Hartford (HIG) SVP awarded shares, disposes stock to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hartford Insurance Group SVP & Controller Allison G. Niderno reported multiple equity transactions. On February 17, 2026, she was granted 775.915 performance shares for the January 1, 2023–December 31, 2025 performance period, which were paid in common stock.
Those performance shares were then exercised into 775.915 common shares. On February 18, 2026, 401 common shares were disposed back to the company at $143.53 per share to cover tax withholding obligations. After these transactions, she directly held 997.071 common shares, plus 2,696.318 restricted stock units and 556.5144 common-share equivalents indirectly through the company’s 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
775.915 shares exercised/converted
Mixed
6 txns
Insider
Niderno Allison G
Role
SVP & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 401 | $143.53 | $58K |
| Grant/Award | Performance Shares | 775.915 | $0.00 | -- |
| Exercise | Performance Shares | 775.915 | $0.00 | -- |
| Exercise | Common Stock | 775.915 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 997.071 shares (Direct);
Performance Shares — 775.915 shares (Direct);
Restricted Stock Units — 2,696.318 shares (Direct);
Common Stock — 556.514 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- On February 17, 2026, the Company's Compensation and Management Development Committee certified a performance share payout based on the level of the Company's performance relative to pre-established objectives for the January 1, 2023 through December 31, 2025 performance period. The performance shares were paid in shares of the Company's common stock. Transaction involving a disposition to the Company of equity securities to cover tax withholding obligations arising from the performance share certification reported on this Form 4, in accordance with the Company's administrative rules. The closing price of the Company's common stock on February 17, 2026, the day of certification. This figure represents the reporting person's approximate share equivalent holdings in The Hartford Stock Fund (the "Fund") under the Company's 401(k) plan. The Fund consists of Company common stock (typically 99% of the Fund value) and short-term investments (typically less than 1% of the Fund value) and the number of share equivalents varies depending on the performance of the Company, the overall stock market, the amount of cash awaiting investment, and the performance and amount of short-term investments held by the Fund, less any expense accrued against the Fund. The number of shares attributed to the reporting person and expressed as share equivalents is based on information furnished by the 401(k) plan administrator as of February 17, 2026.
FAQ
What insider transactions did HIG executive Allison G. Niderno report on this Form 4?
Allison G. Niderno reported a grant of 775.915 performance shares, their exercise into 775.915 common shares, and a separate disposition of 401 common shares back to the company to satisfy tax-withholding obligations related to the certified performance award.
What are Allison G. Niderno’s direct common stock holdings in Hartford (HIG) after these transactions?
After the reported transactions, Allison G. Niderno directly held 997.071 shares of Hartford common stock. This figure reflects the net position following the exercise of performance shares into common stock and the 401-share disposition to cover tax withholding obligations.
What indirect Hartford (HIG) holdings does the Form 4 show for Allison G. Niderno?
The Form 4 shows 556.5144 common-share equivalents held indirectly through The Hartford Stock Fund in the company’s 401(k) plan. This number represents approximate share equivalents, which can change with fund performance and plan activity as of February 17, 2026.
How many restricted stock units or similar awards does Allison G. Niderno hold at Hartford (HIG)?
The filing lists 2,696.318 restricted stock units as directly held after the reported transactions. These units represent equity-based awards separate from the common stock and performance share transactions disclosed in this Form 4.