Adin M. Tooker - 15 Nov 2024 Form 4 Insider Report for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG)

Role
EVP
Signature
Anthony J. Salerno, Jr., Attorney-in-Fact
Issuer symbol
HIG
Transactions as of
15 Nov 2024
Net transactions value
-$504,233
Form type
4
Filing time
19 Nov 2024, 16:06:31 UTC
Previous filing
04 Mar 2024
Next filing
20 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIG Common Stock Options Exercise $299,245 +6,865 +27% $43.59 32,685 15 Nov 2024 Direct
transaction HIG Common Stock Sale $35,283 -300 -0.92% $117.61 32,385 15 Nov 2024 Direct F1
transaction HIG Common Stock Sale $768,196 -6,565 -20% $117.01 25,820 15 Nov 2024 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HIG Stock Option Options Exercise $0 -6,865 -33% $0.000000 13,728 15 Nov 2024 Common Stock 6,865 $43.59 Direct F3
holding HIG Stock Option 20,194 15 Nov 2024 Common Stock 20,194 $48.89 Direct F4
holding HIG Stock Option 26,687 15 Nov 2024 Common Stock 26,687 $49.01 Direct F5
holding HIG Stock Option 25,202 15 Nov 2024 Common Stock 25,202 $51.87 Direct F6
holding HIG Stock Option 24,922 15 Nov 2024 Common Stock 24,922 $53.81 Direct F7
holding HIG Stock Option 24,094 15 Nov 2024 Common Stock 24,094 $55.27 Direct F8
holding HIG Stock Option 24,155 15 Nov 2024 Common Stock 24,155 $69.41 Direct F9
holding HIG Stock Option 24,301 15 Nov 2024 Common Stock 24,301 $78.28 Direct F10
holding HIG Stock Option 16,492 15 Nov 2024 Common Stock 16,492 $95.74 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported on this Form 4 was effected pursuant to a trading plan previously adopted by Mr. Tooker on August 14, 2024, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2 Price reflected is the weighted average sale price for shares sold. The range of sales prices for the transactions reported was $116.60-$117.56 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.
F3 The options became fully exercisable on March 1, 2019, the third anniversary of the grant date.
F4 The options became fully exercisable on February 28, 2020, the third anniversary of the grant date.
F5 The options became fully exercisable on February 26, 2022, the third anniversary of the grant date.
F6 The options became fully exercisable on February 23, 2024, the third anniversary of the grant date.
F7 The options became fully exercisable on February 27, 2021, the third anniversary of the grant date.
F8 The options became fully exercisable on February 25, 2023, the third anniversary of the grant date.
F9 One-third of the options became exercisable on February 23, 2023, an additional one-third of the options became 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.
F10 One-third of the options became 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.
F11 One-third of the options will become exercisable on February 27, 2025, an additional one-third of the options will become exercisable on February 27, 2026 and the remaining one-third of the options will become exercisable on February 27, 2027, the third anniversary of the grant date.