Form 4: Hilltop Holdings Inc. Executive Keith E. Bornemann Reports Tax Withholding Transaction

Keith E. Bornemann, Chief Accounting Officer of Hilltop Holdings Inc., reports the withholding of 528 common stock shares to cover tax obligations related to vesting restricted stock units.

Summary

• On February 8, 2025, Keith E. Bornemann, Chief Accounting Officer of Hilltop Holdings Inc., had 528 shares of common stock withheld by the issuer to satisfy tax obligations.
• This action was related to the vesting of 1,780 time-based restricted stock units awarded on February 8, 2022.
• The price per share for the tax withholding was $32.11.
• Following the transaction, Bornemann directly owns 10,679.02 shares of Hilltop Holdings Inc. common stock.

Sentiment

Score: 5

Explanation: This is a neutral report on a routine transaction related to executive compensation. It doesn't indicate positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects the standard compensation practices of the company.

Key Dates

Keywords

Form 4, Hilltop Holdings Inc., Keith E. Bornemann, Chief Accounting Officer, Stock withholding, Restricted stock units, Beneficial ownership, Tax obligations