Chhabra Prateek 4
4 · HARTFORD INSURANCE GROUP, INC. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Hartford (HIG) EVP Prateek Chhabra Sells 1,170 Shares (Tax Withholding)
What Happened Prateek Chhabra, EVP & Chief Risk Officer of Hartford Insurance Group (HIG), disposed of 1,170 shares to the company on 2026-03-02 to satisfy tax withholding tied to a restricted stock unit (RSU) distribution. The shares were valued at $140.83 each, for a total of $164,771. This was a withholding disposition (tax-related), not an open-market sale.
Key Details
- Transaction date: 2026-03-02; Form filed: 2026-03-03 (appears timely).
- Action/Code: F — disposition to company to satisfy tax withholding on RSU distribution.
- Shares and price: 1,170 shares at $140.83 per share; total value $164,771.
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1 — shares surrendered to satisfy tax withholding for RSUs under The Hartford’s 2020 Stock Incentive Plan. F2 — separate note about option vesting schedule (one-third vesting annually Feb 24, 2027–2029).
- Filing accession: 0001225208-26-002953.
Context This was a routine tax-withholding disposition related to an RSU distribution (company retained shares to cover taxes). Such transactions are common and generally reflect withholding mechanics rather than a direct signal of insider confidence or concern. The filing also includes a footnote about an option vesting schedule, but the reported transaction itself was the RSU tax-withholding sale.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-02$140.83/sh−1,170$164,771→ 15,041.123 total
- 2,384.053
Restricted Stock Units
- 4,095
Stock Option
[F2]Exercise: $140.54Exp: 2036-02-24→ Common Stock (4,095 underlying)
Footnotes (2)
- [F1]Transaction involving a disposition to the Company of equity securities in satisfaction of tax withholding obligations in connection with a distribution to the reporting person of restricted stock units pursuant to The Hartford's 2020 Stock Incentive Plan.
- [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.