Hartford Insurance Group, Inc 8-K, filed May 2, 2023
Hartford Insurance Group, Inc. (HIG)
About this 8-K
Hartford Insurance Group, Inc filed this 8-K on May 2, 2023.
Items reported
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| Item 9.01 | Financial Statements and Exhibits |
On May 2, 2023, The Hartford Financial Services Group, Inc. (the “Company”), through Hartford Accident and Indemnity Company, an indirect wholly-owned subsidiary of the Company, made a donation of 215,000 shares of its common stock, par value $0.01 per share (the “Common Stock”), to HFPG, Inc., an affiliate of Hartford Foundation for Public Giving, in furtherance of the Company’s philanthropic goals. As a result, the Company has registered 215,000 shares of its Common Stock with the United States Securities and Exchange Commission under its Registration Statement on Form S-3 (No. 333-262879) for purposes of potential resale by HFPG, Inc., and is filing hereby certain related exhibits.
| Exhibit |
Description | |
| 5.1 | Opinion of Cleary Gottlieb Steen & Hamilton LLP. | |
| 23.1 | Consent of Cleary Gottlieb Steen & Hamilton LLP (included in Exhibit 5.1). | |
| 101 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. | |
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBR | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| THE HARTFORD FINANCIAL SERVICES GROUP, INC. (Registrant) | ||||||
| May 2, 2023 | By: | /s/ Donald C. Hunt | ||||
| Name: | Donald C. Hunt | |||||
| Title: | Senior Vice President and Corporate Secretary | |||||
Exhibit 5.1
D: +1 212 225 2650
cbrod@cgsh.com
May 2, 2023
The Hartford Financial Services Group, Inc.
One Hartford Plaza
Hartford, Connecticut 06155
We have acted as special counsel to The Hartford Financial Services Group, Inc., a Delaware corporation (the “Company”), in connection with the registration for resale by HFPG, Inc. (the “Selling Stockholder”) of 215,000 shares (the “Resale Shares”) of common stock of the Company, par value $0.01 per share (the “Common Stock”), pursuant to the Company’s registration statement on Form S-3 (No. 333-262879). Such registration statement, as amended as of its most recent effective date (May 2, 2023), insofar as it relates to the Resale Shares (as determined for purposes of Rule 430B(f)(2) under the Securities Act of 1933, as amended (the “Securities Act”)), including the documents incorporated by reference therein but excluding Exhibit 25.01, is herein called the “Registration Statement;” the related prospectus dated February 22, 2022, included in the Registration Statement filed with the Securities and Exchange Commission (the “Commission”) under the Securities Act, including the documents incorporated by reference therein, is herein called the “Base Prospectus;” and the related prospectus supplement dated May 2, 2023, as filed with the Commission pursuant to Rule 424(b) under the Securities Act, including the documents incorporated by reference therein, is herein called the “Final Prospectus Supplement.” The Base Prospectus and the Final Prospectus Supplement together are herein called the “Final Prospectus.”
In arriving at the opinion expressed below, we have reviewed the following documents:
| (a) | the Registration Statement; |
| (b) | the Final Prospectus; |
| (c) | a specimen of the Common Stock, filed as an exhibit to the Registration Statement; |
| (d) | a certificate of the corporate secretary of the Company dated the date hereof; and |
The Hartford Financial Services Group, Inc., p. 2
| (e) | copies of the Company’s Restated Certificate of Incorporation and Amended and Restated By-Laws certified by the Secretary of State of the State of Delaware and the corporate secretary of the Company, respectively. |
In addition, we have reviewed the originals or copies certified or otherwise identified to our satisfaction of all such corporate records of the Company and such other documents, and we have made such investigations of law, as we have deemed appropriate as a basis for the opinion expressed below.
In rendering the opinion expressed below, we have assumed the authenticity of all documents submitted to us as originals and the conformity to the originals of all documents submitted to us as copies. In addition, we have assumed and have not verified the accuracy as to factual matters of each document we have reviewed.
Based on the foregoing, and subject to the further qualification set forth below, it is our opinion that the Resale Shares have been validly issued by the Company and are fully paid and nonassessable.
The foregoing opinion is limited to the General Corporation Law of the State of Delaware (excluding for such purposes any matter relating to the insurance laws and regulations of such State).
We hereby consent to the use of our name in the Final Prospectus under the heading “Validity of the Common Stock,” as counsel for the Company who has passed on the validity of the Resale Shares, and as having prepared this opinion, and to the use of this opinion as Exhibit 5.1 to the Company’s Current Report on Form 8-K, dated May 2, 2023. In giving such consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the Rules and Regulations of the Commission thereunder.
| Very truly yours, | ||
| CLEARY GOTTLIEB STEEN & HAMILTON LLP | ||
| By | /s/ Craig B. Brod | |
| Craig B. Brod, a Partner | ||