Hilltop Holdings (HTH) EVP adds shares through automatic dividend reinvestment
Rhea-AI Filing Summary
Hilltop Holdings Inc. executive Corey Prestidge reported an automatic acquisition of common stock through dividend reinvestment. On the reported date, he received 651.4492 shares at a stated price of $0.00 per share, classified as a grant or award acquisition. Following this transaction, his directly held common stock position increased to 187,458.9520 shares, reflecting routine reinvestment of dividends rather than an open-market purchase.
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Insider Trade Summary
Net Buyer: 651.4492 shares
Net Buy
1 txn
Insider
PRESTIDGE COREY
Role
EVP, General Counsel & Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 651.4492 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 187,458.952 shares (Direct)
Footnotes (1)
- F1. Shares acquired pursuant to the reinvestment of dividends.
Key Figures
Shares acquired: 651.4492 shares
Share price: $0.00 per share
Shares held after: 187,458.9520 shares
+1 more
4 metrics
Shares acquired
651.4492 shares
Common Stock acquired via dividend reinvestment on reported date
Share price
$0.00 per share
Stated transaction price for the grant/award acquisition
Shares held after
187,458.9520 shares
Total directly held Hilltop Holdings common stock after transaction
Acquisition transactions
1 transaction
Single grant/award acquisition reported in Form 4
Key Terms
dividend reinvestment, grant, award, or other acquisition, Form 4, Common Stock
4 terms
dividend reinvestment financial
"Shares acquired pursuant to the reinvestment of dividends."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Hilltop Holdings (HTH) report for Corey Prestidge?
Hilltop Holdings reported that EVP and General Counsel Corey Prestidge acquired 651.4492 shares of common stock. The shares were received as a grant-type acquisition, tied to dividend reinvestment rather than an open-market purchase, and increased his directly held position.
Was the Hilltop Holdings (HTH) insider transaction an open-market buy or a dividend reinvestment?
The transaction was a dividend reinvestment, not an open-market buy. The filing classifies it as a grant, award, or other acquisition, with a footnote explaining the shares were acquired pursuant to the reinvestment of dividends on existing holdings.
What does transaction code "A" mean in the Hilltop Holdings (HTH) Form 4?
Transaction code “A” on the Form 4 indicates a grant, award, or other acquisition of securities. For Corey Prestidge, the code reflects shares automatically acquired through dividend reinvestment, rather than discretionary purchases on the open market.