Nichols W Robert III 4

What Happened

• Nichols W. Robert III, a director of Hilltop Holdings, received an award of 1,180 shares on July 23, 2026. The filing reports an acquisition at an implied price of $38.14 per share, for a total value of $45,005. This was an award/grant (code A) as director compensation, not an open-market purchase or sale.

Key Details

• Transaction date: July 23, 2026; SEC filing date: July 24, 2026.
• Price per share used in the filing: $38.14; total value: $45,005.
• Transaction type: Award/Grant under Hilltop Holdings Inc. 2020 Equity Incentive Plan (code A).
• Shares owned after the transaction: not specified in the information provided.
• Footnotes: F1 — shares granted pursuant to the 2020 Equity Incentive Plan as annual compensation for services rendered as a director for the prior year. F2 — price per share calculated using the closing price on July 22, 2026 (day before the annual meeting).
• Filing timeliness: report filed the day after the transaction; filing shows the transaction was reported to the SEC on July 24, 2026.

Context

• This award appears to be routine director compensation rather than a market purchase or a sale. Such grants compensate service and do not necessarily signal the director’s view of the company’s near-term stock prospects.
• For retail investors, purchases or open-market buys can be more informative about insider sentiment; grants are common and often part of standard pay practices.