Form 4: Hilltop Holdings Director Hill A. Feinberg Sells 3,000 Shares
SEC Form 4 Filing
Director Hill A. Feinberg of Hilltop Holdings Inc. reports selling 3,000 shares of common stock at an average price of $31.6324 on March 7, 2024.
Summary
- On March 7, 2024, Hill A. Feinberg, a director of Hilltop Holdings Inc., sold 3,000 shares of common stock.
- The sale was executed at a weighted average price of $31.6324 per share, with individual transactions ranging from $31.63 to $31.68.
- Following the transaction, Mr. Feinberg directly owns 562,136 shares and indirectly owns 13,776 shares through his wife.
- Mr. Feinberg disclaims beneficial ownership of the shares held by his wife, except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares.
Industry Context
This is a routine disclosure of a transaction by a company insider and doesn't necessarily indicate a broader trend or issue within the financial services industry.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although the amount is relatively small compared to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of transaction: Sale of 3,000 shares of common stock. |
| 03/11/2024 | Date of signature on the Form 4 filing. |
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