EVP Richard Lavey sold 24,420 shares at blended average $178.92, reducing stake by 44.2% to 30,773 shares remaining
Hanover Insurance EVP Richard Lavey executed 6 separate sales totaling 24,420 shares for $4,369,156.01 on 2026-02-05, reducing his shareholding by 44.2% from 55,193 to 30,773 shares. The transaction prices ranged from $178.05 to $179.83, with a blended average of $178.92, occurring when the stock is -5.5% from its 52-week high of $186.22. His cross-ticker track record shows prior sells averaged +13.2% returns over 90 days with a 0.00% well-timed rate, indicating his past sells have been poorly timed as the stock subsequently rose. At the same ticker (THG), his 4 prior sells in August 2024 all generated positive 90-day returns (ranging 12.2% to 14.1%), again reflecting poorly-timed execution with no instances where the stock declined after his sales. This large reduction in holdings occurs amid fundamentals showing a P/E of 9.91 with 4.1% annual revenue growth and $178.7M in quarterly net income on $1.7B revenue.