Form 4: Hartford Insurance Group Executive Vice President Soni Deepa Reports Stock Transaction
SEC Form 4 Filing
Executive Vice President Deepa Soni reports disposition of shares to cover tax obligations and updates on stock option holdings.
Summary
- Deepa Soni, an Executive Vice President at Hartford Insurance Group, filed a Form 4 detailing changes in beneficial ownership of company stock.
- On February 21, 2025, Soni disposed of 6,671 shares of common stock at $112.82 per share to cover tax withholding obligations related to a performance share certification.
- Following the transaction, Soni directly owns 38,006.423 shares of Hartford Insurance Group common stock.
- The filing also provides updates on Soni's holdings of stock options with various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions for tax purposes and option vesting, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that an executive is managing their equity compensation and tax obligations.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the disposition of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | One-third of options exercisable at $78.28 became exercisable. |
| 02/20/2025 | Performance share certification reported on Form 4. |
| 02/21/2025 | Disposition of 6,671 shares to cover tax obligations. |
| 02/23/2025 | Options exercisable at $69.41 became fully exercisable. |
| 02/24/2025 | Date of Form 4 filing. |
| 02/27/2025 | One-third of options exercisable at $95.74 will become exercisable. |
| 02/28/2025 | An additional one-third of options exercisable at $78.28 will become exercisable. |
| 02/27/2026 | An additional one-third of options exercisable at $95.74 will become exercisable. |
| 02/28/2026 | The remaining one-third of options exercisable at $78.28 will become exercisable. |
| 02/27/2027 | The remaining one-third of options exercisable at $95.74 will become exercisable. |
| 02/23/2032 | Expiration date for options exercisable at $69.41. |
| 02/28/2033 | Expiration date for options exercisable at $78.28. |
| 02/27/2034 | Expiration date for options exercisable at $95.74. |
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