Heritage Insurance CAO granted stock awards
Binnun Sharon reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Binnun Sharon reported acquisition or exercise transactions in this Form 4 filing.
Heritage Insurance Holdings Chief Accounting Officer Sharon Binnun received equity awards of company common stock. She was granted 3,037 shares of restricted stock that vest in three equal annual installments on December 15, 2026, December 15, 2027, and December 15, 2028.
She also received 12,147 shares of performance-based restricted stock with a three-year performance period from January 1, 2026 through December 31, 2028, vesting after the performance period but no later than March 30, 2029. The final number of performance shares earned can decrease based on performance results.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,037 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 12,147 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents an award of restricted stock granted to the Reporting Person. The restricted stock vests in three installments of 1,012 shares on December 15, 2026, 1,012 shares on December 15, 2027 and 1,013 shares on December 15, 2027.
- F2. Represents an award of performance based restricted stock granted to the Reporting Person. The performance based restricted stock has a three-year performance period beginning on January 1, 2026 and ending on December 31, 2028 and will vest following the end of the performance period but no later than March 30, 2029. The number of shares that will be earned at the end of the performance period is subject to decrease based on the results of the performance condition.
FAQ
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What insider transactions did Heritage Insurance (HRTG) report for Sharon Binnun?
How do the restricted stock awards for HRTG’s Sharon Binnun vest?
What are the terms of the performance-based restricted stock granted by HRTG?
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