Hilltop Holdings Form 4: Director Jonathan Sobel reports 30K share purchases
Rhea-AI Filing Summary
Insider purchases reported for Hilltop Holdings Inc. (HTH). Jonathan S. Sobel, Hilltop Securities Chairman and a director/officer of Hilltop Holdings, reported three open-market purchases totaling 30,000 shares on 08/22/2025, 08/25/2025 and 08/26/2025 at weighted-average prices of $34.57, $34.75 and $35.21, respectively. Following these transactions his beneficial ownership increased to 117,428.694 shares, all reported as direct ownership. Each reported price is a weighted average of multiple trades within disclosed price ranges.
Positive
- Reported purchases total 30,000 shares, increasing direct beneficial ownership to 117,428.694 shares.
- Purchases were disclosed promptly and include weighted-average pricing with offer to provide per-trade details, supporting transparency.
Negative
- None.
Insights
TL;DR: Director/officer Jonathan Sobel purchased 30,000 HTH shares across three days, raising direct holdings to 117,428.694 shares.
These Form 4 entries document routine open-market acquisitions rather than derivative exercises or transfers. The transactions are identified with purchase code "P" and show weighted-average prices for each date, with the filer offering to disclose per-trade details on request. For analysts, the key facts are the dates, quantities, and average prices which allow calculation of cost basis for the added shares. The filings do not include any additional context such as 10b5-1 plan attribution or purpose beyond direct ownership.
TL;DR: Report shows straightforward, timely insider reporting of open-market purchases by a company director and officer.
The Form 4 is properly executed and signed by the reporting person, discloses relationship to the issuer (director and Hilltop Securities Chairman), and reports direct ownership increases. Explanatory footnotes clarify weighted-average pricing and offer full per-trade pricing on request, which supports transparency. The form contains no amendments, derivative transactions, or indicator of contractual trading plans in the provided text.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 10,000 | $35.21 | $352K |
| Purchase | Common Stock | 10,000 | $34.75 | $348K |
| Purchase | Common Stock | 10,000 | $34.57 | $346K |
Footnotes (1)
- The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $34.23 to $34.82, inclusive. The reporting person undertakes to provide to Hilltop Holdings Inc., any stockholder of Hilltop Holdings Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range. The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $34.65 to $34.90, inclusive. The reporting person undertakes to provide to Hilltop Holdings Inc., any stockholder of Hilltop Holdings Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range. The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $34.86 to $35.44, inclusive. The reporting person undertakes to provide to Hilltop Holdings Inc., any stockholder of Hilltop Holdings Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range.
