Hartford (HIG) EVP gets performance share payout, surrenders shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hartford Insurance Group EVP and Chief Risk Officer Prateek Chhabra reported equity compensation and related tax withholding transactions. On February 17, 2026, he was awarded 1,480.757 performance shares for the January 1, 2023 through December 31, 2025 performance period, which were paid in an equal number of shares of common stock after the company’s compensation committee certified performance.
Following this, on February 18, 2026, 733 common shares were disposed of back to the company at $143.53 per share to cover tax withholding obligations arising from that certification, consistent with company administrative rules. After these transactions, he directly held 13,687.106 common shares and 4,908.07 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,480.757 shares exercised/converted
Mixed
5 txns
Insider
Chhabra Prateek
Role
EVP & Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 733 | $143.53 | $105K |
| Grant/Award | Performance Shares | 1,480.757 | $0.00 | -- |
| Exercise | Performance Shares | 1,480.757 | $0.00 | -- |
| Exercise | Common Stock | 1,480.757 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 13,687.106 shares (Direct);
Performance Shares — 1,480.757 shares (Direct);
Restricted Stock Units — 4,908.07 shares (Direct)
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.