---
schema_version: "secwatch.filing_event.v1"
accession: "0001620459-24-000026"
form_type: "8-K"
ticker: "JRVR"
cik: "0001620459"
company_name: "James River Group Holdings, Inc."
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T04:45:08.927658+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# James River board increases 2023 STI payouts for executives, adjusts RSU treatment for Heinlein due to JRG Re sale

## Summary
- Board approved discretionary increase to STI payouts, adjusting for strategic activities including sale of renewal rights, JRG Re transaction, and strategic alternatives.
- CEO Frank D'Orazio receives $773,300 (80% of target); CFO Sarah Doran receives $457,600 (80% of target).
- Other named executives: Schmitzer $556,063 (83%), Heinlein $269,556 (71.7%), Hoffmann $265,200 (80%), McCafferty $385,325 (88.7%, pro-rated).
- Board waived service requirements for Heinlein's unvested RSUs; Service-Based RSUs cashed out, Performance-Based RSUs settled pro-rata based on actual performance.

## SEC filing metadata
- accession: 0001620459-24-000026
- form_type: 8-K
- ticker: JRVR
- cik: 0001620459
- company_name: James River Group Holdings, Inc.
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1620459/000162045924000026/0001620459-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1620459/000162045924000026/jrvr-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001620459-24-000026
- JSON: https://secwatch.observer/filing/0001620459-24-000026.json
- Plain text: https://secwatch.observer/filing/0001620459-24-000026.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.