Horace Mann Educators (NYSE: HMN) CEO sells 7,500 shares in 10b5-1 plan
Rhea-AI Filing Summary
Horace Mann Educators Corp. President & CEO Marita Zuraitis sold 7,500 shares of Common Stock on August 3, 2026 at a weighted average price of $52.033 per share, in transactions priced between $51.59 and $52.59, under a Rule 10b5-1 trading plan adopted on December 23, 2025. Following the sale, she directly holds 307,129.305 shares, including 217,395.305 vested restricted stock units and 89,734 shares of Common Stock.
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Insider Trade Summary 10b5-1
Net Seller: 7,500 shares
Net Sell
1 txn
Insider
ZURAITIS MARITA
Role
President & CEO
Sold
7,500 shs ($390K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 7,500 | $52.033 | $390K |
Holdings After Transaction:
Common Stock — 307,129.305 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.59 to $52.59.
- F3. Represents 217,395.305 vested restricted stock units and 89,734 shares of Common Stock.
Key Figures
Shares sold: 7,500 shares
Weighted average sale price: $52.033 per share
Sale price range: $51.59–$52.59 per share
+3 more
6 metrics
Shares sold
7,500 shares
Common Stock sale on August 3, 2026
Weighted average sale price
$52.033 per share
Average price for 7,500 shares sold
Sale price range
$51.59–$52.59 per share
Range of prices for multiple sale transactions
Shares held after transaction
307,129.305 shares
Direct holdings following August 3, 2026 sale
Vested RSUs held
217,395.305 units
Vested restricted stock units included in post-transaction holdings
Common shares held
89,734 shares
Common Stock included in post-transaction holdings
Key Terms
Rule 10b5-1 trading plan, weighted average price, restricted stock units
3 terms
Rule 10b5-1 trading plan financial
"The sale reported in this Form 4 was effected by a Rule 10b5-1 trading plan adopted"
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 217,395.305 vested restricted stock units and 89,734 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transaction did HMN report for CEO Marita Zuraitis?
CEO Marita Zuraitis sold 7,500 shares of Common Stock on August 3, 2026. The sale was reported at a $52.033 weighted average price per share and executed under a pre-established Rule 10b5-1 trading plan adopted on December 23, 2025.
Was the HMN CEO stock sale made under a Rule 10b5-1 trading plan?
Yes. The Form 4 notes the sale was effected under a Rule 10b5-1 trading plan adopted by Marita Zuraitis on December 23, 2025. Such plans prearrange trading parameters, helping separate trading decisions from subsequent market-sensitive information.
What type of securities were involved in the HMN CEO's reported transaction?
The reported transaction involved Common Stock of Horace Mann Educators Corp. After the sale, Marita Zuraitis’ direct holdings comprise both shares of Common Stock and vested restricted stock units, totaling 307,129.305 share-equivalent interests.