The Hartford (HIG) Protective Put Calculator
Calculator · free · no signup · HIGPrice a protective put, zero-cost collar, or put spread on The Hartford. Annual cost, max loss, upside cap, tax treatment, auto-filled from current HIG option chain.
AlphaLatitude Inc. · Free ToolsOur tools respect your browsing privacy. Independently verified:
You priced one hedge. The beta picks the right hedge structure given your full equity stack and tax situation.
Request beta access →Related calculators: Stock Concentration Calculator
About The Hartford
The Hartford (HIG) is a public Fintech company, incorporated in Delaware and headquartered in Hartford, CT.
Last close: $126.05 per share (as of 2026-10-03).
Equity grants at The Hartford typically include restricted stock units (RSUs).
The Hartford Insurance Group, Inc., known as The Hartford, is a U.S.-based insurance company. The Hartford is a Fortune 500 company headquartered in its namesake city of Hartford, Connecticut. It was ranked 162nd in Fortune 500 in 2024. The Hartford is a leader in property and casualty insurance, employee benefits and mutual funds. It sells products primarily through a network of agents and brokers, and has also been the auto and home insurance writer for AARP members for more than 40 years.
Source: Wikipedia (CC BY-SA 4.0)
Chartered in 1810, the company writes property and casualty insurance with an unusually heavy weighting toward small and mid-sized commercial accounts, alongside group benefits and employee disability coverage. Underwriting discipline rather than premium growth is the stated priority, and the combined ratio is the number management is measured on. Workers compensation exposure ties results to wage inflation and medical cost trends. Investment income on reserves contributes materially when rates are higher. Headquarters are in Hartford, Connecticut.
Sources: sec.gov · en.wikipedia.org
Equity comp at The Hartford
- The Hartford’s Incentive Stock Plan (2014 Incentive Stock Plan, continued under the 2020 plan) uses a double-trigger change of control structure for RSUs and other equity awards. A double trigger means acceleration needs two events: a change of control of the company, plus a qualifying termination, either the equity holder is fired without "Cause" or resigns for "Good Reason," within two years after that change of control. If the acquirer assumes or replaces the awards with equivalent ones, unvested RSUs keep vesting on the normal schedule unless that second termination event happens. If the acquirer does NOT assume or replace the awards, they vest immediately upon the change of control itself (a single-trigger fallback that only applies when continuity of the award is not preserved).
- RSUs use double-trigger vesting. Two things must both happen before the shares are yours: (1) the normal time-based vesting completes, and (2) the company has a liquidity event (an IPO or an acquisition). Until both happen, you do not yet own the shares and you do not owe tax on them.
Sources: sec.gov · sec.gov · ewcstatic.thehartford.com
Researched 2026-08-26.
OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by The Hartford.
A protective put caps your downside on the HIG position at a chosen floor; a zero-cost collar pays for that floor by capping the upside. This calculator prices both structures off the current HIG option chain, with annual cost, max loss, and tax-treatment notes.
Example: a 5,000-share HIG position at $126.05 is worth $630,250. A 1-year 30%-OTM put on that position typically runs 2-4% of position value per year (about $12,605 to $25,210) before any premium offset from a short call. The calculator prices both structures off HIG's current option chain so you see the actual cost for your chosen floor, tenor, and cap.
All The Hartford tools → · Use the generic Protect Your Stock Calculator for any company.
The Hartford equity questions
- How much does it cost to hedge HIG stock?
- The cost of a protective put depends on how far below the current price you set the floor, how long the protection lasts, and HIG's option-implied volatility. A zero-cost collar lowers that cost by selling away some upside. The calculator above prices both structures off the current HIG option chain and shows the annual cost, maximum loss, and tax treatment.
- Does The Hartford grant ISOs, NSOs, or RSUs?
- Equity compensation at The Hartford typically takes the form of restricted stock units (RSUs). Restricted stock units are taxed as ordinary income when they vest.
- Do The Hartford RSUs use double-trigger vesting?
- Yes. The Hartford restricted stock units (RSUs) vest only when two things both happen: the time-based schedule completes, and the company has a liquidity event such as an initial public offering (IPO) or an acquisition. Until both occur you do not own the shares and owe no tax on them.
Find another companyFintech peers
One piece of the puzzle.
OptionsAhoy plans your The Hartford equity alongside hedging, vesting, and de-concentration, across bullish, neutral, and bearish market scenarios. Free during beta.