Pannala Shekar 4
4 · HARTFORD INSURANCE GROUP, INC. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Hartford (HIG) EVP Pannala Shekar Receives 10,081-Share Award
What Happened
- Pannala Shekar, Executive Vice President & Chief Information Officer of Hartford Insurance Group (HIG), was credited with 10,081 share equivalents on February 24, 2026. The transaction is reported as an award/acquisition (derivative) at an acquisition price of $0.00 (reported value $0).
- This entry reflects an allocation to the company's 401(k) stock fund rather than an open-market purchase or a sale.
Key Details
- Transaction date: February 24, 2026; Form 4 filed: February 26, 2026.
- Transaction type: Grant / Award / Acquisition (code A); reported as derivative.
- Shares involved: 10,081 share equivalents; acquisition price: $0.00 (reported value $0).
- Shares owned after transaction: 10,081 share equivalents attributed as of Feb 24, 2026 (per plan administrator information in the filing).
- Footnote F1: These 10,081 units are share-equivalent holdings in The Hartford Stock Fund under the company 401(k) plan (fund is ~99% company stock; share equivalents fluctuate with fund value and cash flow).
- Footnote F2: The filing also includes a standard vesting schedule note for option grants (one‑third vesting each year on Feb 24, 2027–2029); this pertains to option grants referenced in the filing and not to the 401(k) share-equivalents allocation.
- Filing timeliness: Form was filed two days after the transaction date (no late‑filing flag shown).
Context
- These are plan-based share equivalents (a retirement/benefit plan allocation), not a market trade — common in payroll or 401(k) activity and generally does not signal active timing of stock purchases or sales by the insider.
- For retail investors, plan contributions and employer allocations increase insider exposure to company stock but are typically part of compensation/savings programs rather than an explicit bullish/bearish market bet.
Insider Transaction Report
Form 4
Pannala Shekar
EVP & Chief Information Ofc.
Transactions
- Award
Stock Option
[F2]2026-02-24+10,081→ 10,081 totalExercise: $140.54Exp: 2036-02-24→ Common Stock (10,081 underlying)
Holdings
- 633.399
Common Stock
- 20,687.123
Restricted Stock Units
- 254.525(indirect: By 401(k))
Common Stock
[F1]
Footnotes (2)
- [F1]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 24, 2026.
- [F2]One-third of the options will become exercisable on February 24, 2027, an additional one-third of the options will become exercisable on February 24, 2028 and the remaining one-third of the options will become exercisable on February 24, 2029, the third anniversary of the grant date.
Signature
Anthony J. Salerno, Jr., Attorney-in-Fact|2026-02-26