[144] Heritage Insurance Holdings, Inc. SEC Filing

Rhea-AI Filing Summary

Heritage Insurance Holdings, Inc. (HRTG) notice reports a proposed sale of 250,000 common shares through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $6,022,500.00 and approximately 31,017,570 shares outstanding. The filing lists the acquisition history for the shares being sold: 135,338 shares were founders' shares acquired 12/15/2012 and 114,662 were purchased on the open market 05/23/2014 for cash. The filer indicates no securities sold in the past three months and attests they possess no undisclosed material adverse information. The notice sets the approximate sale date as 09/16/2025.

Insights

Securities Analyst

TL;DR: Insider intends to sell 250,000 HRTG shares (≈0.8% of outstanding), reported under Rule 144; transaction appears routine.

The Form 144 discloses a planned sale of 250,000 common shares via Morgan Stanley with an aggregate value of $6.02 million and an approximate sale date of 09/16/2025. The filing documents the provenance of the shares: a mix of founders' shares (12/15/2012) and an open-market purchase (05/23/2014). There are no reported sales in the prior three months, and the filer certifies no undisclosed material adverse information. Given the sale size relative to outstanding shares (~0.8%), this appears to be a routine insider liquidity event rather than a material shift in ownership.

Corporate Governance Expert

TL;DR: Proper Rule 144 disclosure filed; timeline and source of shares are clearly stated.

The notice follows Rule 144 disclosure requirements by identifying the broker, number of shares, aggregate market value, acquisition dates, and nature of acquisitions (founders' shares and open-market purchase). The filer also makes the standard representation regarding material nonpublic information. There is no indication in the filing of any trading plan date or Rule 10b5-1 adoption. From a governance perspective, the form provides the expected transparency for an insider sale.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	250000	6022500.00	31017570	09/16/2025	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/15/2012	Founders Shares	Issuer			135338	12/15/2012	N/A
Common	05/23/2014	Open Market Purchase	Issuer			114662	05/23/2014	Cash

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What insider sale does the HRTG Form 144 disclose?

The filing discloses a proposed sale of 250,000 common shares via Morgan Stanley Smith Barney LLC with an aggregate market value of $6,022,500.00.

When is the approximate sale date reported in the HRTG Form 144?

The approximate date of sale is reported as 09/16/2025.

How many outstanding shares does HRTG report on this Form 144?

The filing reports 31,017,570 shares outstanding.

What is the acquisition history of the shares being sold according to the filing?

The shares consist of 135,338 founders' shares acquired 12/15/2012 and 114,662 purchased on 05/23/2014 in the open market for cash.

Did the filer report any securities sold in the past three months?

No. The filing states Nothing to Report for securities sold during the past three months.