[144] HILLTOP HOLDINGS INC. SEC Filing

Rhea-AI Filing Summary

Hilltop Holdings Inc. (HTH) filing a Form 144 notifies the proposed sale of 20,000 shares of common stock through Goldman Sachs & Co. LLC on 08/14/2025, with an aggregate market value of $655,600. The filer reports acquiring these shares from the issuer in a private transaction on 06/13/1997 and indicates no cash payment obligations related to the original acquisition. The notice also discloses a sale of 30,000 shares on 08/13/2025 generating gross proceeds of $963,761. The filing includes the seller's representation that no undisclosed material adverse information about the issuer is known.

Positive

• Regulatory compliance: The filer publicly disclosed the proposed sale under Rule 144 and provided required acquisition history.
• Transparency: Broker details and aggregate market value ($655,600) are provided, giving clear disclosure of the transaction.

Negative

• Insider selling activity: The filing shows a recent sale of 30,000 shares on 08/13/2025 for $963,761, which may prompt investor questions about insider liquidity.
• Limited context: The filing does not state post-sale ownership percentages or reason for the sale, leaving interpretation incomplete.

Insights

Securities Analyst

TL;DR: Routine insider filing: proposed 20,000-share sale is disclosed and follows Rule 144 procedures.

The Form 144 notifies a proposed brokered sale of 20,000 common shares valued at $655,600 and documents an immediate prior sale of 30,000 shares generating $963,761. This is a standard liquidity event under Rule 144, showing disposition of long-held shares acquired in 1997. The disclosure meets regulatory requirements and provides investors transparency about insider selling activity but does not by itself reveal changes to operations or financial condition.

Corporate Governance Expert

TL;DR: Filing is a compliance disclosure of insider sales; materiality appears limited based on provided figures.

The notice includes seller representations required by Rule 144 and cites broker execution through Goldman Sachs. The seller affirms no undisclosed material adverse information. From a governance standpoint, timely public notice of insider selling is appropriate governance practice. Without additional context on ownership percentages or related-party arrangements, the sale appears procedural rather than a governance red flag.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	20000	655600	63000000	08/14/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	06/13/1997	Acquired from issuer in private transaction	The Issuer			20000	06/13/1997	None

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
John Markham Green 98 San Jacinto Blvd Austin TX 78701	Common Stock	08/13/2025	30000	963761

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Hilltop Holdings (HTH) disclose in this Form 144?

The filing discloses a proposed sale of 20,000 common shares via Goldman Sachs on 08/14/2025 valued at $655,600, and a prior sale of 30,000 shares on 08/13/2025 generating $963,761.

Who acquired the shares and when were they acquired?

The 20,000 shares were acquired from the issuer in a private transaction on 06/13/1997 as stated in the filing.

Through which broker will the proposed sale be executed?

The proposed sale is to be executed through Goldman Sachs & Co. LLC at 200 West Street, New York, NY.

Does the filer state any undisclosed material information about Hilltop Holdings?

The filer represents by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed.

What were the gross proceeds of the recent sale reported in the filing?

The filing reports gross proceeds of $963,761 from the sale of 30,000 common shares on 08/13/2025.