Small Rule 10b5-1 stock sale by Horace Mann (NYSE: HMN) CEO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Horace Mann Educators President & CEO Marita Zuraitis reported a small open-market sale of 14 shares of common stock at a weighted average price of $46.151 per share under a pre-arranged Rule 10b5-1 trading plan. After the sale, she holds 315,311.55 shares, consisting of 215,890.55 vested restricted stock units and 99,421 shares of common stock, indicating the transaction is minor relative to her overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 14 shares ($646)
Net Sell
1 txn
Insider
ZURAITIS MARITA
Role
President & CEO
Sold
14 shs ($646.11)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14 | $46.151 | $646.11 |
Holdings After Transaction:
Common Stock — 315,311.55 shares (Direct, null)
Footnotes (1)
- The sale reported in this Form 4 was effected by a Rule 10b5-1 trading plan adopted by the Reporting Person on December 23, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.04 to $46.36. Represents 215,890.550 vested restricted stock units and 99,421 shares of Common Stock.
Key Figures
Shares sold: 14 shares
Weighted average sale price: $46.151 per share
Holdings after transaction: 315,311.55 shares
+2 more
5 metrics
Shares sold
14 shares
Open-market sale of common stock on May 19, 2026
Weighted average sale price
$46.151 per share
Common stock sale price, multiple trades $46.04–$46.36
Holdings after transaction
315,311.55 shares
Total beneficial ownership following the sale
Vested RSUs held
215,890.55 units
Portion of post-transaction holdings as vested restricted stock units
Common shares held
99,421 shares
Portion of post-transaction holdings as common stock
Key Terms
Rule 10b5-1 trading plan, weighted average price, restricted stock units, open-market sale
4 terms
Rule 10b5-1 trading plan financial
"The sale reported in this Form 4 was effected by a Rule 10b5-1 trading plan adopted by the Reporting Person on December 23, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units financial
"Represents 215,890.550 vested restricted stock units and 99,421 shares of Common Stock."
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Horace Mann (HMN) report for CEO Marita Zuraitis?
Horace Mann reported that President & CEO Marita Zuraitis sold 14 shares of common stock in an open-market transaction. The sale was executed at a weighted average price of $46.151 per share under a pre-arranged Rule 10b5-1 trading plan.
Was the Horace Mann (HMN) CEO’s stock sale under a Rule 10b5-1 plan?
Yes. A footnote explains the sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person on December 23, 2025. Such plans schedule trades in advance, making them more routine and less timing-driven.
Does this Horace Mann (HMN) Form 4 involve derivative securities or options?
No derivative securities are reported in this Form 4. The transaction involves only common stock, and the derivativeSummary is empty, indicating no option exercises, conversions, or other derivative transactions were disclosed in this particular filing.