Hartford (NYSE: HIG) EVP awarded 10,081 new stock options
Rhea-AI Filing Summary
HARTFORD INSURANCE GROUP, INC. reported that EVP & Chief Information Officer Shekar Pannala received a grant of 10,081 stock options on February 24, 2026, at an exercise price of $0 per option as a form of equity compensation.
One-third of these options will vest on February 24, 2027, another third on February 24, 2028, and the remaining third on February 24, 2029. Following this grant, Pannala holds 633.399 shares of common stock directly, 20,687.123 restricted stock units, and 254.525 additional common-share equivalents held indirectly through the company’s 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 10,081 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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 24, 2026. 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.
FAQ
What did HIG executive Shekar Pannala report in this Form 4 filing?
How do the 10,081 HIG stock options granted to Shekar Pannala vest?
What are Shekar Pannala’s direct HIG common stock and RSU holdings after this grant?
What does a transaction code A mean in Shekar Pannala’s HIG Form 4?