Form 4: Hilltop Holdings EVP, General Counsel & Secretary Corey Prestidge Reports Tax Withholding

Corey Prestidge, EVP, General Counsel & Secretary of Hilltop Holdings, reports the withholding of 2,185 common stock shares to cover tax obligations related to vesting restricted stock units.

Summary

• Corey Prestidge, an executive at Hilltop Holdings Inc., filed a Form 4.
• The form reports a transaction on February 8, 2025, where 2,185 shares of common stock were disposed of.
• The disposal was due to the issuer withholding shares to satisfy tax obligations related to vesting restricted stock units awarded on February 8, 2022.
• The price per share for the transaction was $32.11.
• Following the transaction, Prestidge beneficially owns 174,142.392 shares of Hilltop Holdings Inc. common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (tax withholding) related to executive compensation, which is neither particularly positive nor negative. It's a neutral event in the context of the company's overall performance.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a standard tax withholding procedure.

Key Dates

Keywords

Form 4, Hilltop Holdings Inc., Corey Prestidge, Stock withholding, Tax obligations, Restricted stock units, Beneficial ownership, HTH