Dennis Francis Kerrigan, Executive Vice President of Hanover Insurance Group, Inc. (NYSE:THG), filed a Form 4 on August 21, 2026, disclosing option exercises and open-market sales of common stock on August 19 and August 20, 2026, pursuant to a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Options exercised: Kerrigan exercised 6,551 shares on August 19, 2026, and 2,104 shares on August 20, 2026, at an exercise price of $118.54 per share.
  • Shares sold: A total of 8,655 shares were sold across both days at weighted average prices ranging from approximately $220.01 to $222.97 per share.
  • Remaining ownership: Following all reported transactions, Kerrigan directly held 12,002.941 shares of common stock.
  • 10b5-1 plan: All transactions were executed pursuant to a pre-established Rule 10b5-1 trading plan adopted on May 21, 2026, according to the filing.
  • Option background: The exercised options represented the right to purchase a total of 8,655 shares, which vested one-third each on February 28, 2021, February 28, 2022, and February 28, 2023, with an expiration date of February 28, 2030.
  • Derivative securities remaining: After both exercise transactions, Kerrigan held 0 common stock options directly.

Kerrigan's Two-Day Option Exercise and Sale Transactions at Hanover Insurance

According to the Form 4 filing, Dennis Francis Kerrigan, an Executive Vice President at Hanover Insurance Group, Inc., conducted a series of transactions on August 19 and August 20, 2026. On August 19, Kerrigan exercised options covering 6,551 shares at $118.54 and subsequently sold those shares in three separate tranches: 4,822 shares at a weighted average price of $220.41 (ranging from $220.00 to $220.95), 1,505 shares at a weighted average price of $221.73 (ranging from $221.19 to $221.99), and 224 shares at a weighted average price of $222.77 (ranging from $222.76 to $222.97).

On August 20, 2026, Kerrigan exercised the remaining 2,104 options at $118.54 and sold those shares in two tranches: 400 shares at a weighted average price of $220.01 (ranging from $220.00 to $220.02) and 1,704 shares at a weighted average price of $222.97 (ranging from $222.41 to $223.41). The filing notes that all reported transactions were made pursuant to a Rule 10b5-1 trading plan adopted on May 21, 2026. The reporting person undertakes to provide full detail on shares sold at each separate price within each stated range upon request by Hanover Insurance Group, any THG security holder, or SEC staff.

After all reported transactions, Kerrigan's direct beneficial ownership stood at 12,002.941 shares of common stock, and no common stock options remained directly held, the filing disclosed.

What Was Disclosed

The filing reported two days of option exercises and common stock sales by Hanover Insurance Group Executive Vice President Dennis Francis Kerrigan, covering 8,655 shares total, all executed under a pre-established Rule 10b5-1 plan adopted May 21, 2026.