Form 4: James River Group Holdings SVP, Chief Legal Officer Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Jeanette L. Miller, SVP, Chief Legal Officer of James River Group Holdings, reported disposing of common shares to cover tax liabilities related to vesting restricted share units.
Summary
- On March 1, 2024, Jeanette L. Miller, SVP, Chief Legal Officer of James River Group Holdings, disposed of 489 common shares at $9.8 per share to cover tax liabilities from vesting 1,425 restricted share units.
- Following this transaction, Miller directly owns 29,173 common shares.
- On March 2, 2024, Miller disposed of 1,149 common shares at $9.8 per share to cover tax liabilities from vesting 3,353 restricted share units.
- Following this transaction, Miller directly owns 28,024 common shares.
Sentiment
Score: 5
Explanation: This is a neutral report on stock disposals for tax purposes, with no inherent positive or negative implications.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Disposal of 489 common shares for tax liability related to vesting of 1,425 restricted share units. |
| 03/02/2024 | Disposal of 1,149 common shares for tax liability related to vesting of 3,353 restricted share units. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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