Beth Ann Costello Form 4 HARTFORD FINANCIAL SERVICES / Beth Ann Costello ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Costello Beth Ann

(Last) (First) (Middle)

ONE HARTFORD PLAZA

(Street)

HARTFORD CT 06155

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HARTFORD FINANCIAL SERVICES GROUP, INC. [ HIG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP and CFO

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/08/2024		M		72,076	A	$43.59	141,244.618	D
Common Stock	05/08/2024		S(1)		36,038	D	$99.7166(2)	105,206.618	D
Common Stock	05/08/2024		S(1)		36,038	D	$99.6998(3)	69,168.618	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	$43.59	05/08/2024		M			72,076	(4)	03/01/2026	Common Stock	72,076	$0.0000	0.0000	D
Stock Option	$48.89							(5)	02/28/2027	Common Stock	70,679		70,679	D
Stock Option	$49.01							(6)	02/26/2029	Common Stock	75,790		75,790	D
Stock Option	$51.87							(7)	02/23/2031	Common Stock	67,204		67,204	D
Stock Option	$53.81							(8)	02/27/2028	Common Stock	63,194		63,194	D
Stock Option	$55.27							(9)	02/25/2030	Common Stock	71,318		71,318	D
Stock Option	$69.41							(10)	02/23/2032	Common Stock	75,483		75,483	D
Stock Option	$78.28							(11)	02/28/2033	Common Stock	57,492		57,492	D
Stock Option	$95.74							(12)	02/27/2034	Common Stock	25,223		25,223	D

Explanation of Responses:

1. The transaction reported on this Form 4 was effected pursuant to a trading plan previously adopted by Ms. Costello on February 8, 2024, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.

2. Price reflected is the weighted average sale price for shares sold. The range of sales prices for the transactions reported was $99.39 - $100.11 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

3. Price reflected is the weighted average sale price for shares sold. The range of sales prices for the transactions reported was $99.46 - $100.14 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

4. The options became fully exercisable on March 1, 2019, the third anniversary of the grant date.

5. The options became fully exercisable on February 28, 2020, the third anniversary of the grant date.

6. The options became fully exercisable on February 26, 2022, the third anniversary of the grant date.

7. The options became fully exercisable on February 23, 2024, the third anniversary of the grant date.

8. The options became fully exercisable on February 27, 2021, the third anniversary of the grant date.

9. The options became fully exercisable on February 25, 2023, the third anniversary of the grant date.

10. One-third of the options became exercisable on February 23, 2023, an additional one-third of the options became exercisable on February 23, 2024 and the remaining one-third of the options will become exercisable on February 23, 2025, the third anniversary of the grant date.

11. One-third of the options became exercisable on February 28, 2024, an additional one-third of the options will become exercisable on February 28, 2025 and the remaining one-third of the options will become exercisable on February 28, 2026, the third anniversary of the grant date.

12. One-third of the options will become exercisable on February 27, 2025, an additional one-third of the options will become exercisable on February 27, 2026 and the remaining one-third of the options will become exercisable on February 27, 2027, the third anniversary of the grant date.

	Anthony J. Salerno, Jr., Attorney-in-Fact	05/10/2024
	** Signature of Reporting Person	Date
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