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Heritage Insurance holder plans $309K stock sale

Heritage Insurance Holdings, Inc. (HRTG) is the issuer of common stock that shareholder Sharon Binnun plans to sell under Rule 144 through Morgan Stanley Smith Barney LLC.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Heritage Insurance Holdings, Inc. (HRTG) is the issuer of common stock that shareholder Sharon Binnun plans to sell under Rule 144 through Morgan Stanley Smith Barney LLC. The notice covers 9,200 shares, with an aggregate market value of $309,304.00, when 29,732,416 shares of common stock were outstanding. The shares relate to restricted stock awards from the issuer and are expected to be sold on the NYSE. Over the prior three months, Binnun reported three separate 10b5‑1 plan sales of 9,200 shares each.

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Shares to be sold 9,200 shares of common stock Proposed sale under Rule 144
Aggregate market value of securities to be sold $309,304.00 Value of 9,200 shares covered by the notice
Shares outstanding 29,732,416 shares Common stock outstanding when the notice was prepared
Recent 10b5-1 sale on 08/03/2026 9,200 shares for $276,285.20 Common stock sold under a 10b5-1 plan
Recent 10b5-1 sale on 07/01/2026 9,200 shares for $244,492.76 Common stock sold under a 10b5-1 plan
Recent 10b5-1 sale on 06/22/2026 9,200 shares for $224,102.80 Common stock sold under a 10b5-1 plan
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Awards financial
"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.
10b5-1 regulatory
"10b5-1 Sales for SHARON BINNUN"
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.

FAQ

What does this Form 144 mean for Heritage Insurance Holdings, Inc. (HRTG)?

It reports that shareholder Sharon Binnun intends to sell 9,200 shares of HRTG common stock under Rule 144 through a broker, providing advance notice of a potential resale of restricted or control securities.

How many Heritage Insurance (HRTG) shares are covered by this Rule 144 notice?

The notice covers the proposed sale of 9,200 shares of Heritage Insurance Holdings, Inc. common stock, tied to restricted stock awards from the issuer.

What is the market value of the HRTG shares to be sold under this Form 144?

The aggregate market value of the 9,200 HRTG shares covered by the notice is reported as $309,304.00.

How many Heritage Insurance (HRTG) shares were outstanding when this notice was filed?

The notice reports that 29,732,416 shares of Heritage Insurance Holdings, Inc. common stock were outstanding, providing context for the relative size of the planned sale.

What recent 10b5-1 sales has Sharon Binnun made of HRTG stock?

Over the past three months, Sharon Binnun reported three 10b5‑1 sales of HRTG common stock: each for 9,200 shares, with total proceeds of $276,285.20, $244,492.76, and $224,102.80, respectively.

What type of HRTG securities are being sold under this Form 144?

The securities are common stock of Heritage Insurance Holdings, Inc., originating from Restricted Stock Awards issued by the company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

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