Form 4: Hilltop Holdings Director Charlotte Jones Anderson Acquires Shares as Compensation

Director Charlotte Jones Anderson acquired 223 shares of Hilltop Holdings Inc. common stock as compensation for services rendered in the third quarter of 2024.

Summary

• On September 30, 2024, Charlotte Jones Anderson, a director of Hilltop Holdings Inc., acquired 223 shares of common stock.
• The acquisition was part of the Hilltop Holdings Inc. 2020 Equity Incentive Plan.
• These shares were compensation for services rendered as a director during the third calendar quarter of 2024.
• The price per share was calculated using the average closing price from September 17, 2024, to September 30, 2024, resulting in a price of $32.382 per share.
• Following the transaction, Anderson directly owns 15,695 shares of Hilltop Holdings Inc.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and expected corporate governance practice. It is neither overly positive nor negative.

Positives

• The acquisition reflects continued director alignment with company performance.
• The equity incentive plan is being utilized as intended to compensate directors.

Future Outlook

There are no specific forward-looking statements in this document.

Industry Context

Director compensation through equity is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Equity compensation for board members is a standard practice across the financial services industry.
• Companies like JPMorgan Chase & Co. and Bank of America also utilize equity-based compensation plans for their directors.
• The amount of equity granted to directors varies based on company size, performance, and industry benchmarks.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates