[Form 4] Horace Mann Educators Corporation Insider Trading Activity

Rhea-AI Filing Summary

Donald M. Carley, General Counsel of Horace Mann Educators Corp (HMN), reported a sale of 3,500 shares of common stock on 08/22/2025 at a price of $45.94 per share. After the sale, he beneficially owned 22,091.563 shares, comprised of 14,678.563 vested restricted stock units and 7,413 shares of common stock. The Form 4 was signed by an attorney-in-fact on 08/26/2025. The filing is a single-person Form 4 and does not include derivative transactions.

Positive

• Complete disclosure of transaction date, price, shares sold, and post-transaction beneficial ownership
• Clear breakdown showing vested restricted stock units and outright shares making up total holdings

Negative

• Insider sale of 3,500 shares reduces reported beneficial ownership (may be viewed negatively by some investors)

Insights

Securities Analyst

TL;DR: Insider sale of 3,500 shares at $45.94 reduces holdings to 22,091.563 shares; transaction appears routine and non-derivative.

The reported sale on 08/22/2025 disposes of 3,500 common shares, leaving the reporting person with disclosed beneficial ownership split between vested RSUs and outright shares. The transaction is coded as a sale (S) and no options, warrants, or other derivative activity are reported. The amount retained (22,091.563 shares) is explicitly quantified, allowing investors to see remaining insider exposure. The form is executed by an attorney-in-fact and contains clear explanatory detail about the composition of holdings.

Corporate Governance Expert

TL;DR: A routine insider sale by General Counsel; disclosure is complete and includes composition of post-sale holdings.

The Form 4 discloses required information: transaction date, price, number of shares sold, and resultant beneficial ownership including vested RSUs. There is no amendment indicated and no joint filing. Execution by an attorney-in-fact is noted, which is acceptable when properly authorized. No red flags such as undisclosed derivatives or large ownership shifts are present in the filing.

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
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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).

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^*

Carley Donald M

(Last) (First) (Middle)

1 HORACE MANN PLAZA

(Street)

SPRINGFIELD IL 62715

(City) (State) (Zip)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

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

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

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

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	08/22/2025		S		3,500	D	$45.94	22,091.563(1)	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. Represents 14,678.563 vested restricted stock units and 7,413 shares of Common Stock.

Remarks:

	Linea K. Michael, Attorney in Fact for Donald M. Carley	08/26/2025
	** 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.

FAQ

What did HMN insider Donald M. Carley sell and when?

He sold 3,500 shares of HMN common stock on 08/22/2025 at $45.94 per share.

How many HMN shares does Donald M. Carley beneficially own after the transaction?

He beneficially owns 22,091.563 shares after the reported sale.

What composes Donald M. Carley’s reported HMN holdings?

The holdings comprise 14,678.563 vested restricted stock units and 7,413 shares of common stock.

Was any derivative security reported in this HMN Form 4?

No. Table II shows no derivative transactions; only a non-derivative sale is reported.

Who signed the HMN Form 4 for Donald M. Carley?

The form was signed by Linea K. Michael, Attorney in Fact on 08/26/2025.