Form 4: White Mountains Insurance Group Director Receives Annual Share Award

Director Peter M. Carlson acquired 165 common shares of White Mountains Insurance Group, Ltd. on May 23, 2024, as an annual director share award.

Summary

• On May 23, 2024, Peter M. Carlson, a director of White Mountains Insurance Group, Ltd., acquired 165 common shares.
• The acquisition was an annual director share award.
• The price per share was $0.
• Following the transaction, Carlson directly owns 1,133 common shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects a standard director compensation practice, indicating alignment of interests.

Positives

• The director's share award reflects a continued alignment of interests between the director and the company's shareholders.

Industry Context

Director share awards are a common practice in the insurance industry to incentivize and align the interests of board members with those of the shareholders.

Comparison to Industry Standards

• Director compensation packages, including share awards, vary across the insurance industry depending on company size, performance, and governance practices.
• Companies like Berkshire Hathaway and Markel also utilize equity-based compensation for their directors.

Stakeholder Impact

• The share award aligns the director's interests with those of the shareholders.

Key Dates