Horace Mann (NYSE: HMN) SVP receives new restricted stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Horace Mann Educators Corp. Senior Vice President Derik Tyson Sanders reported equity awards in the form of restricted stock units tied to the company’s common stock.
On March 4, 2026, he acquired 2,295 restricted stock units that will vest in three equal annual installments beginning March 4, 2027, and 1,913.378 restricted stock units that are fully vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sanders Derik Tyson
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,295 | $0.00 | -- |
| Grant/Award | Common Stock | 1,913.378 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (1)
- The acquisition of Common Stock reported hereby is in the form of restricted stock units which will vest in three equal annual installments beginning March 4, 2027. The acquisition of Common Stock reported hereby is in the form of restricted stock units which are fully vested.
FAQ
What insider transaction did HMN executive Derik Tyson Sanders report?
He reported acquiring restricted stock units of Horace Mann common stock. The Form 4 shows two equity awards granted on March 4, 2026, increasing his direct stock-based compensation through both time-vested and fully vested restricted stock units.
How many restricted stock units did the HMN SVP receive on March 4, 2026?
He received two separate restricted stock unit grants. One award covers 2,295 units with future vesting, while another covers 1,913.378 units that are immediately fully vested, both linked to Horace Mann common stock as part of his compensation.
What are the vesting terms for Derik Tyson Sanders’s new HMN restricted stock units?
The 2,295 restricted stock units will vest in three equal annual installments starting March 4, 2027. A separate award of 1,913.378 restricted stock units is fully vested immediately, meaning those units are not subject to future service-based vesting conditions.
Is the Horace Mann SVP’s March 2026 Form 4 a stock purchase or an award?
It reflects stock awards, not an open-market purchase. The filing identifies both transactions as grant or award acquisitions of restricted stock units with a reported price of $0.0000 per share, indicating compensation-based equity rather than a cash share purchase.
Does the HMN Form 4 show any insider stock sales by Derik Tyson Sanders?
No, the Form 4 only reports acquisitions. Both transactions are coded as awards of restricted stock units with an "A" transaction code, and the summarized data show acquire events but no dispositions or sales reported for this date.