Horace Mann (HMN) insider sale of 5,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Marita Zuraitis, President & CEO and a director of Horace Mann Educators Corp (HMN), reported a sale of 5,000 shares of Common Stock on 10/01/2025 at a price of $44.81. The Form 4 states the sale was effected under a Rule 10b5-1 trading plan adopted on 11/18/2024. After the reported transaction, the filing shows beneficial ownership of 293,788.422 shares, which the filer explains represents 212,474.422 vested restricted stock units and 81,314 shares of Common Stock. The Form 4 was signed by an attorney-in-fact on 10/03/2025.
Positive
- Sale executed under a Rule 10b5-1 plan, indicating the transaction follows a pre-established, documented trading arrangement
- Reporting compliance: Form 4 filed and signed promptly (transaction 10/01/2025; signature 10/03/2025)
Negative
- Insider sale of 5,000 shares by the President & CEO may be viewed unfavorably by some investors
- Significant portion of holdings are vested RSUs (212,474.422 vested RSUs), which can convert to sellable shares
Insider Trade Summary
Net Seller: 5,000 shares
Net Sell
1 txn
Insider
ZURAITIS MARITA
Role
President & CEO
Sold
5,000 shs ($224K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $44.81 | $224K |
Holdings After Transaction:
Common Stock — 293,788.422 shares (Direct)
Footnotes (2)
- F1. The sale reported in this Form 4 was effected by a Rule 10b5-1 trading plan adopted by the Reporting Person on November 18, 2024.
- F2. Represents 212,474.422 vested restricted stock units and 81,314 shares of Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did HMN insider Marita Zuraitis report on Form 4?
The Form 4 reports a sale of 5,000 shares at $44.81 on 10/01/2025, executed under a Rule 10b5-1 trading plan adopted on 11/18/2024.
Was the HMN sale pre-planned or a discretionary trade?
According to the Form 4, the sale was effected under a Rule 10b5-1 trading plan, indicating it was pre-established on 11/18/2024.
When was the Form 4 for HMN signed and filed?
The Form 4 shows the signature by an attorney-in-fact on 10/03/2025 following the 10/01/2025 transaction.
What portion of Zuraitis's holdings are vested restricted stock units (RSUs)?
The Form 4 discloses 212,474.422 vested RSUs as part of the total beneficial ownership.