Form 4: Hilltop Holdings CFO William Furr Reports Stock Transactions Following Vesting of Restricted Stock Units
SEC Form 4 Filing
William Furr, CFO of Hilltop Holdings, reports the acquisition and disposal of common stock related to the vesting of restricted stock units.
Summary
- On February 23, 2024, William Furr, the Chief Financial Officer of Hilltop Holdings Inc., engaged in transactions involving the company's common stock.
- These transactions were related to the vesting of performance-based and time-based restricted stock units awarded on February 23, 2021.
- Specifically, 8,430 shares were withheld by the issuer to cover tax obligations associated with the vesting of performance-based restricted stock units at a price of $30.82.
- Additionally, 26,523 shares were delivered upon the vesting of these performance-based restricted stock units.
- Another 3,213 shares were withheld to satisfy tax obligations related to the vesting of time-based restricted stock units, also at $30.82.
- Following these transactions, Furr's directly owned holdings amount to 181,135.0167 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the CFO's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/23/2021 | Date of award for performance-based and time-based restricted stock units. |
| 02/23/2024 | Date of transactions involving common stock due to vesting of restricted stock units. |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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