Form 4: Hartford Insurance Group SVP & Controller Reports Stock Transactions
SEC Form 4 Filing
Allison G. Niderno, SVP & Controller of Hartford Insurance Group, reports disposition of shares to cover tax obligations and updates holdings in the company's 401(k) plan.
Summary
- Allison G. Niderno, SVP & Controller of Hartford Insurance Group, filed a Form 4 detailing changes in beneficial ownership.
- On February 21, 2025, Niderno disposed of 227 shares of common stock at $112.82 per share to cover tax withholding obligations.
- Following the transaction, Niderno directly owns 1,021.64 shares of common stock and 3,026.159 restricted stock units.
- Niderno also indirectly owns 547.6496 share equivalents through The Hartford Stock Fund in the company's 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company insider. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
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 officer of Hartford Insurance Group has sold shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date used for closing price of common stock and 401(k) plan share equivalent calculation. |
| 02/20/2025 | Date of Form 4 filing for performance share certification. |
| 02/21/2025 | Date of stock disposition for tax withholding. |
| 02/24/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Hartford Insurance Group, HIG, Allison G. Niderno, Stock Transaction, Beneficial Ownership, SEC Filing, 401(k) Plan
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