HTH insider Sobel boosts stake to 127,841 shares through DRIP

Rhea-AI Filing Summary

Hilltop Holdings Inc. (HTH) insider Jonathan S. Sobel, a director and Hilltop Securities Chairman, reported a routine increase in his common stock holdings through dividend reinvestment. On 11/21/2025, he acquired 110.1604 shares of Hilltop common stock at a price of $0.00 per share, as dividends were automatically reinvested in additional shares. After this transaction, he beneficially owned 127,841.2059 shares in direct ownership form. The filing reflects ongoing alignment of an insider’s holdings with the company through a dividend reinvestment program, rather than an open-market purchase or sale.

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

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SOBEL JONATHAN S

(Last) (First) (Middle)

6565 HILLCREST AVE

(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
X	Officer (give title below)		Other (specify below)
	Hilltop Securities Chairman

3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025

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	11/21/2025	11/24/2025	A		110.1604(1)	A	$0.00	127,841.2059	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 reinvestment of dividends.

Remarks:

	/s/ Jonathan S. Sobel	11/25/2025
	** 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

What insider transaction did Hilltop Holdings (HTH) report in this Form 4?

The Form 4 reports that Jonathan S. Sobel, a director and Hilltop Securities Chairman, acquired 110.1604 shares of Hilltop Holdings common stock through dividend reinvestment on 11/21/2025.

How many Hilltop Holdings (HTH) shares does the reporting person own after the transaction?

Following the reported transaction, Jonathan S. Sobel beneficially owned 127,841.2059 shares of Hilltop Holdings common stock in direct ownership.

Was the Hilltop Holdings (HTH) insider transaction a purchase on the open market?

No. The filing explains that the 110.1604 shares were acquired pursuant to the reinvestment of dividends, meaning dividends were automatically used to buy additional shares rather than a discretionary open-market trade.

What price per share is reported for the Hilltop Holdings (HTH) dividend reinvestment?

The transaction reports a price of $0.00 per share, reflecting that the shares were credited through a dividend reinvestment mechanism rather than a standard cash purchase at a quoted market price.

What is the reporting person’s relationship to Hilltop Holdings (HTH)?

Jonathan S. Sobel is identified as a Director of Hilltop Holdings Inc. and serves as Hilltop Securities Chairman, making him an insider subject to Form 4 reporting requirements.

Does this Hilltop Holdings (HTH) Form 4 involve any derivative securities?

No derivative securities transactions are reported in this excerpt; the activity relates only to non-derivative common stock acquired via dividend reinvestment.