Horace Mann (HMN) director Henry Wade Reece sells 1,359 shares at $51.52
Rhea-AI Filing Summary
Horace Mann Educators Corp. director Henry Wade Reece reported selling 1,359 shares of common stock on 2026-08-12 in an open-market transaction at a weighted average price of $51.522 per share, with individual trades at $51.49 and $51.55. Following this sale, he reports direct ownership of 41,794.981 shares, consisting of 8,869.567 deferred cash restricted stock units and 32,925.414 vested share-based restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,359 shares
Net Sell
1 txn
Insider
Reece Henry Wade
Role
Director
Sold
1,359 shs ($70K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,359 | $51.522 | $70K |
Holdings After Transaction:
Common Stock — 41,794.981 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in two transactions at $51.49 and $51.55.
- F2. Represents 8,869.567 deferred cash restricted stock units and 32,925.414 vested share-based restricted stock units.
Key Figures
Shares sold: 1,359 shares
Weighted average sale price: $51.522 per share
Shares following transaction: 41,794.981 shares
+2 more
5 metrics
Shares sold
1,359 shares
Common stock sale on 2026-08-12
Weighted average sale price
$51.522 per share
Open-market transactions at $51.49 and $51.55
Shares following transaction
41,794.981 shares
Total direct holdings after sale
Deferred cash RSUs
8,869.567 units
Deferred cash restricted stock units included in holdings
Vested share-based RSUs
32,925.414 units
Vested share-based restricted stock units included in holdings
Key Terms
weighted average price, deferred cash restricted stock units, vested share-based restricted stock units
3 terms
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.
deferred cash restricted stock units financial
"Represents 8,869.567 deferred cash restricted stock units and 32,925.414 vested share-based"
FAQ
What did Horace Mann (HMN) director Henry Wade Reece report in this Form 4?
Henry Wade Reece reported a sale of 1,359 shares of Horace Mann common stock on 2026-08-12. The transaction was an open-market sale at a weighted average price, and his updated holdings are also disclosed.
What types of equity awards make up Henry Wade Reece’s post-transaction holdings in HMN?
His reported holdings include 8,869.567 deferred cash restricted stock units and 32,925.414 vested share-based restricted stock units. These equity awards represent different forms of compensation-based stock interests in Horace Mann.
Was the Horace Mann (HMN) insider transaction executed at a single price?
No. The filing states the reported $51.522 figure is a weighted average price. The 1,359 shares were sold in two separate transactions at $51.49 and $51.55 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.