Form 4: Hartford Insurance Group EVP Stepnowski Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Amy Stepnowski, EVP of Hartford Insurance Group, disposed of shares to cover tax withholding obligations arising from performance share certification.
Summary
- On February 21, 2025, Amy Stepnowski, EVP of Hartford Insurance Group, disposed of 5,087 shares of common stock at a price of $112.82 per share to cover tax withholding obligations.
- Following the transaction, Stepnowski directly owns 29,498.892 shares of Hartford Insurance Group common stock.
- Stepnowski also holds stock options for various amounts of common stock at exercise prices ranging from $51.87 to $95.74, which become exercisable on different dates.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction related to executive compensation and tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies, often related to compensation and tax obligations. These transactions are closely monitored by investors for insights into executive sentiment and company performance.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Options for 28,562 shares at $51.87 became fully exercisable. |
| 02/28/2024 | One-third of options for 26,079 shares at $78.28 became exercisable. |
| 02/23/2025 | Options for 30,193 shares at $69.41 became fully exercisable. |
| 02/21/2025 | Stepnowski disposed of 5,087 shares at $112.82 to cover tax obligations. |
| 02/27/2025 | One-third of options for 13,582 shares at $95.74 will become exercisable. |
| 02/28/2025 | An additional one-third of options for 26,079 shares at $78.28 will become exercisable. |
| 02/27/2026 | An additional one-third of options for 13,582 shares at $95.74 will become exercisable. |
| 02/28/2026 | The remaining one-third of options for 26,079 shares at $78.28 will become exercisable. |
| 02/27/2027 | The remaining one-third of options for 13,582 shares at $95.74 will become exercisable. |
| 02/23/2031 | Expiration date for options of 28,562 shares at $51.87. |
| 02/23/2032 | Expiration date for options of 30,193 shares at $69.41. |
| 02/28/2033 | Expiration date for options of 26,079 shares at $78.28. |
| 02/27/2034 | Expiration date for options of 13,582 shares at $95.74. |
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