STOCK TITAN

Insider plans sale of 9,200 shares — HRTG (NYSE: HRTG)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

HRTG filing a Form 144 reporting a proposed sale of 9,200 shares of Common Stock tied to Restricted Stock Awards dated 03/12/2026. The excerpt also shows a 10b5-1 sale by Sharon Binnun of 7,893 shares on 03/17/2026 for $223,750.76.

Positive

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Negative

  • None.

Insights

Routine Form 144 notice for insider resale under a 10b5-1 plan; compliance filing rather than a corporate action.

Form 144 is a notice of proposed sale under Section 16(b) rules. The filing lists 9,200 shares associated with Restricted Stock Awards and records a 10b5-1 sale of 7,893 shares on 03/17/2026 for $223,750.76. This is a standard disclosure of planned and recent insider dispositions.

Cash‑flow treatment and whether remaining proposed sales were executed are not stated in the excerpt; subsequent filings would show completion or additional details.

Proposed shares to be sold 9,200 shares Securities To Be Sold; Restricted Stock Awards dated 03/12/2026
Shares sold under 10b5-1 7,893 shares 10b5-1 sale by Sharon Binnun on 03/17/2026
Proceeds reported $223,750.76 Cash amount for the 10b5-1 sale on 03/17/2026
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
10b5-1 regulatory
"10b5-1 Sales for SHARON BINNUN ... Common | 03/17/2026"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Restricted Stock Awards financial
"Securities To Be Sold ... Restricted Stock Awards | Issuer"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does HRTG's Form 144 report?

The Form 144 reports a proposed sale of 9,200 shares tied to Restricted Stock Awards dated 03/12/2026. It also records a prior 10b5-1 sale of 7,893 shares on 03/17/2026 for $223,750.76.

Who sold shares under the 10b5-1 plan in the HRTG filing?

Sharon Binnun is identified as the seller for a 10b5-1 sale of 7,893 shares executed on 03/17/2026, generating $223,750.76 according to the excerpt.

How many shares are associated with the Restricted Stock Awards in the filing?

The filing lists 9,200 shares of Common Stock tied to Restricted Stock Awards with an award date of 03/12/2026, shown in the "Securities To Be Sold" section.

What is a 10b5-1 sale as shown in the HRTG filing?

A 10b5-1 sale is a planned trading arrangement allowing insiders to sell according to a preset plan. The excerpt shows such a sale for 7,893 shares on 03/17/2026 for $223,750.76.

Does the Form 144 show proceeds to the company?

The excerpt records a sale amount of $223,750.76 for the 10b5-1 transaction; it does not state whether any proceeds were paid to the company or to selling holders in other transactions.