Horace Mann (HMN) CEO sells 7,500 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Horace Mann Educators Corp. President & CEO Marita Zuraitis sold 7,500 shares of Common Stock in an open-market transaction. The shares were sold at a weighted average price of $46.246 per share under a Rule 10b5-1 trading plan adopted on December 23, 2025.
Following this sale, Zuraitis directly holds a total of 307,811.55 shares, consisting of 215,890.55 vested restricted stock units and 91,921 shares of Common Stock. The sale was executed in multiple trades at prices ranging from $46.00 to $46.43.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 7,500 shares ($346,845)
Net Sell
1 txn
Insider
ZURAITIS MARITA
Role
President & CEO
Sold
7,500 shs ($347K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,500 | $46.246 | $347K |
Holdings After Transaction:
Common Stock — 307,811.55 shares (Direct, null)
Footnotes (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 $46.43. Represents 215,890.550 vested restricted stock units and 91,921 shares of Common Stock.
Key Figures
Shares sold: 7,500 shares
Weighted average sale price: $46.246 per share
Sale price range: $46.00 to $46.43 per share
+4 more
7 metrics
Shares sold
7,500 shares
Open-market sale of common stock
Weighted average sale price
$46.246 per share
Average price for 7,500 shares sold
Sale price range
$46.00 to $46.43 per share
Range of execution prices for the sale
Shares held after transaction
307,811.55 shares
Total direct holdings following the sale
Vested RSUs held
215,890.55 units
Portion of post-transaction holdings in vested restricted stock units
Common shares held
91,921 shares
Common stock portion of post-transaction holdings
Trading plan adoption date
December 23, 2025
Adoption date of Rule 10b5-1 plan governing this sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, restricted stock units, open-market sale
4 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."
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 215,890.550 vested restricted stock units and 91,921 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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did HMN CEO Marita Zuraitis report?
Marita Zuraitis reported selling 7,500 shares of Horace Mann common stock. The open-market sale occurred at a weighted average price of $46.246 per share, under a pre-arranged Rule 10b5-1 trading plan adopted on December 23, 2025.
Was the HMN CEO’s stock sale made under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan. That plan was adopted by Marita Zuraitis on December 23, 2025, indicating the transaction was pre-arranged rather than a discretionary trade.
What type of security was involved in the latest HMN insider sale?
The transaction involved Horace Mann common stock. The CEO sold 7,500 common shares in an open-market transaction, while her remaining direct holdings include both vested restricted stock units and additional shares of common stock.
How is the CEO’s remaining HMN position structured after the transaction?
Post-transaction, the CEO’s direct holdings total 307,811.55 shares. The filing breaks this into 215,890.55 vested restricted stock units, which represent share-based awards, and 91,921 shares of Horace Mann common stock.