What does the price of $46.77 per share mean in this Horace Mann (HMN) Form 4?

The filing lists a value of $46.77 per share for the 2,780 restricted stock units. This figure reflects the per-share value used for the award on the May 20, 2026 grant date, as disclosed in the transaction details.

Horace Mann (HMN) director granted 2,780 restricted stock units as compensation

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Horace Mann Educators Corp. director Perry G. Hines received an equity compensation award of 2,780 shares of Common Stock in the form of restricted stock units, valued at $46.77 per share on the grant date of May 20, 2026.

According to the filing, these restricted stock units will vest in full on May 20, 2027, meaning they convert into shares if service conditions are met. After this award, Hines holds a total of 28,180.654 equity-based units and shares, consisting of 24,943.654 vested restricted stock units and 3,237 shares of Common Stock held directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Hines Perry G.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,780	$46.77	$130K

Holdings After Transaction: Common Stock — 28,180.654 shares (Direct, null)

Footnotes (1)

The acquisition of Common Stock reported hereby is in the form of restricted stock units which will vest in full on May 20, 2027. Granted as compensation for services. Represents 24,943.654 vested restricted stock units and 3,237 shares of Common Stock.

Key Figures

RSUs granted: 2,780 restricted stock units Grant value per share: $46.77 per share Total holdings after grant: 28,180.654 units and shares +3 more

6 metrics

RSUs granted 2,780 restricted stock units Grant on May 20, 2026 as compensation

Grant value per share $46.77 per share Value for the 2,780 restricted stock units on grant date

Total holdings after grant 28,180.654 units and shares Equity position following the May 20, 2026 award

Vested RSUs held 24,943.654 vested restricted stock units Part of post-transaction holdings

Common shares held 3,237 shares of Common Stock Directly owned after the transaction

Vesting date May 20, 2027 Date when the 2,780 restricted stock units vest in full

Key Terms

restricted stock units, vested restricted stock units, Grant, award, or other acquisition, Common Stock

4 terms

restricted stock units financial

"The acquisition of Common Stock reported hereby is in the form of restricted stock units which will vest in full on May 20, 2027."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vested restricted stock units financial

"Represents 24,943.654 vested restricted stock units and 3,237 shares of Common Stock."

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Common Stock financial

"The acquisition of Common Stock reported hereby is in the form of restricted stock units"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 09:34 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hines Perry G.

(Last)

(First)

(Middle)

14558 STEPHANIE STREET

(Street)

CARMEL

INDIANA

46033

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HORACE MANN EDUCATORS CORP /DE/ [ HMN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock⁽¹⁾	05/20/2026		A		2,780	A	$46.77⁽²⁾	28,180.654⁽³⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The acquisition of Common Stock reported hereby is in the form of restricted stock units which will vest in full on May 20, 2027.

2. Granted as compensation for services.

3. Represents 24,943.654 vested restricted stock units and 3,237 shares of Common Stock.

Remarks:

	Linea K. Michael, Attorney in Fact for Perry G. Hines	05/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Perry G. Hines receive in this Horace Mann (HMN) Form 4 filing?

Perry G. Hines received 2,780 shares of Common Stock as restricted stock units. These were granted as compensation for services and are valued at $46.77 per share on the grant date, according to the Form 4 footnotes.

When do Perry G. Hines’s new restricted stock units in Horace Mann (HMN) vest?

The restricted stock units granted to Perry G. Hines vest in full on May 20, 2027. Vesting means the units convert into actual shares of Common Stock if the service-based conditions described in the filing are satisfied.

Is the Horace Mann (HMN) Form 4 transaction an open-market stock purchase?

No, the Form 4 reports a grant, not an open-market purchase. The 2,780 shares are restricted stock units granted as compensation for services, rather than shares bought by Perry G. Hines in the open market.

How many Horace Mann (HMN) shares and units does Perry G. Hines hold after this grant?

After the grant, Perry G. Hines holds 28,180.654 equity-based units and shares. This consists of 24,943.654 vested restricted stock units and 3,237 shares of Common Stock, all reported as directly owned.