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HARTFORD INSURANCE GROUP, INC.·4

Feb 19, 4:07 PM ET

Swift Christopher 4

4 · HARTFORD INSURANCE GROUP, INC. · Filed Feb 19, 2026

Research Summary

AI-generated summary of this filing

Updated

Hartford (HIG) CEO Christopher Swift Receives Award; 57,640 Shares Sold for Taxes

What Happened

  • Christopher Swift, Chairman, CEO and Director of Hartford Financial Services Group, received 124,383.537 shares as a performance-based award certified by the Compensation and Management Development Committee (performance period 1/1/2023–12/31/2025). The award was paid in common stock.
  • To satisfy tax withholding on the award, 57,640 shares were delivered to the company (reported as a disposition) at $143.53 per share, generating about $8,273,069. After the withholding, Swift’s net increase from this award was 66,743.537 shares.

Key Details

  • Transaction dates: award/certification and conversion reported 2026-02-17; tax-withholding disposition reported 2026-02-18. Form 4 filed 2026-02-19 (filed timely).
  • Award size: 124,383.537 shares (performance share payout). Tax withholding: 57,640 shares at $143.53/share = $8,273,069.
  • Net new shares retained by Swift: 124,383.537 − 57,640 = 66,743.537 shares.
  • Relevant footnotes from the filing:
    • F1: Committee certified the performance share payout for the 2023–2025 performance period; paid in common stock.
    • F2: Disposition of shares to the company was to cover tax withholding obligations under company administrative rules.
    • F3: $143.53 is the closing price on Feb 17, 2026 (day of certification).
  • Transaction codes: A = Award/Grant, M = Exercise/conversion of derivative, F = Payment of exercise price or tax liability (withholding). No late filing was indicated.

Context

  • This was not an open‑market sale for liquidity; shares were surrendered/withheld to satisfy tax obligations from a performance award (a common, administrative “cashless” tax withholding). The primary event is a compensation-related issuance (award converted to common shares), not a discretionary purchase or sale signaling investment intent.

Insider Transaction Report

Form 4
Period: 2026-02-17
HARTFORD INSURANCE GROUP, INC.HIG
Swift Christopher
DirectorChairman and CEO
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-17+124,383.537→ 319,200.485 total
  • Tax Payment

    Common Stock

    [F2][F3]
    2026-02-18$143.53/sh−57,640$8,273,069→ 261,560.485 total
  • Award

    Performance Shares

    [F1]
    2026-02-17+124,383.537→ 124,383.537 total
    → Common Stock (124,383.537 underlying)
  • Exercise/Conversion

    Performance Shares

    [F1]
    2026-02-17−124,383.537→ 0 total
    → Common Stock (124,383.537 underlying)
Holdings

  • Common Stock

    (indirect: By Spouse)
    40,003

  • Common Stock

    (indirect: By Trust)
    95,386

  • Common Stock

    (indirect: By Trust)
    60,865

  • Stock Option

    [F4]
    Exercise: $49.01Exp: 2029-02-26→ Common Stock (352,263 underlying)
    352,263

  • Stock Option

    [F5]
    Exercise: $51.87Exp: 2031-02-23→ Common Stock (310,820 underlying)
    310,820

  • Stock Option

    [F6]
    Exercise: $53.81Exp: 2028-02-27→ Common Stock (284,819 underlying)
    284,819

  • Stock Option

    [F7]
    Exercise: $55.27Exp: 2030-02-25→ Common Stock (327,679 underlying)
    327,679

  • Stock Option

    [F8]
    Exercise: $69.41Exp: 2032-02-23→ Common Stock (301,932 underlying)
    301,932

  • Stock Option

    [F9]
    Exercise: $78.28Exp: 2033-02-28→ Common Stock (248,933 underlying)
    248,933

  • Stock Option

    [F10]
    Exercise: $95.74Exp: 2034-02-27→ Common Stock (116,414 underlying)
    116,414

  • Stock Option

    [F11]
    Exercise: $116.41Exp: 2035-02-25→ Common Stock (99,403 underlying)
    99,403
Footnotes (11)
  • [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.
  • [F10]One-third of the options became exercisable on February 27, 2025, an additional one-third of the options will become exercisable on February 27, 2026 and the remaining one-third of the options will become exercisable on February 27, 2027, the third anniversary of the grant date.
  • [F11]One-third of the options will become exercisable on February 25, 2026, an additional one-third of the options will become exercisable on February 25, 2027 and the remaining one-third of the options will become exercisable on February 25, 2028, the third anniversary of the grant date.
  • [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]The options became fully exercisable on February 26, 2022, the third anniversary of the grant date.
  • [F5]The options became fully exercisable on February 23, 2024, the third anniversary of the grant date
  • [F6]The options became fully exercisable on February 27, 2021, the third anniversary of the grant date.
  • [F7]The options became fully exercisable on February 25, 2023, the third anniversary of the grant date.
  • [F8]The options became fully exercisable on February 23, 2025, the third anniversary of the grant date.
  • [F9]One-third of the options became exercisable on February 28, 2024, an additional one-third of the options became exercisable on February 28, 2025 and the remaining one-third of the options will become exercisable on February 28, 2026, the third anniversary of the grant date.
Signature
Anthony J. Salerno, Jr., Attorney-in-Fact|2026-02-19

Documents

1 file
  • 4
    doc4.xmlPrimary