[144] Heritage Insurance Holdings, Inc. SEC Filing

Rhea-AI Filing Summary

Heritage Insurance Holdings, Inc. (HRTG) filed a Form 144 notice reporting a proposed sale of 7,467 common shares with an aggregate market value of $212,062.80, expected to be sold on 09/22/2025 through Morgan Stanley Smith Barney LLC on the NYSE. These shares were acquired as restricted stock units on 11/14/2017.

The filing also discloses that Ernesto Garateix sold 25,000 common shares on 09/15/2025 for $615,250.00. The filer affirms they are not aware of undisclosed material adverse information and includes the standard Rule 10b5-1/intent representation language.

Positive

• Full Rule 144 disclosure provided including broker, sale date, acquisition details, and aggregate market value
• Securities were acquired as RSUs in 2017, indicating long-held awards rather than immediate post-grant sales

Negative

• Recent insider sale of 25,000 shares on 09/15/2025 for $615,250.00 could be perceived as insider liquidity
• Filing lacks context on percentage ownership or relation of these amounts to total insider holdings

Insights

Securities Analyst

TL;DR: Routine Rule 144 notice for insider stock sale; size is modest and appears to stem from long-held RSUs.

The filing reports a planned disposition of 7,467 shares valued at $212,062.80 and documents a recent sale of 25,000 shares by Ernesto Garateix for $615,250. The shares to be sold were acquired as restricted stock units in 2017, indicating these are long-vested equity awards rather than recent purchases. This filing provides transparency on insider liquidity but does not by itself disclose operational or financial changes at the company.

Corporate Governance Expert

TL;DR: Proper insider disclosure under Rule 144; representation and 10b5-1 language are present as required.

The notice follows Rule 144 format and includes the required attestation that the signer is unaware of undisclosed material adverse information. It lists the broker, sale date, acquisition method (RSUs), and prior recent insider sale details. From a governance perspective, the filing meets disclosure obligations; it does not indicate unusual trading patterns or procedural irregularities based on the information provided.

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

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	7467	212062.80	31017570	09/22/2025	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	11/14/2017	Restricted Stock Units	Issuer			7467	11/14/2017	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ERNESTO GARATEIX 1401 N. Westshore Blvd Tampa FL 33607	Common	09/15/2025	25000	615250.00

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 does the Form 144 filed by HRTG report?

The Form 144 reports a proposed sale of 7,467 common shares (aggregate value $212,062.80) to be sold on 09/22/2025 through Morgan Stanley Smith Barney LLC.

How were the shares to be sold acquired according to the filing?

The shares were acquired as Restricted Stock Units on 11/14/2017, per the filing.

Did any insider sales occur recently for HRTG?

Yes. The filing discloses that Ernesto Garateix sold 25,000 common shares on 09/15/2025 for $615,250.00.

Which broker is handling the proposed sale?

The broker listed for the proposed sale is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza.

Does the filer assert any undisclosed material information?

The filer represents they do not know any material adverse information about the issuer that has not been publicly disclosed, per the attestation on the form.