Heritage Insurance chairman sells 100,000 shares

Heritage Insurance Holdings, Inc. reports that Chairman and director Richard A. Widdicombe sold a total of 100,000 shares of common stock in open-market transactions on 2025-09-16.

Rhea-AI Filing Summary

Heritage Insurance Holdings, Inc. reports that Chairman and director Richard A. Widdicombe sold a total of 100,000 shares of common stock in open-market transactions on 2025-09-16. The sales occurred at weighted-average prices of $23.88 and $24.52 per share within stated price ranges. Following these transactions, he directly holds 599,047 shares of Heritage Insurance common stock.

Insights

Corporate Governance Expert

TL;DR: Director sold 100,000 shares in two tranches; disclosure is timely and provides price ranges and post-sale holdings.

The Form 4 shows compliance with Section 16 reporting: two separate sales on 09/16/2025 totaling 100,000 shares by Richard A. Widdicombe, identified as a director and chairman. The filing includes weighted-average prices and explicit price ranges for each tranche, and reports post-transaction beneficial ownership figures. For governance review, the sale size relative to outstanding holdings and any stated insider trading plan are not provided in this filing; the document does, however, supply the necessary transactional details for market transparency.

Securities Analyst

TL;DR: Material insider selling occurred but filing does not state motive or trading plan.

The aggregate sale of 100,000 shares is a quantifiable change in insider ownership and is properly disclosed with price ranges ($23.40–$24.64 across both tranches) and resulting ownership figures (reported as 641,909 and 599,047 shares). From a market-impact perspective, the sale size is clear; however, the Form 4 does not indicate whether transactions were pre-arranged under a Rule 10b5-1 plan or represent discretionary sales, so investors cannot infer intent from this filing alone. Disclosure quality is adequate for transactional transparency.

Insider Trade Summary

Net Seller: 100,000 shares

Net Sell 2 txns

Insider WIDDICOMBE RICHARD A

Role Director

Sold 100,000 shs ($2.42M)

Type	Security	Shares	Price	Value
Sale	Common Stock	57,138	$23.88	$1.36M
Sale	Common Stock	42,862	$24.52	$1.05M

Holdings After Transaction: Common Stock — 599,047 shares (Direct)

Footnotes (2)

1. F1. Represents the weighted average of the shares sold. The prices of the shares sold pursuant to the transaction ranges from $23.40 to $24.39 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.
2. F2. Represents the weighted average of the shares sold. The prices of the shares sold pursuant to the transaction ranges from $24.44 to $24.64 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 (trade 1): 57,138 shares Price per share (trade 1): $23.88 Shares sold (trade 2): 42,862 shares +3 more

6 metrics

Shares sold (trade 1) 57,138 shares Non-derivative sale of Common Stock on 2025-09-16 at a weighted-average price

Price per share (trade 1) $23.88 Weighted-average sale price for 57,138 shares; individual prices ranged from $23.40 to $24.39

Shares sold (trade 2) 42,862 shares Non-derivative sale of Common Stock on 2025-09-16 at a weighted-average price

Price per share (trade 2) $24.52 Weighted-average sale price for 42,862 shares; individual prices ranged from $24.44 to $24.64

Total shares sold 100,000 shares Aggregate net shares sold across reported transactions, per transaction summary

Post-transaction holdings 599,047 shares Direct Common Stock holdings after the reported sales, from canonical holdings

Key Terms

weighted average, open market or private transaction, Securities and Exchange Commission staff

3 terms

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 or private transaction financial

"Sale in open market or private transaction"

Securities and Exchange Commission staff regulatory

"will provide the Securities and Exchange Commission staff, the issuer"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Heritage Insurance (HRTG) disclose in this Form 4?

Heritage Insurance (HRTG) disclosed that Chairman Richard A. Widdicombe sold 100,000 shares of common stock on 2025-09-16 in open-market transactions. The trades were split into two blocks at weighted-average prices of $23.88 and $24.52 per share.

How many HRTG shares does Richard A. Widdicombe hold after this transaction?

After these reported sales, Richard A. Widdicombe directly holds 599,047 shares of Heritage Insurance (HRTG) common stock. This post-transaction balance reflects his remaining direct ownership position as reported in the insider filing’s canonical holdings data.

How many HRTG shares were sold in each trade reported by Richard A. Widdicombe?

Richard A. Widdicombe sold 57,138 shares in one trade and 42,862 shares in a second trade of Heritage Insurance (HRTG) common stock. Both transactions were reported as non-derivative open-market sales executed on 2025-09-16.

At what prices were the HRTG insider sales executed in this Form 4?

The reported sales used weighted-average prices of $23.88 and $24.52 per HRTG share. Footnotes state the first block’s prices ranged from $23.40 to $24.39 and the second from $24.44 to $24.64, with detailed breakdowns available upon request.

What is Richard A. Widdicombe’s role at Heritage Insurance (HRTG)?

Richard A. Widdicombe is reported as a director and serves as Chairman of Heritage Insurance (HRTG). His Form 4 filing reflects transactions in the company’s common stock made in his capacity as a reporting person under SEC insider reporting rules.

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

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Accepted by SEC EDGAR 09/18/2025 - 05:20 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

WIDDICOMBE RICHARD A

(Last) (First) (Middle)

C/O HERITAGE INSURANCE HOLDINGS, INC.

1401 N. WESTSHORE BLVD

(Street)

TAMPA FL 33607

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Heritage Insurance Holdings, Inc. [ HRTG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Chairman

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/16/2025		S		57,138	D	$23.88(1)	641,909	D
Common Stock	09/16/2025		S		42,862	D	$24.52(2)	599,047	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the weighted average of the shares sold. The prices of the shares sold pursuant to the transaction ranges from $23.40 to $24.39 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.

2. Represents the weighted average of the shares sold. The prices of the shares sold pursuant to the transaction ranges from $24.44 to $24.64 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.

Remarks:

	/s/ Richard A. Widdicombe	09/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.