FORD GERALD J 4

What Happened
Gerald J. Ford, reported as a 10% owner of Hilltop Holdings Inc. (HTH), sold 259,771 shares in a sale reported on Form 4. The shares are reported at $37.98 per share, for a total transaction value of $9,866,960. The sale is reported as an open-market or private sale (transaction code S) and therefore represents a disposition of holdings rather than a purchase.

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 9, 2026.
• Price: $37.98 per share (footnote F1 states this is the VWAP over the five trading days ended March 4, 2026).
• Shares sold/disposed: 259,771; aggregate value: $9,866,960.
• Shares owned after transaction: not disclosed in the provided excerpt.
• Filing/ownership notes: joint filing by Mr. Ford and related entities (Diamond HTH Stock Company LP, Diamond HTH Stock Company GP, LLC, Diamond A Financial, L.P., and Turtle Creek Revocable Trust) per footnotes F2–F3; footnote F4 disclaims beneficial ownership except to extent of pecuniary interest; F5 notes possible group filing considerations.
• No option exercise, award, or tax-withholding code reported — this was a straight sale (S).

Context

• This was a sale by a 10% owner (institutional/major holder), not an indicated purchase by company management; such dispositions are common and do not by themselves imply company outlook.
• Footnote F1 explains the $37.98 price is a five-day VWAP rather than the exact trade price; footnotes F2–F7 explain the ownership structure and joint filing.
• Investors who track insider timing should note the Form 4 was filed four days after the transaction date; Section 16 filings are generally due within two business days, so check the full filing for any tardiness disclosure or exemptions.