Horace Mann director plans sale of 3,237 shares
HORACE MANN EDUCATORS CORP (HMN) director Perry G. Hines has filed a notice of proposed sale on Form 144 for 3,237 shares of common stock.
Rhea-AI Filing Summary
HORACE MANN EDUCATORS CORP (HMN) director Perry G. Hines has filed a notice of proposed sale on Form 144 for 3,237 shares of common stock. The shares, valued at an aggregate $169,036.14, were acquired from the issuer on May 14, 2026 through Restricted Stock Vesting as compensation and are proposed to be sold on the NYSE on or after September 3, 2026. Fidelity Brokerage Services LLC is listed as the broker, with the form signed by Jared Cook as attorney-in-fact for Hines.
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Key Figures
Shares proposed to be sold: 3,237 shares
Aggregate market value of shares: $169,036.14
Acquisition date of shares: May 14, 2026
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4 metrics
Shares proposed to be sold
3,237 shares
Common stock under Rule 144 notice for Perry G. Hines
Aggregate market value of shares
$169,036.14
Proposed sale of 3,237 HMN common shares
Acquisition date of shares
May 14, 2026
Restricted Stock Vesting from issuer as compensation
Proposed sale date
September 3, 2026
Planned sale of HMN common shares on NYSE
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 05/14/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Perry G. Hines"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What insider transaction did HMN disclose in this Form 144 filing?
The filing reports that director Perry G. Hines plans a proposed sale of 3,237 shares of Horace Mann Educators Corp common stock under Rule 144, through Fidelity Brokerage Services LLC, on or after September 3, 2026.
Who is executing the potential sale for the HMN director in this Form 144?
The proposed sale is to be executed through Fidelity Brokerage Services LLC. The Form 144 is signed by Jared Cook, acting as a duly authorized representative of Fidelity and attorney-in-fact for Perry G. Hines.
AI-generated analysis. How Rhea-AI works. Not financial advice.