Richard W. Lavey, Executive Vice President at The Hanover Insurance Group (THG), has demonstrated a clear selling bias in his recent insider transactions, with no open-market purchases recorded in the past two years. Since February 2026, Lavey has executed six sales totaling $5.47 million, including a $581,628 disposition on February 27, 2026, and multiple transactions on February 5, 2026, ranging from $49,953 to $1.61 million. These sales were partially offset by a single $1.36 million acquisition through derivative securities (code M) on the same February 5 date. Prior activity shows a similar pattern, including a $326,906 derivative transaction (code F) in February 2025. The filings indicate Lavey’s transactions are concentrated solely in THG, with all recent activity involving awards, gifts, or sales rather than discretionary buys. The absence of any recent open-market purchases, coupled with the multi-million-dollar divestments, suggests a consistent reduction in his THG position over time. Notably, several filings with zero dollar values (code A) appear to reflect administrative adjustments rather than material transactions.
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