Form 4: Hilltop Holdings Inc. Executive Acquires Shares Through Employee Stock Purchase Plan
SEC Form 4 Filing
Darren E. Parmenter, Chief Administrative Officer of Hilltop Holdings Inc., acquired 531 shares of common stock through the company's Employee Stock Purchase Plan at a price of $27.41 per share.
Summary
- On April 1, 2025, Darren E. Parmenter, Chief Administrative Officer of Hilltop Holdings Inc., acquired 531 shares of common stock.
- The acquisition was made through the company's Employee Stock Purchase Plan (ESPP) for the purchase period of January 1, 2025, through March 31, 2025.
- The price per share was $27.41, which is 90% of the closing price of Hilltop Holdings Inc.'s stock on March 31, 2025.
- Following the transaction, Parmenter directly owns 91,160.0883 shares of Hilltop Holdings Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to an employee stock purchase plan. There's no indication of significant positive or negative implications.
Positives
- Executive participation in the ESPP demonstrates confidence in the company's future.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders. This filing indicates participation in the company's ESPP, which is a common benefit offered by many corporations.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it shows management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| January 1, 2025 | Start of ESPP purchase period |
| March 31, 2025 | End of ESPP purchase period and date used to determine purchase price |
| April 1, 2025 | Date of transaction (acquisition of shares) |
| April 2, 2025 | Date of Form 4 filing |
Keywords
Hilltop Holdings Inc., Darren E. Parmenter, Employee Stock Purchase Plan, ESPP, Common Stock, Beneficial Ownership, Form 4, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.