HRTG insider sale: Officer sold 21,000 shares at $24.47
Sharon Binnun, Chief Accounting Officer of Heritage Insurance Holdings, Inc. (HRTG), reported a sale of 21,000 shares of Common Stock on 09/05/2025 at a price of $24.47 per share.
Rhea-AI Filing Summary
Sharon Binnun, Chief Accounting Officer of Heritage Insurance Holdings, Inc. (HRTG), reported a sale of 21,000 shares of Common Stock on 09/05/2025 at a price of $24.47 per share. After the transaction she beneficially owned 176,006 shares on a direct basis. The Form 4 is signed and dated 09/09/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale by a company officer; transaction reduces direct holdings but appears non-material relative to total outstanding shares.
The Form 4 documents a single open-market sale of 21,000 shares by the Chief Accounting Officer at $24.47 per share on 09/05/2025. The filing shows direct ownership of 176,006 shares after the sale and provides no derivative transactions or additional context. This appears to be a routine disclosure under Section 16; the filing does not include explanations for the sale or indicate any related-party arrangements.
TL;DR: Properly executed Form 4 reporting an officer disposition; no governance issues or material disclosures present in this filing.
The submission is signed and dated, identifies the reporting person and role (Chief Accounting Officer), and discloses the exact number of shares sold and remaining direct beneficial ownership. There are no accompanying derivative positions, amendments, or notes suggesting regulatory or governance concerns. The disclosure meets basic Section 16 reporting requirements but provides limited insight into motive or broader ownership changes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 21,000 | $24.47 | $514K |
FAQ
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What transaction did Sharon Binnun report on Form 4 for HRTG?
What is Sharon Binnun's role at Heritage Insurance Holdings (HRTG)?
Were any derivative securities reported in this Form 4 for HRTG?
When was the Form 4 signed and filed?
AI-generated analysis. How Rhea-AI works. Not financial advice.