Niderno Allison G 4
Research Summary
AI-generated summary
Hartford (HIG) SVP Allison Niderno Sells 621 Shares
What Happened
- Allison G. Niderno, SVP & Controller of Hartford Insurance Group (HIG), transferred 621 shares back to the company on March 2, 2026 to satisfy tax withholding related to a restricted stock unit (RSU) distribution. The shares were valued at $140.83 each, for a total of $87,455. This was a tax-withholding disposition (routine), not an open-market sale.
Key Details
- Transaction date: March 2, 2026; Filing date: March 3, 2026 (filed one day after the transaction).
- Shares transferred/disposed: 621 at $140.83 per share; total value ~$87,455.
- Transaction code: F — disposition to the company to satisfy tax withholding on RSUs under The Hartford's 2020 Stock Incentive Plan (footnote F1).
- Filing does not state the reporting person's total shares owned after this transaction.
- Footnote F2 notes the filer’s approximate share-equivalent holdings in the company 401(k) stock fund as of March 2, 2026.
- No indication this filing was late.
Context
- Code F transactions are routine tax-withholding actions when restricted stock units vest; they do not necessarily reflect the insider’s view of the stock. This was not an open-market sale or purchase, nor an option exercise for immediate sale.