Heritage Insurance CAO sells 9,200 common shares
Heritage Insurance Holdings, Inc. chief accounting officer Sharon Binnun sold a total of 9,200 shares of common stock in open-market transactions.
Rhea-AI Filing Summary
Heritage Insurance Holdings, Inc. chief accounting officer Sharon Binnun sold a total of 9,200 shares of common stock in open-market transactions. On April 1, she sold 8,700 shares at a weighted average price of about $25.69 per share and 500 shares at $26.19 per share. The larger sale involved individual prices ranging from $25.19 to $26.18 per share. After these trades, she directly holds 133,188 shares. The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 9,200 shares
Net Sell
2 txns
Insider
Binnun Sharon
Role
Chief Accounting Officer
Sold
9,200 shs ($237K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,700 | $25.6889 | $223K |
| Sale | Common Stock | 500 | $26.19 | $13K |
Holdings After Transaction:
Common Stock — 133,188 shares (Direct)
Footnotes (2)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted on December 12, 2025.
- F2. Represents the weighted average of the shares sold. The prices of the shares sold pursuant to the transaction range from $25.19 to $26.18 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold (first trade): 8,700 shares
Weighted average price (first trade): $25.6889 per share
Shares sold (second trade): 500 shares
+3 more
6 metrics
Shares sold (first trade)
8,700 shares
Common Stock, open-market sale on April 1, 2026
Weighted average price (first trade)
$25.6889 per share
Prices ranged from $25.19 to $26.18
Shares sold (second trade)
500 shares
Common Stock, open-market sale on April 1, 2026 at $26.19
Total shares sold
9,200 shares
Net-sell across two open-market transactions
Shares held after transactions
133,188 shares
Direct ownership following April 1, 2026 sales
Rule 10b5-1 plan adoption date
December 12, 2025
Plan governing the reported stock sales
Key Terms
Rule 10b5-1 trading plan, weighted average, open-market sale, Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average financial
"Represents the weighted average of the shares sold."
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HRTG executive Sharon Binnun report?
Sharon Binnun, chief accounting officer of Heritage Insurance Holdings, reported selling 9,200 shares of common stock in open-market transactions. The trades occurred on April 1 and were executed under a pre-arranged Rule 10b5-1 trading plan adopted in December 2025.
Were Sharon Binnun’s HRTG stock sales pre-planned under Rule 10b5-1?
Yes. A footnote states the sales were effected under a Rule 10b5-1 trading plan adopted on December 12, 2025. Such plans allow executives to schedule trades in advance, helping separate routine portfolio moves from discretionary timing decisions.
What type of security did Sharon Binnun trade in this HRTG Form 4?
All reported transactions involve Heritage Insurance Holdings common stock. The filing lists non-derivative securities only, meaning these trades were direct stock sales rather than exercises or conversions of options, warrants, or other derivative instruments.
What does the weighted average price in Sharon Binnun’s HRTG sale mean?
The weighted average price of about $25.69 reflects many individual trades between $25.19 and $26.18 per share. The Form 4 notes she can provide detailed breakdowns of the number of shares sold at each separate price upon request to regulators or shareholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
