Frederick H. Eppinger, CEO of the Worcester-based Hanover Insurance Group Inc., will exercise as many as 100,000 options to buy and sell the company’s common stock.
The plan covers stock options granted to Eppinger in August of 2003 when he was hired by Hanover. According to the company, Eppinger’s transactions should begin Nov. 1. The option plan expires a year after Eppinger’s first transaction.
The plan allowed Eppinger to pre-arrange for the purchase and sale of company stock.
