Company: HIG-PG
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0000874766-25-000040
Chunk: 58

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 58
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 for 2024, as reflected in the “Non-Equity Incentive Plan Compensation” column of the Summary Compensation Table on page 53 .

Involuntary Termination – Not For Cause, or a Termination For Good Reason, Within Two Years Following a Change of Control. Each NEO would be eligible for a pro rata portion of their 2024 AIP award, commensurate with amounts received by the executives who did not terminate employment. The amounts shown represent the actual award payable for 2024, as reflected in the “Non-Equity Incentive Plan Compensation” column of the Summary Compensation Table on page 53 .

Involuntary Termination For Cause. No AIP award would be payable.

Death or Disability. Each NEO would receive a 2024 AIP award comparable to the award that would have been paid had they been subject to an involuntary termination (not for Cause).

(2)Accelerated Stock Option Vesting

Voluntary Termination or Retirement . For a voluntary termination, all unvested options would be canceled, unless the Compensation Committee determined otherwise. Each NEO would be entitled to exercise stock options vested as of the date of their termination of employment within the four month period following termination of employment but not beyond the scheduled expiration date.

If the NEO is retirement eligible, unvested stock options would immediately vest. Vested options would need to be exercised no later than the scheduled expiration date. All of the NEOs except for Mr. Tooker and Ms. Soni were eligible for retirement treatment as of December 31, 2024 on their 2022, 2023 and 2024 option awards.

Involuntary Termination – Not For Cause . Each NEO would be entitled to pro rata vesting of unvested stock options as long as the options had been outstanding for at least one year from the date of grant. Stock options vested as of the date of termination of employment would need to be exercised within the four month period following termination of employment but not beyond the scheduled expiration date.

If the NEO is retirement eligible, unvested stock options would immediately vest. Vested options would need to be exercised no later than the scheduled expiration date. All of the NEOs except for Mr. Tooker and Ms. Soni were eligible for retirement treatment as of December 31, 2024 on their 2022, 2023, and 2024 option awards.

Change of Control . Stock options would not automatically vest upon a Change of Control so long