Horace Mann (NYSE: HMN) CEO trims stake via Rule 10b5-1 plan

Rhea-AI Filing Summary

Horace Mann Educators Corp. President & CEO Marita Zuraitis reported small open-market stock sales executed under a pre-arranged Rule 10b5-1 trading plan. She sold a total of 405 shares of common stock at weighted average prices around $46 per share and continues to directly hold 315,325.55 shares, consisting of vested restricted stock units and common stock.

Insider Trade Summary 10b5-1

Net Seller: 405 shares ($18,640)

Net Sell 2 txns

Insider ZURAITIS MARITA

Role President & CEO

Sold 405 shs ($19K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2	$46.145	$92.29
Sale	Common Stock	403	$46.025	$19K

Holdings After Transaction: Common Stock — 315,325.55 shares (Direct, null)

Footnotes (1)

1. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.00 to $46.14. Represents 215,890.550 vested restricted stock units and 99,437 shares of Common Stock. The price reported in Column 4 is a weighted average price. These shares were sold in two transactions at $46.07 and $46.22. Represents 215,890.550 vested restricted stock units and 99,435 shares of Common Stock.

Key Figures

Shares sold total: 405 shares Sale price (403 shares lot): $46.025 per share Sale price (2 shares lot): $46.145 per share +3 more

6 metrics

Shares sold total 405 shares Open-market common stock sales reported on Form 4

Sale price (403 shares lot) $46.025 per share Weighted average price for 403-share sale on 2026-05-05

Sale price (2 shares lot) $46.145 per share Weighted average price for 2-share sale on 2026-05-06

Shares held after trades 315,325.55 shares Direct holdings after reported transactions

Vested RSUs within holdings 215,890.55 units Part of CEO’s direct equity position

Common stock within holdings 99,435 shares Common shares directly held by CEO

Key Terms

Rule 10b5-1 trading plan, weighted average price, vested 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 by the Reporting Person on December 23, 2025."

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. These shares were sold in multiple transactions at prices ranging from $46.00 to $46.14."

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.

vested restricted stock units financial

"Represents 215,890.550 vested restricted stock units and 99,435 shares of Common Stock."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ZURAITIS MARITA

(Last) (First) (Middle)

1 HORACE MANN PLAZA

(Street)

SPRINGFIELD ILLINOIS 62715

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HORACE MANN EDUCATORS CORP /DE/ [ HMN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	05/05/2026		S		403	D	$46.025(2)	315,327.55(3)	D
Common Stock(1)	05/06/2026		S		2	D	$46.145(4)	315,325.55(5)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.00 to $46.14.

3. Represents 215,890.550 vested restricted stock units and 99,437 shares of Common Stock.

4. The price reported in Column 4 is a weighted average price. These shares were sold in two transactions at $46.07 and $46.22.

5. Represents 215,890.550 vested restricted stock units and 99,435 shares of Common Stock.

Remarks:

	Linea K. Michael, Attorney in Fact for Marita Zuraitis	05/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Horace Mann (HMN) CEO Marita Zuraitis report?

Horace Mann CEO Marita Zuraitis reported small open-market sales of company common stock. The filing shows two transactions totaling 405 shares sold, carried out under a pre-arranged Rule 10b5-1 trading plan, which is designed to systematize trades over time.

How many Horace Mann (HMN) shares did the CEO sell and at what prices?

The CEO sold 405 shares of Horace Mann common stock in total. One 403-share lot had a weighted average price of $46.025, and a separate 2-share sale had a weighted average price of $46.145, reflecting multiple executions within narrow price ranges.

How many Horace Mann (HMN) shares does the CEO hold after these transactions?

After the reported sales, the CEO directly holds 315,325.55 shares. According to the filing, this position includes 215,890.55 vested restricted stock units and 99,435 shares of common stock, indicating she retains a substantial equity stake in Horace Mann Educators Corp.

Were the Horace Mann (HMN) CEO’s stock sales made under a Rule 10b5-1 plan?

Yes. The filing states the sale was effected by a Rule 10b5-1 trading plan adopted on December 23, 2025. Such plans pre-schedule trades, helping separate routine portfolio management from discretionary market-timing decisions by insiders like the CEO.

Does the Horace Mann (HMN) Form 4 show any option exercises or derivative transactions?

No derivative transactions are reported in this Form 4. The transactions disclosed involve only common stock sales, and the derivative transaction count in the summary is zero, indicating no option exercises, conversions, or other derivative-related moves in this specific filing.