Form 4 for HG Hamilton Insurance Group, Ltd.
Accepted 2025-02-28 00:00:00 ET · period of report 2025-02-26 · accession 0001593275-25-000052 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2025-02-28 | 2025-02-26 | HG | Krishnamoorthy Venkatanarayanan | Group CTO, Group CDO | A - Grant | $0.00 | +18.0K | 78.6K | +30% | $0 |
| 2025-02-28 | 2025-02-26 | HG | Krishnamoorthy Venkatanarayanan | Group CTO, Group CDO | F - Tax | $18.41 | -2,194 | 76.4K | -3% | -$40.4K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Shares | 2025-02-26 | A | A | 7,320 | $0.00 | 67,921 | D | — | — | (F1) The reported transaction involved the reporting person's receipt of a grant of 7,320 restricted stock units ("RSUs") under the Hamilton Insurance Group, Ltd. ("HG") Equity Incentive Plan which vest one third per year on March 1, 2026, 2027 and 2028 respectively. Each RSU represents a contingent right to receive one share of HG Class B Common Shares upon vesting. The total reported in Column 5 includes the 7,320 newly awarded and unvested RSUs, 37,501 unvested RSUs previously reported in Table I and Table II and 23,100 Common Shares. |
| 2 | Common | Class B Common Shares | 2025-02-26 | F | D | 2,194 | $18.41 | 76,395 | D | — | — | (F3) Represents shares retained by the issuer to satisfy tax withholding obligations upon vesting of PSUs. (F4) Represents the value of the shares on the vesting date which was used to determine the number of shares to be retained by the issuer to satisfy the tax withholding obligations. |
| 3 | Common | Class B Common Shares | 2025-02-26 | A | A | 10,668 | $0.00 | 78,589 | D | — | — | (F2) Represents shares acquired upon the certification by HG for the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") previously granted to the reporting person under the terms of the HG Equity Incentive Plan. The reporting person's PSUs are earned based on the HG annualized underwriting return on capital for the 3-year performance period ending on December 31, 2024. HG confirmed the annualized underwriting return on capital for the 3-year performance period ending on December 31, 2024, was 6.1%, resulting in a performance payout at 146.4% of target. |