Form 4: Hilltop Holdings CAO Darren Parmenter Reports RSU Vesting
Insider Transaction Report
Hilltop Holdings Inc.'s Chief Administrative Officer, Darren Parmenter, reported the vesting of restricted stock units and related tax withholdings, increasing his direct beneficial ownership.
Summary
- Darren E. Parmenter, Chief Administrative Officer of Hilltop Holdings Inc. (HTH), reported transactions on February 8, 2026, related to his beneficial ownership of common stock.
- These transactions involved the vesting of performance-based and time-based restricted stock units (RSUs) that were originally awarded on February 8, 2023.
- A total of 2,753 shares of common stock were acquired upon the vesting of performance-based RSUs at a price of $0.00.
- 769 shares of common stock were withheld by the issuer at $39.83 per share to satisfy tax withholding obligations related to the vesting of performance-based RSUs.
- An additional 916 shares of common stock were withheld by the issuer at $39.83 per share to satisfy tax withholding obligations related to the vesting of time-based RSUs.
- Following these transactions, Parmenter's direct beneficial ownership of common stock increased to 92,500.0883 shares.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a slightly positive, routine event. The vesting of performance-based RSUs suggests the achievement of company goals, and the increase in insider ownership aligns executive interests with shareholders.
Positives
- Acquisition of 2,753 shares of common stock through the vesting of performance-based restricted stock units, indicating the achievement of certain performance criteria.
- A net increase of 1,837.00 shares in direct beneficial ownership of Hilltop Holdings Inc. common stock by the Chief Administrative Officer.
- The vesting of RSUs aligns management interests with shareholder value, demonstrating continued commitment to the company's performance.
Negatives
- Shares were withheld by the issuer to satisfy tax obligations, which is a standard practice but reduces the number of shares directly received by the insider.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that routine insider transactions, such as the vesting of restricted stock units, are common across all industries as part of executive compensation packages. This particular filing reflects a standard compensation event for a financial services company executive.
Stakeholder Impact
- Shareholders: A minor positive impact due to increased insider ownership, which can signal confidence and align management incentives.
Key Dates
| Date | Description |
|---|---|
| 02/08/2023 | Award date of performance-based and time-based restricted stock units. |
| 02/08/2026 | Transaction date for vesting of restricted stock units and related tax withholdings. |
| 02/10/2026 | Signature date of the reporting person. |
Keywords
Hilltop Holdings Inc., HTH, Insider Transaction, Form 4, Restricted Stock Units, RSU Vesting, Executive Compensation, Darren Parmenter, Chief Administrative Officer, Stock Ownership
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