Form 4: SEC Form 4: Insider Transaction at James River Group
Insider Transaction Report
Todd Randell Sutherland, President of E&S Lines Segment at James River Group Holdings, Inc., reported a transaction involving the disposal of 937 common shares on May 4, 2026, primarily for tax settlement.
Summary
- Todd Randell Sutherland, an officer of James River Group Holdings, Inc. (JRVR), reported a transaction on May 4, 2026.
- The transaction involved the disposal of 937 shares of common stock.
- These shares were withheld by the company to cover tax liabilities arising from the vesting of 3,111 restricted share units.
- The disposal price was $6.13 per share.
- Following this transaction, Sutherland beneficially owns 95,293 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it represents a routine tax-related transaction by an insider rather than a strategic investment or divestment decision.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, which solely reports a past transaction.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company executives and directors. This specific filing details a common practice of share withholding for tax purposes upon vesting of equity awards.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Todd R. Sutherland granted power of attorney to Sarah C. Doran, Jeanette L. Miller, and Jennifer L. Singleton to manage his EDGAR account and execute SEC filings, including Forms 3, 4, 5, and 144, related to James River Group Holdings, Inc. securities. | April 30, 2026 | Ensures timely and compliant filing of insider transactions and other required disclosures by designated representatives. |
Stakeholder Impact
- Shareholders: The transaction is a standard tax settlement and does not inherently indicate a change in Sutherland's long-term view of the company's stock. His direct beneficial ownership remains substantial.
Key Dates
| Date | Description |
|---|---|
| 04/30/2026 | Date of Power of Attorney for Todd R. Sutherland. |
| 05/04/2026 | Earliest transaction date reported in Form 4 and date of restricted share unit vesting and tax withholding. |
| 05/05/2026 | Date of signature for the Form 4 filing. |
Keywords
SEC Form 4, Insider Transaction, James River Group Holdings, JRVR, Todd Randell Sutherland, Restricted Share Units, Tax Withholding, Beneficial Ownership
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