Niderno Allison G 4
Research Summary
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Hartford (HIG) SVP Allison G. Niderno Sells 375 Shares
What Happened
- Allison G. Niderno, Senior Vice President & Controller of Hartford Insurance Group (HIG), sold 374.915 shares of HIG common stock in an open-market transaction on February 26, 2026. The weighted-average sale price reported was $141.97 per share, for proceeds of roughly $53,226. This was a sale (liquidity event), not a purchase.
Key Details
- Transaction date: February 26, 2026; Filing date: February 27, 2026 (timely — within Form 4 reporting window).
- Price: Weighted average $141.97; reported sale-price range was $141.79–$141.97 per share (see footnote).
- Shares sold: 374.915; Gross proceeds ≈ $53,226.
- Shares owned after transaction: Not specified in the filing; the report notes approximate share-equivalent holdings in the company 401(k) Stock Fund per footnote (see below).
- Notable footnotes:
- F1: Weighted-average price disclosed; seller can provide per-price share counts on request. Range of sale prices $141.79–$141.97.
- F2: The filing discloses the reporting person's approximate share-equivalent holdings in The Hartford Stock Fund under the company 401(k) plan as of Feb 26, 2026 (the Fund holds mainly company stock), but does not state an exact post-sale total across all holdings.
- No 10b5-1 plan, option exercise, gift, or tax-withholding notation is indicated in this filing.
Context
- This was an open-market sale reported by an officer. The filing provides transaction specifics but does not state the reason for the sale. Sales by executives can be routine (liquidity, diversification, tax needs, etc.), but no motivation is disclosed here.