Form 4: Hartford Financial Services Group SVP & Controller Reports Stock Transactions
SEC Form 4 Filing
Allison G. Niderno, SVP & Controller of Hartford Financial Services Group, reports the disposition of shares to cover tax obligations and holdings in the company's 401(k) plan.
Summary
- Allison G. Niderno, a Senior Vice President & Controller at Hartford Financial Services Group, filed a Form 4 detailing changes in beneficial ownership.
- On February 26, 2024, Niderno disposed of 460 shares of common stock at a price of $95.88 per share to satisfy tax withholding obligations related to restricted stock units.
- Following the transaction, Niderno directly owns 2,146.016 shares of common stock.
- Niderno also indirectly owns 538.1844 shares of common stock through The Hartford Stock Fund within the company's 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It reflects routine transactions related to executive compensation and tax obligations.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on the market.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of stock transaction (disposal of shares for tax withholding). |
| 02/28/2024 | Date of signature by Attorney-in-Fact. |
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