a change in the company's fundamentals.

Key Dates