Horace Mann (HMN) insider sale of 5,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
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 ($224,050)
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 (1)
- 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. Represents 212,474.422 vested restricted stock units and 81,314 shares of Common Stock.
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.