David C. Robinson - 20 Feb 2024 Form 4 Insider Report for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
22 Feb 2024, 17:11:14 UTC
Prior SEC filing
08 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Anthony J. Salerno, Jr., Attorney-in-Fact

Key filing fact

David C. Robinson filed Form 4 for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG) on 22 Feb 2024.

Key facts

  • This page summarizes David C. Robinson's Form 4 filing for HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG).
  • 4 reported transactions and 9 derivative rows are listed below.
  • Accepted by SEC: 22 Feb 2024, 17:11.

Change

  • Previous filing in this sequence was filed on 08 Feb 2024.
  • Current net transaction value: -$1,287,092.

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
$0
Shares
+29,727
Change %
+362%
Price
$0.000000
Shares after
37,928
Date
20 Feb 2024
Ownership
Direct
Footnotes
F1
HIG transaction

Common Stock

Tax liability

Transaction value
$1,287,092
Shares
-13,776
Change %
-36%
Price
$93.43
Shares after
24,152
Date
21 Feb 2024
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

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

HIG transaction Derivative

Performance Shares

Award

Transaction value
$0
Shares
+29,727
Change %
Price
$0.000000
Shares after
29,727
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
29,727
Exercise price
Footnotes
F1
HIG transaction Derivative

Performance Shares

Options Exercise

Transaction value
$0
Shares
-29,727
Change %
-100%
Price
$0.000000*
Shares after
0
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
29,727
Exercise price
Footnotes
F1
HIG holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
25,388
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
25,388
Exercise price
$48.89
Footnotes
F4
HIG holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
53,373
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
53,373
Exercise price
$49.01
Footnotes
F5
HIG holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
48,723
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
48,723
Exercise price
$51.87
Footnotes
F6
HIG holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
39,163
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
39,163
Exercise price
$53.81
Footnotes
F7
HIG holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
50,116
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
50,116
Exercise price
$55.27
Footnotes
F8
HIG holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
60,386
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
60,386
Exercise price
$69.41
Footnotes
F9
HIG holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
42,674
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
42,674
Exercise price
$78.28
Footnotes
F10
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 10 footnotes

Footnote F1

On February 20, 2024, the Company's Compensation and Management Development Committee certified a performance share payout based on the level of the Company's performance relative to pre-established objectives for the January 1, 2021 through December 31, 2023 performance period. The performance shares were paid in shares of the Company's common stock.

Footnote F2

Transaction involving a disposition to the Company of equity securities to cover tax withholding obligations arising from the performance share certification reported on this Form 4, in accordance with the Company's administrative rules.

Footnote F3

The closing price of the Company's common stock on February 20, 2024, the day of certification.

Footnote F4

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

Footnote F5

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

Footnote F6

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 F7

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

Footnote F8

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

Footnote F9

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 F10

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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