Thompson Steve B 4
Research Summary
AI-generated summary
Hilltop (HTH) PrimeLending CEO Steve Thompson Receives RSU Award
What Happened
- Steve B. Thompson, President and CEO of PrimeLending (a Hilltop Holdings subsidiary), was granted 9,910 restricted stock units (RSUs) on February 11, 2026. The award was reported as an acquisition at $0.00 per unit (no cash outlay); total reported acquisition value = $0.
- This is an award/compensation grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-11; Filing date: 2026-02-13 (filed within the typical 2-business-day Form 4 window).
- Award size and price: 9,910 RSUs granted @ $0.00 (no cash paid).
- Shares owned after transaction: Not specified in the filing.
- Footnote: The RSUs vest on the third anniversary of the grant (February 11, 2029). Shares deliverable upon vesting will remain restricted from transfer until the first anniversary of the vesting date (February 11, 2030), unless earlier events in the award agreement occur.
Context
- RSU grants are a form of deferred compensation: the recipient receives the right to receive shares in the future (subject to vesting and transfer restrictions). They do not indicate an immediate purchase or sale of stock and typically reflect compensation/retention rather than an insider market signal.