Bobbitt Rhodes R 4
Research Summary
AI-generated summary
Hilltop Holdings (HTH) Director Bobbitt Rhodes Sells 10,000 Shares
What Happened Bobbitt Rhodes R, a director of Hilltop Holdings Inc. (HTH), sold 10,000 shares of the company's common stock on May 13, 2026 at $37.25 per share, generating proceeds of approximately $372,500. The transaction is reported as an open-market or private sale (code S), i.e., a disposition of shares rather than a purchase.
Key Details
- Transaction date and price: 2026-05-13 at $37.25 per share.
- Total proceeds: ~$372,500.
- Shares owned after the transaction: not specified in the excerpt provided; the filing notes a footnote that includes 52,100 shares held in an individual retirement account for the benefit of the reporting person (Footnote F1).
- Filing date: 2026-05-15 (filed within the standard two-business-day window for Form 4 filings — timely).
- Transaction code: S = Sale (disposition of shares).
Context Sales by directors can be routine (diversification, tax planning, etc.) and do not by themselves indicate company performance or insider sentiment. This was a straight sale of shares; there is no indication in the provided excerpt of option exercise, a gift, a 10b5-1 plan, or other complicating factors.