Heritage CEO has shares withheld for tax on vesting

Heritage Insurance Holdings, Inc. Chief Executive Officer Ernie J. Garateix reported a tax-related share disposition tied to equity compensation.

Rhea-AI Filing Summary

Heritage Insurance Holdings, Inc. Chief Executive Officer Ernie J. Garateix reported a tax-related share disposition tied to equity compensation. On the reported date, 149,632 shares of common stock were withheld at a price of $28.14 per share to cover tax obligations.

The footnote explains these shares were withheld upon vesting of previously awarded performance-based restricted stock, rather than sold in the open market. After this withholding, Garateix directly holds 1,077,623 shares of Heritage common stock, indicating he retains a substantial equity position.

Insider Trade Summary

Exercise Price or Tax Liability: 149,632 shares

Exercise Price or Tax Liability 1 txn

Insider Garateix Ernie J

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	149,632	$28.14	$4.21M

Holdings After Transaction: Common Stock — 1,077,623 shares (Direct)

Footnotes (1)

1. F1. Represents the shares withheld to satisfy tax liability on the vesting of shares of previously awarded performance based restricted stock.

FAQ

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

What insider transaction did Heritage Insurance (HRTG) report on this Form 4?

Heritage Insurance reported a tax-withholding disposition by its CEO. Ernie J. Garateix had 149,632 shares of common stock withheld at $28.14 per share to satisfy tax liabilities triggered by vesting of performance-based restricted stock.

Was the Heritage Insurance (HRTG) CEO’s Form 4 transaction an open-market stock sale?

No, the transaction was not an open-market sale. The filing states the 149,632 shares were withheld to satisfy tax liability upon vesting of performance-based restricted stock, meaning shares were retained by the company rather than sold on the open market.

How many Heritage Insurance (HRTG) shares were involved in the CEO’s tax withholding?

A total of 149,632 shares were used for tax withholding. These common stock shares were valued at $28.14 per share and were withheld to cover taxes arising from the vesting of previously awarded performance-based restricted stock.

How many Heritage Insurance (HRTG) shares does the CEO hold after this Form 4 event?

After the transaction, the CEO holds 1,077,623 shares. The Form 4 reports that following the tax-withholding disposition, Ernie J. Garateix’s direct ownership in Heritage common stock totals 1,077,623 shares.

What does the footnote in the Heritage Insurance (HRTG) Form 4 explain about the transaction?

The footnote clarifies the shares were withheld for taxes on vesting. It states the reported shares represent common stock withheld to satisfy tax liability when performance-based restricted stock awards vested, highlighting this as a compensation-related event.

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

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Accepted by SEC EDGAR 03/16/2026 - 05:10 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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Garateix Ernie J

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

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	03/12/2026		F(1)		149,632	D	$28.14	1,077,623	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 shares withheld to satisfy tax liability on the vesting of shares of previously awarded performance based restricted stock.

Remarks:

	/s/ Ernie J. Garateix	03/16/2026
	** 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.