Hartford (NYSE: HIG) SVP uses shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HARTFORD INSURANCE GROUP, INC. senior vice president and controller Allison G. Niderno reported a tax-related share disposition. On March 2, 2026, 621 shares of common stock were surrendered to the Company at $140.83 per share to satisfy tax withholding tied to a restricted stock unit distribution under The Hartford's 2020 Stock Incentive Plan.
After this transaction, Niderno directly held 1,323.74 shares of common stock and 1,925.178 restricted stock units. The filing also shows 556.5123 common stock share equivalents held indirectly through the Company's 401(k) plan as of March 2, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Niderno Allison G
Role
SVP & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 621 | $140.83 | $87K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,323.74 shares (Direct);
Restricted Stock Units — 1,925.178 shares (Direct);
Common Stock — 556.512 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Transaction involving a disposition to the Company of equity securities in satisfaction of tax withholding obligations in connection with a distribution to the reporting person of restricted stock units pursuant to The Hartford's 2020 Stock Incentive Plan. 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 March 2, 2026.
FAQ
What insider transaction did HIG executive Allison G. Niderno report?
Allison G. Niderno reported surrendering 621 HIG common shares to the Company to cover tax withholding on a restricted stock unit distribution, at a price of $140.83 per share, under The Hartford's 2020 Stock Incentive Plan.
Was the HIG Form 4 transaction an open-market sale or tax withholding?
The Form 4 transaction was for tax withholding, not an open-market sale. 621 common shares were disposed of to the Company to satisfy tax obligations from a restricted stock unit distribution under The Hartford's 2020 Stock Incentive Plan.
What restricted stock unit holdings does the HIG SVP & Controller report?
Following the March 2, 2026 update, the HIG SVP & Controller reports holding 1,925.178 restricted stock units. These units are associated with The Hartford's 2020 Stock Incentive Plan and were part of the distribution that triggered the tax-withholding share disposition.
What role does Allison G. Niderno hold at HARTFORD INSURANCE GROUP, INC.?
Allison G. Niderno is identified as the SVP & Controller of HARTFORD INSURANCE GROUP, INC. This senior finance role typically involves oversight of financial reporting and controls, which is why her equity transactions are reported publicly on Form 4.