Hilltop Holdings Inc. files DEF 14A for the period ending July 25, 2024.

Ticker: HTH · Form: DEF 14A · Filed: Apr 29, 2024 · CIK: 1265131

Hilltop Holdings INC. DEF 14A Filing Summary
FieldDetail
CompanyHilltop Holdings INC. (HTH)
Form TypeDEF 14A
Filed DateApr 29, 2024
Risk Levellow
Pages14
Reading Time17 min
Sentimentneutral

Sentiment: neutral

Topics: DEF 14A, Hilltop Holdings, Executive Compensation, Equity Awards, SEC Filing

TL;DR

<b>Hilltop Holdings Inc. has filed its DEF 14A, detailing executive compensation and equity awards for the fiscal year 2023.</b>

AI Summary

Hilltop Holdings Inc. (HTH) filed a Proxy Statement (DEF 14A) with the SEC on April 29, 2024. Hilltop Holdings Inc. filed a DEF 14A with the SEC on April 29, 2024. The filing covers the period ending July 25, 2024. The company's fiscal year ends on December 31. Hilltop Holdings Inc. is classified under SIC code 6022 (State Commercial Banks). The filing includes data related to executive compensation and equity awards for 2023 and 2022.

Why It Matters

For investors and stakeholders tracking Hilltop Holdings Inc., this filing contains several important signals. This DEF 14A filing provides crucial information about executive compensation, including details on equity awards, which is important for shareholders to understand how management is incentivized. The filing's focus on the fiscal year ending December 31, 2023, offers insights into the company's financial and operational performance as reflected in executive remuneration.

Risk Assessment

Risk Level: low — Hilltop Holdings Inc. shows low risk based on this filing. The filing is a routine DEF 14A, which is a standard disclosure for publicly traded companies regarding executive compensation and shareholder meeting matters, posing no unusual risks.

Analyst Insight

Review the executive compensation details and equity award adjustments for 2023 to understand management's incentives and potential impact on future performance.

Key Numbers

Key Players & Entities

FAQ

When did Hilltop Holdings Inc. file this DEF 14A?

Hilltop Holdings Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 29, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Hilltop Holdings Inc. (HTH).

Where can I read the original DEF 14A filing from Hilltop Holdings Inc.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Hilltop Holdings Inc..

What are the key takeaways from Hilltop Holdings Inc.'s DEF 14A?

Hilltop Holdings Inc. filed this DEF 14A on April 29, 2024. Key takeaways: Hilltop Holdings Inc. filed a DEF 14A with the SEC on April 29, 2024.. The filing covers the period ending July 25, 2024.. The company's fiscal year ends on December 31..

Is Hilltop Holdings Inc. a risky investment based on this filing?

Based on this DEF 14A, Hilltop Holdings Inc. presents a relatively low-risk profile. The filing is a routine DEF 14A, which is a standard disclosure for publicly traded companies regarding executive compensation and shareholder meeting matters, posing no unusual risks.

What should investors do after reading Hilltop Holdings Inc.'s DEF 14A?

Review the executive compensation details and equity award adjustments for 2023 to understand management's incentives and potential impact on future performance. The overall sentiment from this filing is neutral.

How does Hilltop Holdings Inc. compare to its industry peers?

Hilltop Holdings Inc. operates within the commercial banking sector, as indicated by its SIC code 6022.

Are there regulatory concerns for Hilltop Holdings Inc.?

The DEF 14A filing is a regulatory requirement under the Securities Exchange Act of 1934, mandating detailed disclosures for proxy solicitations.

Industry Context

Hilltop Holdings Inc. operates within the commercial banking sector, as indicated by its SIC code 6022.

Regulatory Implications

The DEF 14A filing is a regulatory requirement under the Securities Exchange Act of 1934, mandating detailed disclosures for proxy solicitations.

What Investors Should Do

  1. Analyze the executive compensation table for PEO and Non-PEO members for 2023.
  2. Examine the adjustments made to equity awards for both 2023 and 2022.
  3. Note any changes in fair value of outstanding and unvested awards granted in prior years.

Year-Over-Year Comparison

This filing is a DEF 14A, a routine disclosure, and does not appear to represent a change from previous filings of the same type.

Filing Stats: 4,265 words · 17 min read · ~14 pages · Grade level 16.3 · Accepted 2024-04-29 16:45:28

Filing Documents

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 27 Principal Stockholders 27

Security Ownership of Management

Security Ownership of Management 28

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 30 Executive Officers 30 Compensation Discussion and Analysis 32 Executive Summary 33 Compensation Program Philosophy and Objectives 38 Governance Highlights 39 Role of Stockholder Say-On-Pay Votes And Stockholder Engagement 39 Elements of our Executive Compensation Program 40 Compensation of Our Non-Executive Chairman of the Board 48 Severance and Other Post-Termination Arrangements 48

Executive Compensation Process

Executive Compensation Process 52

Executive Compensation Programs and Policies

Executive Compensation Programs and Policies 55 Compensation Committee Report 56 NEO Compensation 57 Narrative Disclosure to Summary Compensation Table and Grants of Plan-Based Awards Table 60 Potential Payments Upon Termination or Change-in-Control 66 Pay Versus Performance 72 CEO Pay Ratio 76 Compensation Committee Interlocks and Insider Participation 76 Delinquent Section 16(a) Reports 77 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 78 PROPOSAL TWO — ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION 82 Vote Necessary to Approve, on a Non-Binding Advisory Basis, Executive Compensation 82 PROPOSAL THREE — RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 83 Vote Necessary to Ratify the Appointment 83 Report of the Audit Committee 83 Independent Auditor's Fees 84 STOCKHOLDER PROPOSALS FOR 2025 86 OTHER MATTERS 86 MULTIPLE STOCKHOLDERS SHARING ONE ADDRESS 87 ANNUAL REPORT 87 ADDITIONAL INFORMATION 87 ANNEX A A- 1 This Proxy Statement includes forward-looking statements. These statements are not historical facts and are based on current expectations, estimates and projections about our industry, management's beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond our control. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, estimates and uncertainties that are difficult to predict. For a discussion of some of the risks and important factors that could affect the Company's future results and financial condition, see "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 and subsequent reports filed with the SEC. GENERAL INFORMATION The Notice of Internet Availability of Proxy Materials, or this Proxy Statement and the accompanying proxy card, as applica

View Full Filing

View this DEF 14A filing on SEC EDGAR

View on Read The Filing