STOCK TITAN

Insider 10b5-1 sales and RSU listing at HRTG (HRTG)

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

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 notice reporting proposed and recent sales of Common Stock tied to Restricted Stock Units. The filing lists a 9200-share lot associated with a 03/12/2026 restricted stock unit grant and two 10b5-1 sale entries by Sharon Binnun on 05/01/2026 (9,200 shares, $266,753.08) and 06/22/2026 (9,200 shares, $224,102.80).

The entries identify Morgan Stanley Smith Barney LLC Executive Financial Services as the broker/dealer and report the transactions under NYSE handling. The filing is a notice of proposed/rescheduled resale activity under Rule 144/10b5-1; it does not state proceeds treatment beyond the reported dollar amounts for the executed 10b5-1 sales.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 notices and 10b5-1 sales by an insider are administrative disclosures, not strategic corporate actions.

The excerpt documents planned/resolved resale activity: a 9200-share RSU lot dated 03/12/2026 and two executed 10b5-1 sale lines showing dollar proceeds of $266,753.08 (05/01/2026) and $224,102.80 (06/22/2026). These entries identify the broker/dealer but do not describe use of proceeds.

Cash-flow treatment and whether the RSUs were the source for the sales are not specified in the provided excerpt; subsequent filing detail or broker confirmations would clarify settlement, tax withholding, or withholding-as-payment mechanics.

RSU shares 9,200 shares Restricted Stock Unit dated 03/12/2026
10b5-1 sale proceeds (05/01/2026) $266,753.08 Sale of 9,200 shares on 05/01/2026
10b5-1 sale proceeds (06/22/2026) $224,102.80 Sale of 9,200 shares on 06/22/2026
Broker/Dealer Morgan Stanley Smith Barney LLC Named as broker/dealer on the filing
10b5-1 regulatory
"10b5-1 Sales for SHARON BINNUN 1401 N. Westshore Blvd"
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 Units financial
"Restricted Stock Units | Issuer | 9200 | 03/12/2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
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FAQ

What does the HRTG Form 144 report?

The filing reports proposed and recent sales of Common Stock tied to Restricted Stock Units. It lists a 9,200-share RSU dated 03/12/2026 and two 10b5-1 sale entries showing dollar amounts.

Who executed the reported 10b5-1 sales in the HRTG filing?

The entries are identified as 10b5-1 sales for Sharon Binnun. Two executed sales are dated 05/01/2026 and 06/22/2026 for 9,200 shares each.

What proceeds are shown for the 10b5-1 sales?

The filing lists proceeds of $266,753.08 for 05/01/2026 and $224,102.80 for 06/22/2026. The document does not state how proceeds are allocated or paid.

Which broker/dealer is named in the Form 144?

The broker/dealer listed is Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, 8th Floor, New York, NY; the NYSE is indicated as the market.

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