Form 4: Hilltop Holdings Inc. Executive Winges Reports Stock Transaction
SEC Form 4 Filing
Martin Bradley Winges, CEO of Hilltop Securities, reports disposition of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On February 20, 2025, Martin Bradley Winges, CEO of Hilltop Securities, reported a transaction involving Hilltop Holdings Inc. (HTH) common stock.
- The transaction involved the disposition of 3,588 shares at a price of $31.64 per share.
- These shares were withheld by Hilltop Holdings to satisfy tax withholding obligations related to the vesting of time-based restricted stock units awarded on April 1, 2022.
- Following the transaction, Winges directly owns 90,195.886 shares of Hilltop Holdings Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2022 | Date of award of time-based restricted stock units. |
| 02/20/2025 | Date of stock transaction (disposition of shares for tax withholding). |
| 02/24/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Hilltop Holdings Inc., HTH, Martin Bradley Winges, Stock Transaction, Beneficial Ownership, Tax Withholding, Restricted Stock Units, Hilltop Securities CEO
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.