Horace Mann (HMN) vice president granted 1,722 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Horace Mann Educators Corp. reported that Vice President Jennifer L. McGinnis acquired 1,722 shares of Common Stock in the form of restricted stock units. These units were granted at no cash purchase price and will vest in three equal annual installments beginning on March 4, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McGinnis Jennifer L
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,722 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Horace Mann (HMN) report for Jennifer L. McGinnis?
Horace Mann reported that Vice President Jennifer L. McGinnis received 1,722 shares of Common Stock as a grant of restricted stock units. The award is classified as an acquisition under code A, reflecting a grant, award, or other acquisition rather than an open-market purchase.
How many restricted stock units did HMN grant to Jennifer L. McGinnis?
Jennifer L. McGinnis was granted 1,722 restricted stock units tied to Horace Mann common stock. The grant was recorded with a per-share transaction price of $0.0000, indicating it was an equity award rather than a cash purchase in the open market.
What is the vesting schedule for Jennifer L. McGinnis’s restricted stock units at Horace Mann?
The 1,722 restricted stock units granted to Jennifer L. McGinnis will vest in three equal annual installments. Vesting begins on March 4, 2027, meaning one-third of the award becomes transferable each year over a three-year period starting on that date.
Was the HMN transaction by Jennifer L. McGinnis a stock purchase or an equity award?
The transaction was an equity award, not a market purchase. It is coded as an acquisition under transaction code A and described as restricted stock units granted with a transaction price of $0.0000 per share, reflecting compensation rather than an out-of-pocket investment.
What position does Jennifer L. McGinnis hold at Horace Mann (HMN) in this Form 4 filing?
In this Form 4, Jennifer L. McGinnis is identified as an officer of Horace Mann, serving as a Vice President. The filing records her receipt of restricted stock units as part of her compensation in the form of Common Stock-based awards.