[Form 4] HILLTOP HOLDINGS INC. Insider Trading Activity

Rhea-AI Filing Summary

Hilltop Holdings Inc. (HTH) – Form 4 filing, 28 Jul 2025

Director Carl B. Webb reported the acquisition of 957 common shares on 24 Jul 2025. The shares were granted under the company’s 2020 Equity Incentive Plan as annual board compensation for the prior fiscal year. The transaction is coded “A” (automatic acquisition) and was valued at $31.36 per share, a reference to HTH’s closing price on 23 Jul 2025 (the day before the annual shareholder meeting). Following the grant, Webb’s direct ownership rises to 129,407 shares.

No derivative securities were involved, and there were no dispositions. The filing does not disclose any additional purchases, sales, or changes to derivatives, nor does it include earnings or guidance information. Given the modest size of the award (≈0.1% of daily trading volume and immaterial to market cap), the transaction is routine board compensation rather than a signal of strategic insider buying.

Positive

• Director’s holdings increase, marginally improving insider alignment with shareholders.

Negative

• None.

Insights

Equity Research Analyst

TL;DR: Routine director stock grant; negligible valuation impact.

The 957-share award to Director Webb is standard board compensation under the 2020 plan. At ~$31.36, the grant is worth roughly $30k—immaterial relative to Hilltop’s $2.1 bn market cap and unlikely to influence liquidity or valuation. Insider acquisition—though technically positive—doesn’t represent discretionary buying, so it carries limited signaling value. No derivatives or sales were reported, maintaining alignment between the director and shareholders. Overall, the filing is neutral for investors.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

WEBB CARL B

(Last) (First) (Middle)

6565 HILLCREST AVENUE

(Street)

DALLAS TX 75205

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Hilltop Holdings Inc. [ HTH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/24/2025		A		957(1)	A	$31.36(2)	129,407	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares acquired pursuant to the Hilltop Holdings Inc. 2020 Equity Incentive Plan as annual compensation for services rendered as a director for the prior year.

2. Price per share calculated using the closing price per share on July 23, 2025, the day prior to the Company's annual stockholders' meeting.

Remarks:

	/s/ Carl B. Webb	07/28/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Hilltop Holdings (HTH) shares did Director Carl B. Webb acquire?

He received 957 common shares on 24 Jul 2025.

Was the transaction a purchase or a grant?

It was an automatic stock grant under the 2020 Equity Incentive Plan, not an open-market purchase.

What is Carl B. Webb’s total ownership after the transaction?

Webb now directly owns 129,407 HTH shares.

What price was used to value the granted shares?

The grant was priced at $31.36, Hilltop’s closing price on 23 Jul 2025.

Does this Form 4 signal significant insider buying?

No. The event is a routine compensation grant and is immaterial to company valuation.