Horace Mann director granted 2,780 RSUs
Reece Henry Wade reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Reece Henry Wade reported acquisition or exercise transactions in this Form 4 filing.
Horace Mann Educators Corp. director Henry Wade Reece received an award of 2,780 shares of Common Stock in the form of restricted stock units valued at $46.77 per share. These units were granted as compensation for services and will vest in full on May 20, 2027.
After this grant, Reece’s reported holdings total 42,864.686 units, including 34,056.512 vested share-based restricted stock units and 8,808.174 deferred cash restricted stock units. This filing reflects a compensation-related equity award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,780 | $46.77 | $130K |
Footnotes (3)
- F1. The acquisition of Common Stock reported hereby is in the form of share-based restricted stock units which will vest in full on May 20, 2027.
- F2. Granted as compensation for services.
- F3. Represents 34,056.512 vested share-based restricted stock units and 8,808.174 deferred cash restricted stock units.
Key Figures
Key Terms
restricted stock units financial
deferred cash restricted stock units financial
grant, award, or other acquisition financial
equity-based compensation financial
FAQ
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What did Horace Mann (HMN) director Henry Wade Reece report in this Form 4?
Was the Horace Mann (HMN) Form 4 transaction an open-market stock purchase?
When do the newly granted Horace Mann (HMN) restricted stock units vest?
What type of compensation is disclosed in this Horace Mann (HMN) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.