Bryan J. Salvatore - 03 Mar 2025 Form 4 Insider Report for HANOVER INSURANCE GROUP, INC. (THG)

Role
Executive Vice President
Signature
/s/ Lindsay L. Katz pursuant to Confirming Statement
Issuer symbol
THG
Transactions as of
03 Mar 2025
Net transactions value
-$944,294
Form type
4
Filing time
04 Mar 2025, 16:27:45 UTC
Previous filing
03 Mar 2025
Next filing
01 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THG Common Stock Options Exercise $867,237 +10,526 +41% $82.39 36,362 03 Mar 2025 Direct F1
transaction THG Common Stock Sale $256,245 -1,500 -4.1% $170.83 34,862 03 Mar 2025 Direct F1, F2
transaction THG Common Stock Sale $686,065 -3,992 -11% $171.86 30,870 03 Mar 2025 Direct F1, F3
transaction THG Common Stock Sale $869,221 -5,034 -16% $172.67 25,836 03 Mar 2025 Direct F1, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction THG Common Stock Option (right to buy) Options Exercise $0 -10,526 -50% $0.000000 10,526 03 Mar 2025 Common Stock 10,526 $82.39 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Exercise of options scheduled to expire in June 2027 and resulting sale of shares reported were effected pursuant to a pre-established Rule 10b5-1 Trading Plan adopted on November 27, 2024.
F2 The price reported in Column 4 is a weighted average price. The shares were sold at multiple prices ranging from $170.33 to $171.33. The Reporting Person undertakes to provide The Hanover Insurance Group, Inc. ("THG"), any security holder of THG, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3 The price reported in Column 4 is a weighted average price. The shares were sold at multiple prices ranging from $171.35 to $172.35. The Reporting Person undertakes to provide THG, any security holder of THG, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F4 The price reported in Column 4 is a weighted average price. The shares were sold at multiple prices ranging from $172.36 to $173.12. The Reporting Person undertakes to provide THG, any security holder of THG, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F5 The option, representing the right to purchase a total of 21,052 shares, vested 1/3 on each of 6/12/2018, 6/12/2019 and 6/12/2020.