Hartford Insurance Group (HIG) CEO Swift gifts 35,088 shares, details option holdings
Rhea-AI Filing Summary
HARTFORD INSURANCE GROUP, INC. director and Chairman and CEO Christopher Swift reported a bona fide gift of 35,088 shares of common stock on 2026-08-07 to a charitable donor-advised fund, leaving 41,569.485 common shares held directly. He also reports indirect holdings of 40,003 shares held by his spouse, 184,903 shares held by a Grantor Retained Annuity Trust for which he is trustee, and additional Swift family trusts holding 95,386 and 60,865 shares. Separately, he continues to hold multiple vested stock option awards on common stock, including options with exercise prices between $49.01 and $140.54 per share and expirations from 2028 through 2036, covering hundreds of thousands of underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 35,088 shares
Net Sell
14 txns
Insider
Swift Christopher
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 35,088 | $0.00 | $0.00 |
| holding | Stock Option F3 | -- | -- | -- |
| holding | Stock Option F4 | -- | -- | -- |
| holding | Stock Option F5 | -- | -- | -- |
| holding | Stock Option F6 | -- | -- | -- |
| holding | Stock Option F7 | -- | -- | -- |
| holding | Stock Option F8 | -- | -- | -- |
| holding | Stock Option F9 | -- | -- | -- |
| holding | Stock Option F10 | -- | -- | -- |
| holding | Stock Option F11 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 41,569.485 shares (Direct);
Stock Option — 2,144,645 shares (Direct);
Common Stock — 40,003 shares (Indirect, By Spouse);
Common Stock — 184,903 shares (Indirect, By Trust);
Common Stock — 95,386 shares (Indirect, Swift Family Gift Trust);
Common Stock — 60,865 shares (Indirect, Swift Family Legacy Trust)
Footnotes (11)
- F1. This transaction involved a gift to a charitable donor-advised fund.
- F2. Shares held by a Grantor Retained Annuity Trust of which Mr. Swift is Trustee.
- F3. The options became fully exercisable on February 26, 2022, the third anniversary of the grant date.
- F4. The options became fully exercisable on February 23, 2024, the third anniversary of the grant date.
- F5. The options became fully exercisable on February 27, 2021, the third anniversary of the grant date.
- F6. The options became fully exercisable on February 25, 2023, the third anniversary of the grant date.
- F7. The options became fully exercisable on February 23, 2025, the third anniversary of the grant date.
- F8. The options became fully exercisable on February 28, 2026, the third anniversary of the grant date.
- F9. One-third of the options became exercisable on February 27, 2025, an additional one-third of the options became exercisable on February 27, 2026 and the remaining one-third of the options will become exercisable on February 27, 2027, the third anniversary of the grant date.
- F10. One-third of the options became exercisable on February 25, 2026, an additional one-third of the options will become exercisable on February 25, 2027 and the remaining one-third of the options will become exercisable on February 25, 2028, the third anniversary of the grant date.
- F11. One-third of the options will become exercisable on February 24, 2027, an additional one-third of the options will become exercisable on February 24, 2028 and the remaining one-third of the options will become exercisable on February 24, 2029, the third anniversary of the grant date.
Key Figures
Gifted common shares: 35,088 shares
Direct common shares after gift: 41,569.485 shares
Spouse-held shares: 40,003 shares
+4 more
7 metrics
Gifted common shares
35,088 shares
Bona fide gift of common stock on 2026-08-07
Direct common shares after gift
41,569.485 shares
Direct HIG common stock held following the reported gift
Spouse-held shares
40,003 shares
Indirect ownership reported as held by spouse
GRAT-held shares
184,903 shares
Indirect ownership via Grantor Retained Annuity Trust
Stock option strike
$49.01 per share
Exercise price for options on 352,263 underlying shares, expiring 2029-02-26
Stock option strike
$140.54 per share
Exercise price for options on 102,382 underlying shares, expiring 2036-02-24
Underlying shares at $51.87 strike
310,820 shares
Stock options on common stock expiring 2031-02-23
Key Terms
bona fide gift, donor-advised fund, Grantor Retained Annuity Trust, stock option, +1 more
5 terms
bona fide gift financial
"Transaction code G is described as a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
donor-advised fund financial
"This transaction involved a gift to a charitable donor-advised fund."
A donor-advised fund is a charitable giving account that lets an individual or family deposit cash, stock, or other assets now, get an immediate tax benefit, and then recommend grants to charities over time. Think of it like a private charitable bucket you control without running a charity yourself; investors care because it’s a tax-efficient way to give appreciated securities, can change when and how donated shares enter the market, and affects personal and corporate tax planning.
Grantor Retained Annuity Trust financial
"Shares held by a Grantor Retained Annuity Trust of which Mr. Swift is Trustee."
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
stock option financial
"The filing lists multiple Stock Option holdings on common stock."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did HARTFORD INSURANCE GROUP (HIG) CEO Christopher Swift report in this Form 4?
Christopher Swift reported a bona fide gift of 35,088 HARTFORD INSURANCE GROUP common shares to a charitable donor-advised fund, and updated his direct and indirect shareholdings and stock option positions as of 2026-08-07.
Were any HIG stock options exercised or sold in this Form 4 by Christopher Swift?
No stock option exercises or sales are reported. The Form 4 lists the stock options as holdings with exercise prices and expiration dates, but without acquired or disposed codes indicating option exercises or related sales.