Christopher Swift - 17 Jan 2024 Form 4 Insider Report for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
19 Jan 2024, 16:26:02 UTC
Prior SEC filing
16 Jan 2024
Next SEC filing
23 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Anthony J. Salerno, Jr., Attorney-in-Fact

Key filing fact

Christopher Swift filed Form 4 for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG) on 19 Jan 2024.

Key facts

  • This page summarizes Christopher Swift's Form 4 filing for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG).
  • 6 reported transactions and 10 derivative rows are listed below.
  • Accepted by SEC: 19 Jan 2024, 16:26.

Change

  • Previous filing in this sequence was filed on 16 Jan 2024.
  • Current net transaction value: -$2,011,992.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HIG transaction

Common Stock

Options Exercise

Transaction value
$191,111
Shares
+4,633
Change %
+2.7%
Price
$41.25
Shares after
174,813
Date
17 Jan 2024
Ownership
Direct
HIG transaction

Common Stock

Sale

Transaction value
$384,827
Shares
-4,633
Change %
-2.7%
Price
$83.06
Shares after
170,180
Date
17 Jan 2024
Ownership
Direct
Footnotes
F1, F2
HIG transaction

Common Stock

Options Exercise

Transaction value
$1,796,479
Shares
+43,551
Change %
+26%
Price
$41.25
Shares after
213,731
Date
18 Jan 2024
Ownership
Direct
HIG transaction

Common Stock

Sale

Transaction value
$3,614,755
Shares
-43,551
Change %
-20%
Price
$83.00
Shares after
170,180
Date
18 Jan 2024
Ownership
Direct
Footnotes
F1, F3
HIG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
15,503
Date
17 Jan 2024
Ownership
By Spouse
HIG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
95,386
Date
17 Jan 2024
Ownership
Swift Family Gift Trust
HIG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
60,865
Date
17 Jan 2024
Ownership
Swift Family Legacy Trust

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HIG transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-4,633
Change %
-2.4%
Price
$0.000000
Shares after
190,998
Date
17 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,633
Exercise price
$41.25
Footnotes
F4
HIG transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-43,551
Change %
-23%
Price
$0.000000
Shares after
147,447
Date
18 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
43,551
Exercise price
$41.25
Footnotes
F4
HIG holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
294,481
Date
17 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
294,481
Exercise price
$43.59
Footnotes
F5
HIG holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
302,908
Date
17 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
302,908
Exercise price
$48.89
Footnotes
F6
HIG holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
352,263
Date
17 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
352,263
Exercise price
$49.01
Footnotes
F7
HIG holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
310,820
Date
17 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
310,820
Exercise price
$51.87
Footnotes
F8
HIG holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
284,819
Date
17 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
284,819
Exercise price
$53.81
Footnotes
F9
HIG holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
327,679
Date
17 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
327,679
Exercise price
$55.27
Footnotes
F10
HIG holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
301,932
Date
17 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
301,932
Exercise price
$69.41
Footnotes
F11
HIG holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
248,933
Date
17 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
248,933
Exercise price
$78.28
Footnotes
F12
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 12 footnotes

Footnote F1

The transaction reported on this Form 4 was effected pursuant to a trading plan previously adopted by Mr. Swift on September 15, 2023, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The exercised options were granted to Mr. Swift in 2015 and scheduled to expire on March 3, 2025.

Footnote F2

Price reflected is the weighted average sale price for shares sold. The range of sales prices for the transactions reported was $83.00 - $83.18 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Footnote F3

Price reflected is the weighted average sale price for shares sold. The range of sales prices for the transactions reported was $83.00 - $83.015 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Footnote F4

The options became fully exercisable on March 3, 2018, the third anniversary of the grant date.

Footnote F5

The options became fully exercisable on March 1, 2019, the third anniversary of the grant date.

Footnote F6

The options became fully exercisable on February 28, 2020, the third anniversary of the grant date.

Footnote F7

The options became fully exercisable on February 26, 2022, the third anniversary of the grant date.

Footnote F8

One-third of the options became exercisable on February 23, 2022, an additional one-third of the options became exercisable on February 23, 2023 and the remaining one-third of the options will become exercisable on February 23, 2024, the third anniversary of the grant date.

Footnote F9

The options became fully exercisable on February 27, 2021, the third anniversary of the grant date.

Footnote F10

The options became fully exercisable on February 25, 2023, the third anniversary of the grant date.

Footnote F11

One-third of the options became exercisable on February 23, 2023, an additional one-third of the options will become exercisable on February 23, 2024 and the remaining one-third of the options will become exercisable on February 23, 2025, the third anniversary of the grant date.

Footnote F12

One-third of the options will become exercisable on February 28, 2024, an additional one-third of the options will become exercisable on February 28, 2025 and the remaining one-third of the options will become exercisable on February 28, 2026, the third anniversary of the grant date.

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