Form 4: Hartford Insurance Group EVP Amy Stepnowski Reports Stock Option Exercises and Sales
SEC Form 4 Filing
EVP Amy Stepnowski reports exercising stock options and selling shares of Hartford Insurance Group (HIG) common stock on May 5, 2025, pursuant to a pre-arranged trading plan.
Summary
- On May 5, 2025, Amy Stepnowski, EVP of Hartford Insurance Group, exercised stock options to acquire 48,690 shares of common stock.
- These options were exercised at prices of $51.87 and $69.41 per share.
- Concurrently, Ms. Stepnowski sold a total of 54,601 shares of common stock.
- The sales were executed at weighted average prices ranging from $124.66 to $126.40 per share.
- These transactions were conducted under a pre-arranged trading plan adopted on February 4, 2025, in accordance with Rule 10b5-1.
- Following these transactions, Ms. Stepnowski directly owns 23,537.892 shares of Hartford Insurance Group common stock.
- She also holds options to acquire additional shares at various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company executives, which can be of interest to investors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership structure.
Key Dates
| Date | Description |
|---|---|
| February 4, 2025 | Date of adoption of the Rule 10b5-1 trading plan |
| February 23, 2024 | Options became fully exercisable |
| February 23, 2025 | Options became fully exercisable |
| February 25, 2026 | One-third of the options will become exercisable |
| February 27, 2025 | One-third of the options became exercisable |
| February 28, 2024 | One-third of the options became exercisable |
| February 28, 2025 | One-third of the options became exercisable |
| May 5, 2025 | Date of stock option exercises and share sales |
| May 6, 2025 | Date of Form 4 filing |
Keywords
Form 4, Hartford Insurance Group, HIG, Amy Stepnowski, Stock Options, Share Sales, Rule 10b5-1, Executive Compensation, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.