Niderno Allison G 4
4 · HARTFORD INSURANCE GROUP, INC. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Hartford (HIG) SVP Allison Niderno Receives Award, Sells 401 Shares
What Happened
Allison Niderno, SVP & Controller of Hartford Insurance Group (HIG), was paid 775.915 performance shares following certification of the 2023–2025 performance period on Feb 17, 2026. To satisfy tax withholding obligations, 401 of those shares were surrendered to the company on Feb 18 at $143.53 per share, generating $57,556. The award/conversion and the sell-to-cover are routine administrative transactions rather than an open‑market investment decision; net shares retained from this issuance are approximately 374.915 shares.
Key Details
- Transaction dates: Feb 17, 2026 (performance share grant/conversion); Feb 18, 2026 (share disposition to cover taxes).
- Award: 775.915 performance shares issued following Compensation Committee certification (F1).
- Tax withholding: 401 shares surrendered to the company at $143.53/share for $57,556 (F2, F3).
- Shares owned after transaction: roughly 775.915 − 401 = ~374.915 shares retained from this award (plus any separate 401(k) share equivalents per F4).
- Filing timeliness: Form 4 filed Feb 19, 2026; appears timely (within required reporting window).
- Footnotes: F1 = performance-share payout certified; F2 = disposition to company to cover taxes; F3 = closing price used; F4 = note on 401(k) share-equivalent holdings.
Context
This was a performance-share payout (award converted to common shares) with a routine sell‑to‑cover for tax withholding, not an open‑market sale. For retail investors, awards and sell-to-cover transactions generally reflect compensation settlement and tax processing rather than a direct signal of insider buying or selling interest. No 10%‑owner issues or 10b5‑1 plan are indicated in the footnotes provided.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-17+775.915→ 1,398.071 total - Tax Payment
Common Stock
[F2][F3]2026-02-18$143.53/sh−401$57,556→ 997.071 total - Award
Performance Shares
[F1]2026-02-17+775.915→ 775.915 total→ Common Stock (775.915 underlying) - Exercise/Conversion
Performance Shares
[F1]2026-02-17−775.915→ 0 total→ Common Stock (775.915 underlying)
- 2,696.318
Restricted Stock Units
- 556.514(indirect: By 401(k))
Common Stock
[F4]
Footnotes (4)
- [F1]On February 17, 2026, the Company's Compensation and Management Development Committee certified a performance share payout based on the level of the Company's performance relative to pre-established objectives for the January 1, 2023 through December 31, 2025 performance period. The performance shares were paid in shares of the Company's common stock.
- [F2]Transaction involving a disposition to the Company of equity securities to cover tax withholding obligations arising from the performance share certification reported on this Form 4, in accordance with the Company's administrative rules.
- [F3]The closing price of the Company's common stock on February 17, 2026, the day of certification.
- [F4]This figure represents the reporting person's approximate share equivalent holdings in The Hartford Stock Fund (the "Fund") under the Company's 401(k) plan. The Fund consists of Company common stock (typically 99% of the Fund value) and short-term investments (typically less than 1% of the Fund value) and the number of share equivalents varies depending on the performance of the Company, the overall stock market, the amount of cash awaiting investment, and the performance and amount of short-term investments held by the Fund, less any expense accrued against the Fund. The number of shares attributed to the reporting person and expressed as share equivalents is based on information furnished by the 401(k) plan administrator as of February 17, 2026.